EPRA Sets New Oil Prices

The Energy and Petroleum Regulatory Authority (EPRA) has  released new Oil Prices for the period between Friday, October 15 and Sunday, November 14.

In the pricing index released on Thursday, October 14, 2021, EPRA noted that the prices of petrol and diesel dropped by Ksh5 and kerosene dropped by Ksh7.28 per litre for the next 30 days.

The new prices for petrol will retail at Ksh129.72 in Nairobi while diesel prices dropped to retail at Ksh110.60.Kerosene, on the other hand, will retail at Ksh103.54.

In Mombasa, petrol will retail at Ksh127.46, diesel at Ksh108.36 while kerosene will sell at Ksh101.29. In the case of Nakuru County, petrol will retail at Ksh129.24, diesel at Ksh120.43 and kerosene at Ksh103.39.

Initially in Nairobi, the prices were retailed at Ksh 134.72, diesel for Ksh115 and Kerosene retailed at Ksh110.2.Kenyans had expressed anger in the recent past after EPRA released fuel prices for the month of September.

The announcement saw the prices of petrol, diesel and kerosene increase by as much as Ksh7 per litre. This caused an uproar with Kenyans taking to social media to urge the government to reduce the prices.

EPRA has developed the Energy (Mini-Grid) Regulations, 2021 and is seeking consensus from players in the industry over the proposed Regulations. The Regulations support the national aspiration of realizing universal access to electricity by 2022 as envisioned in the Kenya National Electrification Strategy (KNES) launched in 2018.