ERC announces new fuel prices
What you need to know:
- In Mombasa, Super Petrol will retail at Sh111.25, automotive diesel at Sh101.47 and kerosene at Sh80.34 per litre.
- In Nairobi, Super Petrol will retail at Sh114.62, automotive diesel at 104.81 and kerosene at Sh83.13 per litre.
- In Eldoret, Petrol retails at Sh116.38, diesel at Sh106.81 and kerosene at Sh84.92 per litre while in Kisumu; petrol will retail at Sh116.45, diesel at Sh106.87 and kerosene at Sh84.92 per litre.
The Energy Regulatory Commission (ERC) has announced maximum retail pump prices of petroleum products effective June 15.
The maximum allowed price of Super Petrol decreases by Sh0.11 per litre while diesel increases by Sh0.10 per litre and kerosene increases by Sh0.32 per litre.
In a statement, the ERC says the purpose of the fuel pricing regulation is to cap the pump prices of the products, which are already in the country, such that the importation and other prudently incurred costs are recovered while ensuring fair prices to the consumers.
The ERC says the oil marketing companies are encouraged to compete below the maximum prices.
The prices are effective June 15 to July 14, 2014.
In Mombasa, Super Petrol will retail at Sh111.25, automotive diesel at Sh101.47 and kerosene at Sh80.34 per litre.
In Nairobi, Super Petrol will retail at Sh114.62, automotive diesel at 104.81 and kerosene at Sh83.13 per litre.
In Eldoret, Petrol retails at Sh116.38, diesel at Sh106.81 and kerosene at Sh84.92 per litre while in Kisumu; petrol will retail at Sh116.45, diesel at Sh106.87 and kerosene at Sh84.92 per litre.
