Super Petrol, Diesel, and Kerosene will continue to retail at Sh180.66, Sh168.06, and Sh151.39 in Nairobi for the next 30 days in the latest Epra review, released on Thursday.
The Energy and Petroleum Regulation Authority said the prices are inclusive of the 16 per cent Value Added Tax (VAT) in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2020, and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020.
"In accordance with Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022, the Energy & Petroleum Regulatory Authority (EPRA) has calculated the maximum retail prices of petroleum products which will be in force from 15th November 2024 to 14th December 2024,"
Epra said the average landed cost of imported Super Petrol increased by 0.54% from US$637.70 per cubic metre in September 2024 to US$641.14 per cubic metre in October 2024; Diesel decreased by 4.34% from US$636.22 per cubic metre to US$608.61 per cubic metre while Kerosene increased by 3.97% from US$623.39 per cubic metre to US$648.15 per cubic metre over the same period.
