Energy and Petroleum Regulatory Authority has explained the latest increase in fuel prices across Kenya. The regulator linked the rise to higher international fuel costs.
EPRA announced that Super Petrol prices increased by Ksh16.65 per litre. Diesel prices also jumped sharply by Ksh46.29 per litre.
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Rising Landing Costs Behind Increase
According to EPRA, imported fuel landing costs increased significantly between March and April. Kenya imports all petroleum products in refined form from international markets.
The regulator said the landing cost of Super Petrol rose by 10 percent recently. Costs increased from Ksh106,325 to Ksh117,039 per cubic metre.
Diesel recorded the sharpest increase during the review period. EPRA said diesel landing costs rose by more than 20 percent.
Kerosene landing costs also increased slightly despite retail prices remaining unchanged. International benchmark prices reportedly continued rising steadily in recent months.
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Government Plans Consumer Cushion
EPRA stated that the government will use the Petroleum Development Levy Fund to cushion consumers. Approximately Ksh5 billion will support diesel and kerosene subsidies during this cycle.
The regulator also noted that the announced prices include eight percent VAT on fuel products. The VAT rate recently dropped from 12 percent last month.
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New Prices Expected to Affect Consumers
The new fuel prices took effect from May 15 and will remain active for 30 days. Super Petrol now retails at Ksh214.25 per litre nationally.
Diesel now costs Ksh242.92 per litre, while kerosene remains at Ksh152.78. The increase is expected to raise transport and operational costs.
Public transport users may feel the biggest impact from higher diesel prices. Businesses that rely heavily on fuel may also face increased expenses.
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