Good News For Kenyan Drivers As EPRA Slashes Fuel Prices For The Holidays
The Energy and Petroleum Regulatory Authority (EPRA) has announced a welcome price drop for Super Petrol, Diesel, and Kerosene, effective December 15th, 2023. This decrease, in line with the Petroleum Act 2019 and Legal Notice No.192 of 2022, comes just in time for the festive season.
Fill your tank for less!
- Super Petrol will cost Sh212.36 per litre, representing a Sh5 decrease.
- Diesel will see a Sh2 drop, bringing the price down to Sh201.47 per litre.
- Kerosene also enjoys a price cut, now retailing at Sh199.05 per litre, Sh4 lower than before.
Why the change?
Global oil price fluctuations and currency exchange rate adjustments influenced the revised pricing. EPRA, as the regulatory body, regularly reviews and updates fuel prices to ensure fairness and transparency in the energy market.
Benefits for everyone:
The lower fuel prices mean:
- Reduced transportation costs: This can ease pressure on household budgets and make travel more affordable, especially during the holidays when many Kenyans visit family and friends.
- Boosted economic activity: Lower fuel costs can have a ripple effect, potentially stimulating economic activity across various sectors.