The Energy and Petroleum Regulatory Authority (EPRA) has released the latest maximum retail prices for petroleum products in Nairobi, effective from 15th July 2023 to 14th August 2023.
The updated prices are in accordance to Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022.
Considering the weighted average cost of imported refined petroleum products, EPRA has implemented adjustments in line with market conditions.
Under the new price structure, Super Petrol will decrease by Kshs. 0.85 per litre, while Kerosene will experience a decrease of Kshs. 3.96 per litre. However, the price of Diesel remains unchanged.
These revisions aim to reflect the evolving market dynamics and provide consumers with more affordable options at the pump.
“Taking into account the weighted average cost of imported refined petroleum products, the changes in the maximum allowed petroleum prices in Nairobi are as follows: Super Petrol & Kerosene decrease by Kshs.0.85 & Kshs.3.96 per litre respectively while Diesel remains unchanged, ” the Authority wrote.
