Petrol, Diesel Prices Increase By Ksh7, Ksh5 In March Review -

Petrol, Diesel Prices Increase By Ksh7, Ksh5 In March Review

Fuel prices
[PHOTO/ COURTESY]

Kenyans will pay Ksh7.63 more for a litre of super petrol in the next one month as per the prices announced by Energy and Petroleum Regulatory Authority (EPRA) in March 2021.

A liter of diesel and kerosene will cost Ksh5.75 and Ksh5.41 more.

This means that a litre of super petrol in Nairobi will retail at Ksh122.81 while diesel and kerosene will retail at Ksh107.66 and Ksh97.85 per litre respectively.

“The prices are inclusive of the 8% Value Added Tax (VAT) in line with the provisions of the Finance Act 2018, the Tax Laws (Amendment) Act 2020 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020,” said EPRA in a notice on Sunday.

The average landed cost of imported Super Petrol increased by 14.97% from US$ 391.24 per cubic metre in January 2021 to US$ 449.82 per cubic metre in February 2021; Diesel increasing by 12.29% from US$ 377.55 per cubic metre to US$ 423.95 per cubic metre and Kerosene increasing by 13.26% from US$ 347.19 per cubic metre to US$ 393.23 per cubic metre.

Below are the recommended prices in different parts of the country:-

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