- The Energy and Petroleum Regulatory Authority (EPRA) announced that petrol, diesel, and kerosene will be priced at KSh 176.58, KSh 167.06, and KSh 151.39 in Nairobi respectively.
- EPRA observed that from January 2025 to February 2025, the average landing cost for imported premium petrol increased by 1.34%.
- The landing cost for kerosene decreased by 1.36%, dropping from $681.44 (KSh 88,212.41) per cubic meter to $672.14 (KSh 87,008.52) per cubic meter.
Japhet Ruto, who works as an editor for CDRNEWS.co.ke, boasts more than eight years of expertise in finance, business, and technology. His knowledge provides significant perspectives on economic shifts not only in Kenya but also internationally.
The Energy and Petroleum Regulatory Authority (EPRA) has declared revised fuel rates set to take effect from Saturday, March 15 through Monday, April 14.
What are the current fuel costs in Nairobi?
On Friday, March 13, the energy regulatory authority stated that the costs for petrol, diesel, and kerosene would stay the same.
In Nairobi, petrol, diesel, and kerosene will be sold at KSh 176.58, KSh 167.06, and KSh 151.39, respectively.
"EPRA Director General Daniel Kiptoo announced that we have determined the highest permissible retail prices for petroleum products effective from March 15, 2025, through April 14, 2025. These price caps comply with Section 101(y) of the Petroleum Act 2019 andLegal Notice No. 192 of 2022. However, the maximum allowed pump prices for super petrol, diesel, and kerosene will stay the same," he said.
What were the expenses for fuel upon landing?
The state agency mentioned that the prices incorporated the updated excise duty rates along with a 16% Value Added Tax (VAT), as specified in the Finance Act of 2023 and the Tax Laws (Amendment) Act of 2024.
Between January and February 2025, EPRA reported that the average landing cost for imported premium gasoline increased by 1.34%. This change brought the price up from $628.80 (KSh 81,398.16) per cubic meter to $637.22 (KSh 82,488.13) per cubic meter.
The landing cost of kerosene decreased by 1.36%, dropping from $681.44 (KSh 88,212.41) per cubic meter to $672.14 (KSh 87,008.52) over the same timeframe. In contrast, the price for diesel increased by 1.41%, rising from $617.14 (KSh 79,888.77) per cubic meter to $680.23 (KSh 88,055.77).
What does one barrel of oil cost?
EPRA stated that the nation's fuel prices were based on global expenses since Kenya brings in refined goods.
The expenses likewise vary based on the exchange rate between the Kenyan shilling and the US dollar.
As stated by the regulatory body, the price of Murban crude oil dropped from $79.06 (KSh 10,234.32) per barrel in March 2024 to $73.28 (KSh 9,486.10) in February 2025.
How Residents of Kenya Responded to Fuel Price Changes
After the decrease in international crude oil prices, Kenyans were puzzled as to why they weren’t seeing lower fuel charges at gas stations.
CDRNEWS.co.ke sampled comments below:
@AliKerre: "Prevent theft, crude oil reaches record low."
Sali Mswahili:
During the campaigns, we were assured that prices would stabilize once the fuel subsidy was eliminated. Maajabu!
Nyal Gunga:
Even though prices globally have decreased, ni sawa tu.
Kioko Eks:
"Mchezo wa town."
Metro Gunna:
You shared the pricing details ahead of schedule today because they remain unchanged.
Lee Makwiny:
Prices have dropped significantly across the globe.
Could fuel prices increase?
As reported elsewhere, EPRA conducted the Second Cost of Service Study for the Supply of Petroleum Products (COSSOP II).
The report proposed increasing the allowances provided to oil traders; however, EPRA maintained that this change would not affect the prices at the pumps.
Martin Chomba, who serves as the chairman of the Petroleum Outlets Association of Kenya (POAK), stated CDRNEWS.co.ke Consumers will remain unaffected by the EPRA's margin review.