EPRA Maintains Fuel Prices for February-March Period Despite Global Surge
Nairobi, Kenya – February 14, 2025 – The Energy and Petroleum Regulatory Authority (EPRA) has announced that fuel prices will remain unchanged for the period from February 15 to March 14, 2025, despite an increase in global crude oil prices.
In its latest review, EPRA stated that the maximum allowed prices for Super Petrol, Diesel, and Kerosene will continue to retail at Ksh176.58, Ksh167.06, and Ksh151.39 respectively in Nairobi. The prices are inclusive of the 16% Value Added Tax (VAT) as stipulated in the Finance Act 2023, the Tax Laws (Amendment) Act 2024, and adjusted excise duties as per Legal Notice No. 194 of 2020.
City-by-City Breakdown:
- Mombasa: Petrol at Ksh173.34, Diesel at Ksh163.82, and Kerosene at Ksh148.15.
- Kisumu: Petrol at Ksh176.62, Diesel at Ksh167.44, and Kerosene at Ksh151.82.
- Eldoret: Petrol at Ksh176.62, Diesel at Ksh167.45, and Kerosene at Ksh151.82.
- Nakuru: Petrol at Ksh175.80, Diesel at Ksh166.63, and Kerosene at Ksh151.01.
EPRA revealed that the average landing cost of imported fuels rose in January 2025, with Super Petrol increasing by 2.80%, Diesel by 4.20%, and Kerosene by 4.89%. Despite this surge, EPRA has maintained current prices, providing relief to Kenyan consumers who had braced for a potential increase.
EPRA Director General Daniel Kiptoo highlighted that the spike in global oil prices was driven by geopolitical factors, including sanctions on Russian oil products by the outgoing US administration. Brent crude prices surged to $81 per barrel in January, an $8 increase from the previous month.
This stability in fuel prices is expected to offer temporary relief to households and businesses already grappling with economic challenges. EPRA reassures that fuel prices will remain in effect for the next 30 days until the next review in mid-March.
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EPRA Maintains Fuel Prices for February-March Period Despite Global Surge