EPRA Announces Fuel Prices For Up To April

In the last monthly review, the prices of Super Petrol, Diesel, and Kerosene stood at Ksh176.58, Ksh167.06, and Ksh151.39, respectively

EPRA Announces Fuel Prices For Up To April
A photo of petrol pumps. /FILE

The Energy and Petroleum Regulatory Authority (EPRA) has announced the prices of Super Petrol, Diesel, and Kerosene fuel products for the upcoming month, set to take effect at midnight tonight.

The prices of the fuel products will remain unchanged for the second consecutive month. In the last monthly review, the prices of Super Petrol, Diesel, and Kerosene stood at Ksh176.58, Ksh167.06, and Ksh151.39, respectively, and is set to be the case for this month, beginning Saturday, March 15, to Monday, April 14.

"In accordance with Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022, we have calculated the maximum retail prices of petroleum products which will be in force from 15th  March 2025 to 14th  April 2025," EPRA announced on Friday, March 14.

"In the period under review, the maximum allowed petroleum pump prices for Super Petrol, Diesel and Kerosene remain unchanged."

Fuel watch: New fuel prices as announced by EPRA on March 14, 2025

As per EPRA, fuel prices include the 16 percent Value-Added Tax (VAT) in accordance with the Finance Act 2023 and the Tax Laws (Amendment) Act 2024.

Additionally, the regulator reported that the average landed cost of imported Super Petrol rose by 1.34%, increasing from Ksh 81,398.16 per cubic metre in January 2025 to Ksh 82,488.13 per cubic metre in February 2025.

Likewise, the average landed cost of diesel went up by 1.41%, from Ksh86,879.07 to Ksh88,107.55 per cubic metre, while kerosene dropped by 1.36%, declining from Ksh88,212.41 to Ksh87,008.52 per cubic metre during the same period.

"Currently, Kenya imports all its petroleum product requirements in refined form and the products are traded in international markets based on a pricing benchmark," EPRA noted.

"Further, the trade of petroleum products in the international markets is denominated in United States Dollars, and an exchange rate is applied to convert the dollars to shillings during the computation of local pump prices."

The latest news comes as a relief for motorists and Kenyans as a whole. Usually, the change in fuel prices is a ripple effect, with any increase in fuel prices triggering possible increases in the cost of matatu fares, food, transportation and power generation operational costs, which include the transportation and logistics sectors, which are vital for the distribution of goods across the country.

Earlier reports had indicated that Kenyan motorists could soon pay more in terms of the cost of fuel after EPRA announced plans to introduce additional charges on pump prices.

This adjustment aims to cover the rising costs incurred by oil marketing companies and fuel transporters in the country. According to the regulator, the decision is based on findings and recommendations from the second Cost of Service Study for the petroleum sector.

The energy regulator revealed that these charges will ensure that fuel prices accurately reflect supply chain expenses. "It is important that we reflect the market realities of today in the price-regulated environment,” said EPRA Director General Daniel Kiptoo.

“Government usually has medium-term plans, so again, because a lot of fundamental issues in the economy may change, that’s why it’s important to review after every five years," EPRA Director of Economic Regulations, Dr. John Mutua, weighed in.

The 14-month study, which concluded in February this year, has received approval from policymakers and EPRA's board of directors.

Once implemented, the new measures will lead to an increase in the prices of super petrol, diesel, and kerosene. For example, the price of Super Petrol is set to rise by Ksh7.80 per liter, with the additional funds directed toward oil marketing companies and fuel transporters in the country.

An AI-generated image of a petrol station. /CHATGPT.COM