Motorists may not be any happy after the latest surge in petrol’s pump price.
Motorists had enjoyed a 3-month long of relief on petrol costs now the energy regulatory agency owing the recent surge to the latest price changes as far as imports are concerned during the month of May.
“The changes in this month’s prices are as a result of the average landed cost of imported super petrol increasing by 31.54 percent to Ksh.26,434 per cubic centimeter in May 2020, diesel decreasing by 5.58 percent and kerosene decreasing by 51.84 percent,” a statement from the Energy and Petroleum Regulatory Authority (EPRA) reads.
A litre of petrol in Nairobi will now go at Ksh.89.10 effective midnight Monday, while diesel and kerosene will be retailed at Ksh.74.57 and Ksh.62.46 respectively.
The new petrol price has sh. 5.77 atop, with kerosene and diesel users remaining unaffected, diesel having sh. 3.80 as its price decrease.
Fuel users were since March subjected to a relief thanks to the implications caused on the oil market by the Covid-19 pandemic.