In accordance with Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022, The Energy and Petroleum Regulatory Authority (Epra) has calculated the maximum retail prices of petroleum products which will be in force from 15th November to 14th December 2022.
In its pricing review for petrol, diesel and kerosene, Epra reduced petrol prices from Sh178.3 to Sh177.3, diesel from Sh163 to Sh162 and kerosene from Sh146.94 to Sh145.94, in Nairobi.
Epra said the price reduction followed a drop in landed cost for imported fuel products, which fell by up to 9 per cent.
The price of Diesel has been cross subsidized with that of Super Petrol while a subsidy of Kshs.17.68/litre has been maintained for Kerosene in order to cushion consumers from the otherwise high prices.
Fuel prices hit a record high during the September prices review by the Energy and Petroleum Regulatory Authority after the government partially removed subsidies.
