Kenya’s Energy and Petroleum Regulatory Authority (EPRA) has cut the price of diesel by 5 shillings per litre in its latest monthly review, while keeping the prices of Super Petrol and Kerosene unchanged.
The new prices take effect from midnight on Friday, Aug. 14, and will apply from Saturday, Aug. 15, EPRA said.
A litre of diesel in Nairobi will now retail at 217.86 shillings, down from 222.86 shillings. Super Petrol will remain at 214.03 shillings per litre, while Kerosene will remain at 191.38 shillings.
EPRA said the prices of Super Petrol and Kerosene were maintained with the support of an additional government fuel stabilisation subsidy of 938 million shillings.
“The prices are inclusive of Value Added Tax (VAT),” EPRA said, citing the VAT Act of 2013, the Finance Act of 2023, the Tax Laws (Amendment) Act of 2024 and revised excise duty rates adjusted for inflation.
The regulator attributed the changes to movements in the average landed cost of imported petroleum products.
The average landed cost of imported Super Petrol rose 6.99% to $894.92 per cubic metre in July from $836.92 in June, EPRA said.
Over the same period, the landed cost of diesel fell 13.08% to $855.59 per cubic metre from $984.37, while that of kerosene declined 11.01% to $915.01 per cubic metre from $1,028.17.
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