Fuel prices will remain unchanged across Kenya despite rising import costs, with the Energy and Petroleum Regulatory Authority (EPRA) retaining the current maximum retail prices for Super Petrol, Diesel and Kerosene.
The decision means motorists and households will continue paying the same prices set under the previous monthly review. In Nairobi, a litre of Super Petrol will continue retailing at KSh214.03, while Diesel will remain at KSh217.86 per litre. Kerosene will continue selling at a maximum of KSh191.38 per litre.
The unchanged prices come at a time when the cost of importing petroleum products has been rising, putting pressure on the local fuel market.
EPRA, however, has maintained the existing prices for the new pricing period, meaning consumers will not face an additional increase for now.In Mombasa, motorists will continue buying Super Petrol at KSh210.87 per litre.
Diesel will retail at a maximum of KSh214.58, while Kerosene will remain at KSh188.09 per litre.Nakuru will also maintain its current fuel prices. Super Petrol will remain at KSh212.92 per litre, while Diesel will cost KSh217.27.
Kerosene will continue retailing at KSh190.81 per litre.In Eldoret, Super Petrol will remain at KSh213.69 per litre, with Diesel priced at KSh218.09.
In Kisumu, motorists will also pay KSh213.69 for a litre of Super Petrol, while Diesel will remain at KSh218.08.
The prices are maximum retail rates, meaning individual fuel stations can sell below the set prices but cannot charge above the limits announced by the regulator.
The decision to retain the prices provides some relief to motorists and businesses that had been facing uncertainty over the impact of higher import costs.
Fuel prices have a direct effect on transport costs and the prices of goods and services because diesel and petrol are widely used by businesses, public transport operators and other sectors of the economy.
For households that rely on kerosene, the unchanged rate also means there will be no additional increase in the cost of the fuel during the current pricing period.
EPRA reviews fuel prices every month using several factors, including changes in international petroleum prices, the cost of importing fuel and the exchange rate.
The regulator then determines the maximum prices that oil marketers can charge in different parts of the country.
Consumers will continue operating under the existing fuel prices as the regulator keeps the rates unchanged despite the pressure from higher import costs.
