ENERGY: EPRA Announces Fuel Prices for March-April
The Energy and Petroleum Regulatory Authority (EPRA) declared on Thursday that the prices of super petrol, diesel, and kerosene will not change in the March fuel review.
According to the current fuel review, the pricing of Super Petrol, Diesel, and Kerosene will remain at Ksh176.58, Ksh167.06, and Ksh151.39, respectively.
EPRA highlighted that the determined maximum retail prices for petroleum products will be in effect from March 15 to April 14, this year.
According to EPRA, the rates include 16% Value Added Tax (VAT) in accordance with the terms of the Finance Act 2023 and the Tax Laws Amendment Act 2024.
The regulator also stated that the average landing cost of imported Super Petrol climbed by 1.34 percent, from Ksh81,398.16 per cubic metre in January 2025 to Ksh82,488.13 per cubic metre in February 2025.
Similarly, the average landed cost of diesel rose by 1.41 percent, from Ksh86,879.07 to Ksh88,107.55 per cubic metre.
In accordance with Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022, we have calculated the maximum retail prices of petroleum products which will be in force from 15th March 2025 to 14th April 2025.^DC pic.twitter.com/SCS2HQCjwX
— Energy and Petroleum Regulatory Authority (@EPRA_Ke) March 14, 2025
Meanwhile, kerosene prices fell by 1.36 percent, from Ksh88,212.41 to Ksh87,008.52 per cubic metre during the same period.
“Currently, Kenya imports all its petroleum product requirements in refined form and the products are traded in international markets based on a pricing benchmark,” EPRA noted.
“Further, the trade of petroleum products in the international markets is denominated in United States Dollars, and an exchange rate is applied to convert the dollars to shillings during the computation of local pump prices,” the regulator added.
The current announcement is welcome news for many Kenyans, particularly motorists who had anticipated a rise in fuel prices following recent rumors of the regulator’s plans to impose new taxes.
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Early this week, reports surfaced concerning EPRA’s plan to raise pump prices in order to compensate oil marketing companies and petroleum product transporters.
EPRA’s evaluation today follows a decline in international oil prices.
The Central Bank of Kenya said in its weekly bulletin on March 7 that Murban oil prices had declined to Ksh9,119.75 per barrel from Ksh9,928.82 per barrel on February 26.
“International oil prices decreased, with Murban oil prices falling to Ksh9,119.75 per barrel on March 6, from Ksh9,928.82 per barrel on February 26, amid major oil exporters (OPEC+) plans to raise oil output,” the Central Bank said.
ENERGY: EPRA Announces Fuel Prices for March-April
