
All eyes on EPRA ahead of today's fuel prices review
- Published By The Statesman For The Statesman Digital
- 1 year ago
As a result, the authority either announces changes in fuel prices, or maintains the existing prices at the pump, a review that serves for a month.
In its October 14 review, the petroleum body raised the price of petrol by Ksh.5.72, diesel by Ksh.4.48, and kerosene by Ksh.2.45. This made petrol to retail at Ksh.217.36 per litre, diesel at Ksh.205.47 and kerosene at Ksh.204.46 per litre in Nairobi.
Epra attributed the higher prices to an increase in the average landing cost of imported fuel, where super petrol went up by 3.93%, diesel rose by 7.07% and kerosene by 5.01%.
The rising price of fuel has been termed as a major contributor to the high cost of living in the country, an issue that President William Ruto, in a parliamentary group meeting on November 7 was quoted saying “his hands are tied.”
Ahead of the monthly review, discussions on whether or not EPRA will increase fuel prices have already began.
Molo MP Kuria Kimani, who is the National Assembly Finance and Planning Committee chairperson has expressed optimism that the fuel prices will not increase.
Speaking to Citizen on Tuesday morning, Kimani downplayed Energy CS Davis Chirchir’s concern that fuel prices may rise to Ksh.300 per litre as a result of the Israel-Palestine conflict.
On his part, Narok Senator Ledama Ole Kina took to social media to share what he termed as important information regarding fuel pricing.
“Two companies that are part of the G2G contract source fuel from the same place but one directly while the other one through a broker. Gulf Energy buys its oil from ENOC who source their oil from Saudia Aramco and sell to Kenya While Galana Oil Kenya buys fuel directly from Saudi Aramco. However, Gulf and Galana quotes the same platts price. So who is fooling who?,” Ledama wrote in a tweet.
Other social media users on Tuesday morning expressed fears on the fuel prices rising. One Fred Ooko tweeted; “The green holiday is over and EPRA is about to bury the hopes of an entire nation.”
@Joseph wrote “EPRA will be announcing more problems to Kenyans tonight. It's not getting better.”
“Today EPRA will do the ting. Brace yourselves fellow Kenyans,” @Mbito posted on X.
Share on
Tags
SHARE YOUR COMMENT
MORE STORIES FOR YOU
Trending Stories
DJ Mo’s former illicit lo...
- Published By Jane
- January 15, 2024
Mapenzi! Zari and Tanasha...
- Published By Jane
- October 24, 2023
Zuchu Speaks on Diamond P...
- Published By Jane
- October 12, 2023
Hio Ni Upumbavu Wasituche...
- Published By Jane
- November 8, 2023
RECOMMENDED FOR YOU
Melanin Does Crack: Garni...
- Published By The
- April 21, 2025
The genetic mystery of wh...
- Published By The
- April 21, 2025
The Invisible Chains: Why...
- Published By The
- April 23, 2025
Severance to Adolescence:...
- Published By The
- April 21, 2025
Latest Stories
Rigathi Gachagua Confirms...
- Published By The
- July 12, 2025
Chris Brown Pleads Not Gu...
- Published By The
- July 12, 2025
Why KRA Now Requires All...
- Published By The
- July 12, 2025
Death Toll from Saba Saba...
- Published By The
- July 12, 2025