EPRA pronounces additional drop in gasoline costs
The Energy and Petroleum Regulatory Authority (EPRA) has introduced a discount in gasoline costs efficient from December 15 to January 14, 2025.
In the newest evaluate, Super Petrol, Diesel, and Kerosene might be retailed at Kshs 176.29, 165.06, and 148.39 respectively for the subsequent 30 days.
“In the period under review, the maximum allowed petroleum pump prices for Super Petrol, Diesel, and Kerosene 𝗱𝗲𝗰𝗿𝗲𝗮𝘀𝗲 by 𝐊𝐒𝐡𝐬.𝟒.𝟑𝟕/𝐥𝐢𝐭𝐫𝐞, 𝐊𝐒𝐡𝐬.𝟑.𝟎𝟎/𝐥𝐢𝐭𝐫𝐞, and 𝐊𝐒𝐡𝐬.𝟑.𝟎𝟎/𝐥𝐢𝐭𝐫𝐞 respectively,” the Authority said in a press launch.
EPRA attributes the worth reductions to a lower within the common landed value of imported petroleum merchandise. Specifically, the authority says the prices for Super Petrol have dropped by roughly 4.46%, Diesel by about 5.76%, and Kerosene by round 1.87% in comparison with the earlier month.
The newest discount follows EPRA’s failure to regulate costs, both upwards or downwards, over the previous two months, throughout which petrol has been retailing at Ksh 180.
This additionally comes at a vital time as Kenyans put together to journey for the Christmas festivities, a interval that usually sees a considerable enhance in journey.
The transfer offers aid to shoppers, as the worth of petrol was Ksh 212.36 in January 2024. The newest discount represents a Ksh 36 lower per litre, at a time the federal government promised to make the price of residing higher by, amongst different issues, adjusting costs downwards.
