EPRA Announces New Fuel Prices

New fuel prices have been issued by the Energy and Petroleum Regulatory Authority (EPRA) for the period of February 15, 2024, to March 14, 2024.

The EPRA said in a statement on Wednesday, February 14, 224, that the prices of gasoline, diesel, and kerosene will be reduced by Ksh1.

“In accordance with Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022, EPRA has calculated the maximum retail prices of petroleum products, which will be in force from 15th February to 14th March 2024,” EPRA stated.

In the country’s capital, super petrol, diesel and kerosene will now retail at Ksh206.36, Ksh195.47 and Ksh193.23 effective midnight for the next 30 days.

“The prices are inclusive of the 16% Value Added Tax (VAT) in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2020 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020,” EPRA added.

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Dennis Elnino

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