The Energy and Petroleum Regulatory Authority has reduced the maximum retail price of diesel by Sh5 per litre, offering relief to motorists and businesses amid elevated fuel costs.
In its latest monthly review released on Friday, EPRA said the prices of super petrol and kerosene would remain unchanged following additional government stabilisation support amounting to Sh938 million.
The new prices will apply from August 15 to September 14, 2026.
“In the period under review, the maximum allowed petroleum pump prices for diesel decrease by Sh5 per litre, while the prices of super petrol and kerosene remain unchanged due to additional Government Stabilisation Support Measures of Sh938 million,” EPRA said.
The regulator calculated the new maximum retail prices in accordance with Section 101(y) of the Petroleum Act, 2019, and Legal Notice No. 192 of 2022.
EPRA attributed the diesel reduction to a decline in the average landed cost of the imported product, which fell by 13.08 per cent from $984.37 per cubic metre in June to $855.59 in July.
The landed cost of kerosene also declined by 11.01 per cent, from $1,028.17 per cubic metre to $915.01 over the same period.
However, the average landed cost of imported super petrol increased by 6.99 per cent to $948.92 per cubic metre in July.
Kenya imports all its petroleum products in refined form, exposing domestic pump prices to changes in international oil markets and movements in the exchange rate.
EPRA said the exchange rate used in calculating local prices stood at Sh129.74 to the United States dollar in July, compared with Sh129.72 in June.
According to the regulator, the new pump prices include Value Added Tax and applicable excise duties under the country’s tax laws.
The petroleum pricing regulations are intended to cap retail prices while allowing oil marketers to recover importation and other prudently incurred costs.
EPRA Acting Director-General Joseph Oketch assured consumers and investors that the authority remained committed to fair competition and the protection of their interests in the energy and petroleum sectors.
