EPRA Announces New Petroleum Prices for January-February 2025

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These adjustments represent an increase of KShs.0.29 for Super Petrol, KShs.2.00 for Diesel, and KShs.3.00 for Kerosene per litre.

The Energy and Petroleum Regulatory Authority (EPRA) has announced the maximum retail prices for petroleum products for the period between January 15, 2025, and February 14, 2025. Photo/Nairobi Leo.

The Energy and Petroleum Regulatory Authority (EPRA) has announced the maximum retail prices for petroleum products for the period between January 15, 2025, and February 14, 2025.

The changes, calculated in accordance with Section 101(y) of the Petroleum Act 2019 and Legal Notice No. 192 of 2022, reflect slight increases in pump prices for Super Petrol, Diesel, and Kerosene.

Effective midnight, the new prices for Nairobi will be as follows: Super Petrol will retail at KShs.176.58 per litre, Diesel at KShs.167.06 per litre, and Kerosene at KShs.151.39 per litre.

These adjustments represent an increase of KShs.0.29 for Super Petrol, KShs.2.00 for Diesel, and KShs.3.00 for Kerosene per litre.

The new prices include the 16% Value Added Tax (VAT) as stipulated in the Finance Act 2023 and the Tax Laws (Amendment) Act 2024.

Additionally, the rates account for inflation adjustments on excise duty, as outlined in Legal Notice No. 194 of 2020.

EPRA emphasized that the pricing mechanism ensures compliance with the Petroleum Act 2019 and aims to balance consumer protection with the sustainability of the energy sector.

The increase in prices reflects global market dynamics, including fluctuating crude oil prices and exchange rate variations.

The new prices will apply uniformly across Kenya, with adjustments made for transportation costs to various towns.

Outside Nairobi, the cost of petroleum products will vary slightly, as distribution costs and regional levies are factored in.

The adjustments come at a time when households and businesses are grappling with high energy costs.

Kerosene, widely used by low-income households for cooking and lighting, saw the highest increase, which could further strain budgets for vulnerable populations.

Diesel, essential for powering industries, transport, and agriculture, also recorded a notable increase, potentially impacting production costs and commodity prices.

EPRA reiterated its commitment to transparency in pricing and encouraged consumers to access the full press release on its website for detailed information.

The regulator also urged Kenyans to use energy efficiently to minimize the impact of the rising costs.

As the new prices take effect, consumers and businesses alike will be watching for further developments in global energy markets and their implications for local fuel pricing.

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