Wednesday, November 13News That Matters

Epra reduces gasoline value by Sh8 per litre

The Vitality and Oil Administrative Authority has discounted gasoline prices by Sh8.18 per liter.

Within the October-November price survey, the gasoline price for Tremendous Petroleum was decreased by Sh8.18 per liter, Diesel at Sh3.54 per liter and Sh3.54 per liter. for kerosine.

The brand new gasoline prices will produce outcomes from October 15 to November 14, 2024.

Epra stated the prices are complete of the 16% Price Added Expense (Tank) in accordance with the preparations of the Cash Act 2023, the Expense Laws (Alteration) Act 2020 and the reexamined charges for extract obligation tailored to enlargement in accordance with Reliable Notification No. 194 of 2020.

“The standard landed price of imported Tremendous Petroleum diminished by 8.59 % from US$697.62 per cubic meter in August 2024 to US$637.70 per cubic meter in September 2024; Diesel diminished by 5.52 % from US$673.36 per cubic meter to US$636.22 per cubic meter whereas Lamp gasoline diminished by 6.73 % from US$668.34 per cubic meter to US$623.39 per cubic meter,” the assertion peruses.

Epra stated that Kenya presently imports usually its oil based mostly commodity requirements in refined construction, and the gadgets are exchanged worldwide enterprise sectors in gentle of a valuing benchmark.

Starting at 12 PM, Tremendous Petroleum will retail at Sh180.66, Diesel at Sh168.06, and Lamp oil at Sh151.39 in Nairobi.

In Mombasa, Tremendous Petroleum will retail at Sh177.42, Diesel at Sh164.82, and Lamp oil at Sh148.15.
In Nakuru, Tremendous Petroleum will retail at Sh179.87, Diesel at Sh167.63 and Lamp oil at Sh151.01.

Tremendous Petroleum will retail at Sh180.68, Diesel at Sh168.45 and Lamp oil at Sh151.82 in Eldoret.


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