Relief For Kenyans As Fuel Prices Drop Marginally

Fuel prices have come down by close to five shillings per litre beginning Monday in the latest review by the Energy Regulatory Commission, ERC.
 
A litre of petrol will now sell at one hundred and eleven shillings and sixty four cents in Nairobi while that of diesel retail at Sh102.36 while kerosene will retail at Sh81.63 after being reduced by 62 cents.

The commission has attributed the reduction in the pump prices to decrease in the cost of imported refined petroleum products in the month of August.

“The purpose of the fuel pricing regulations is to cap the pump process of the products which are already in the country, such that the importation and other prudently incurred costs recovered while ensuring reasonable prices to consumers,” ERC Director General Joseph Ng’ang’a said.