Kenya Fuel Prices Rise

{{Kenyans will pay more for fuel after the energy regulator raised retail petrol, diesel and kerosene prices following increased global oil prices, higher import cost and the inclusion of rail levy.}}

The Energy Regulatory Commission (ERC) on Wednesday directed the price of petrol to be increased by Shs803 [Ksh2.74] per litre to Shs3,277 [Ksh112.26] and that of diesel by Shs46.3 [Ksh1.58] to Shs3,070 [Ksh104.44] per litre in Nairobi.

The prices of kerosene in the City have increased 5.5 per cent to Shs2,450 [Kshh83.93] per litre.

This is likely to pile pressure on poor households who mostly use kerosene for lighting and cooking.

The new prices will took effect on yesterday, and will be in force for a month.

This is the second time in four months that motorists are paying more for fuel.

In a statement on Wednesday, the regulator attributed the hike in fuel price to rising global oil prices, higher import cost and the inclusion of the 1.5% Railway Development Levy introduced by the government in June.

Though the import cost for petrol fell marginally by 1%, this did not stop its prices from increasing due to the rail levy.

{NMG}