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The Energy Petroleum and Regulatory Authority (EPRA) has released the new fuel prices on Wednesday, July 14, 2021.
In a press release, EPRA released the new fuel prices which will run from July 15 to August 14. The fuel prices will remain unchanged.
The cost of petroleum will remain at Ksh127.14 while diesel will sell at Ksh107.66. The cost of kerosene also remained unchanged at Ksh97.85 in Nairobi.
The prices are inclusive of the 8% Value Added Tax in line with the provisions of the Finance Act 2018, The Tax Laws (Amendment) Act 2020, and the reviewed rates for excise duty adjusted for inflation as per Legal Notice No 194 of 2020.
EPRA revealed that the cost of imported Super Petrol increased by 4.83% from $496.10 per cubic metre in May 2021 to $520.04 IN June 2021.
Diesel on the other hand increased by 3.69% from $461.95 per cubic metre in Mayto $479.01 in June 2021
The prices are expected to take effect on Thursday, July 15 at 12:00am.