EPRA Announces Fuel Prices for September

EPRA Announces Fuel Prices for September

EPRA Announces Fuel Prices for September: In accordance with Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022, the Energy & Petroleum Regulatory Authority (EPRA) has calculated the maximum retail prices of petroleum products which will be in force from 15th September 2024 to 14th October 2024.

In the period under review, the maximum allowed petroleum pump price for Super Petrol and Diesel remain unchanged while the price of Kerosene decreases by KShs.3.43/litre.
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.

The average landed cost of imported Super Petrol decreased by 1.53% from US$708.47 per cubic metre in July 2024 to US$697.62 per cubic metre in August 2024; Diesel decreased by 2.95% from US$693.82 per cubic metre to US$673.36 per cubic metre while Kerosene decreased by 5.30% from US$705.74 per cubic metre to US$668.34 per cubic metre.

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