E.R.C Maximum Fuel Prices Feb/Mar

According to the review, the new prices – which take effect from February 15th to March 14th, 2016, Super Petrol will retail at Ksh86.50 in Nairobi, while diesel will retail at Ksh67.88 per litre in the city and its environs.Kerosene will now trade at Ksh39.62 per litre in Nairobi.

The fuel prices will take effect across the country as follows:

Retail pump prices for Mombasa will be; Super Petrol at Ksh83.20, Diesel at Ksh64.63 and Kerosene at Ksh36.94 per litre.

Retail pump prices for Kisumu will be; Super Petrol at Ksh 88.47, Diesel at Ksh 70.05 and Kerosene at Ksh 41.54 per litre.

Retail pump prices for Eldoret will be; Super Petrol at Ksh88.41, Diesel atKsh 69.98 and Kerosene at Ksh41.54 per litre.

Retail pump prices for Nakuru will be; Super Petrol at Ksh87.26, Diesel at Ksh68.84 and Kerosene at Ksh40.51 per litre.

According to ERC Director General Joseph Ng’ang’a, the new prices are as a result of the average landed cost of imported Super Petrol decreasing by 4.22 per cent from USD 518.63 per tonne in December 2015 to USD 496.74 per tonne in January 2015.

Further, the average landed cost of imported Diesel during the period decreased by 21.80 per cent from USD439.25 per tonne in December to USD343.49 per tonne in January.

The average landed cost of imported Kerosene during the same period decreased by 20.23 per cent from USD402.87 per tonne to USD321.37 per tonne.

ERC has warned oil traders against selling fuel beyond the recommended prices saying that any dealer found inflating the prices risks having their licenses withdrawn and paying a hefty fine.

Source:Citizen

Watu wa diesel mko fiti, but I cannot recall a time when the difference BTW. diesel and super was about 20

KenyaPower relying on contractors for extra MWs for the grid. Contractors use fuel (petrol) to generate the power. No brainer.

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Wacha ufala, who uses petrol to run a generator

chisos

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:smiley: :smiley: :smiley:

Who owns Kenya?

hehehe…

cartel economy

chupilee wanatuona sis ni wajinga, increasing taxes on fuel na hawaezi account for their spending.

Twendeni tuwatoe State House.

The Independent power producers use heavy fuel not petrol

Kenyans continue getting squeezed from all sides. What’s the logic behind continued use of expensive IPP’s while Kengen is already producing a surplus? It’s a rip off.

What, they do that? Jeez that would be flouting the rules, they are supposed to buy power on a least cost basis, uko na article?

It was in the Business Daily a few months ago.

People must make money. How do you think the shareholders of the IPPs will eat?

Breach of contract. We’ve signed long term (20yrs+) contracts with IPPs. Halafu ujue HEP isn’t everywhere. Far-off places like Msa, Mandera, Lamu, etc rely on diesel generators. It’s only now that we’re building a line from Ol Karia to Msa, for instance.

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The contract payments are in two parts, capacity charges and actual electricity purchases. Since these IPPs generate electricity from fossil fuels their power is more expensive and KPLC doesn’t have to buy electricity from them if there is a cheaper option e.g a dam that they can buy from. Thats why I’m shocked when someone says we are still buying from IPPs when Kengen has a surplus.