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    Khusoko – East African Markets
    MARKETS

    Petrol, Diesel, Kerosene Prices See Sharp Increase in November Review

    KhusokoBy Khusoko2019-11-15No Comments2 Mins Read
    Total Kenya Plc on Thursday reported a 30 per cent growth in consolidated profit after tax (PAT) of Kshs 3,297 million in 2020 compared to Ksh 2,535 million posted the previous year.
    Webuye Total Petrol Station

    Higher landing costs of fuel in September has resulted in an increase in the price of petrol, diesel, and kerosene in the new review by Energy and Petroleum Regulatory Authority (EPRA).

    The authority raised prices of petrol, diesel and kerosene by KSh2.54, KSh2.65 and KSh2.98 per litre respectively. 

    In a statement, it says the changes in this month’s prices are a consequence of the average landed cost of imported Super Petrol increasing by 0.86 per cent from $459.27 per cubic metre in September 2019 to $463.24 per cubic metre in October. Diesel increased by 2.08 per cent from $491.94 per cubic metre to $502.15 per cubic metre and Kerosene increasing by 2.73 per cent from $486.55 per cubic metre to $499.85 per cubic metre.

    In Nairobi, Super Petrol will retail at KSh110.59, Diesel and Kerosene will retail at KSh104.61 and KSh104.06 respectively.

    In Mombasa Super Petrol, Diesel and Kerosene will retail at KSh108.53, KSh102.56 and KSh102.02 respectively. 

    In Kisumu Super Petrol, Diesel and Kerosene will retail at Sh110.98, KSh105.20 and KSh104.67 respectively.

    “The prices are inclusive of an eight percent Value Added Tax(VAT) while the computation has factored the revised Import Declaration Fee of 3.5 percent and the Railway Development Lev of two percent. The revised pipeline tariffs has resulted in a KSh0.50 per litre saving in the overall price,” said the statement.

    3 Diesel Fuel Kerosene Super Petrol Value Added Tax
    Khusoko

    Multimedia platform providing analysis of business & financial news in East Africa.

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