Kenyans can breathe a sigh of relief after EPRA leaves oil prices unchanged


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Nairobi – Kenyans have been spared paying extra for crude oil after the energy and oil regulator left prices unchanged in its latest review.

For the next month, users will therefore continue to pay Sh127.14 for a liter of premium gasoline, Sh107.66 for a liter of diesel and Sh97.85 for a liter of kerosene in Nairobi.

In Mombasa, residents pay Sh124.72 for a liter of premium gasoline, Sh105.27 for a liter of diesel and Sh95.46 for a liter of kerosene.

Those in Nakuru pay Sh126.75 for a liter of premium gasoline, Sh107.55 for a liter of diesel and Sh97.76 for a liter of kerosene.

Premium gasoline is retailed in Eldoret and Kisumu at Sh127.67 per liter, while diesel and kerosene cost Sh108.46 and Sh98.68 per liter.

Acting director general of the agency, Daniel Bargoria, says prices are a result of a 4.84 percent increase in the cost of imported premium gasoline, from $ 496.1 per cubic meter in May to $ 520.04 in June.

Diesel rose 3.69 percent from $ 461.95 per cubic meter to $ 479.01 per cubic meter.

“During the reporting period, no kerosene ship was unloaded in the port of Mombasa,” said the general manager.

The prices include 8 percent VAT, which corresponds to the provisions of the Finance Act 2018, the Tax Act 2020 and the revised, inflation-adjusted consumption tax rates.

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