Saturday, September 14, 2013

Kenyans to pay more in new pump price review


An attendant fuels a car at a petrol station. Fuel prices have increased in the latest review by the regulator on higher import cost and a weaker shilling against the dollar. Photo/FILE
An attendant fuels a car at a petrol station. Fuel prices have increased in the latest review by the regulator on higher import cost and a weaker shilling against the dollar. Photo/FILE  Nation Media Group
By BD Reporter

Fuel prices have increased in the latest review by the regulator on higher import cost and a weaker shilling against the dollar.

The Energy Regulatory Commission (ERC) has directed that the price of super petrol be increased by Sh1.62 per litre to Sh113.88, that of diesel by Sh1.11 per litre to Sh105.55 and kerosene by Sh1.63 to Sh85.56 in Nairobi.

The new prices take effect from Saturday midnight. This is the third time in the last five months the ERC has raised fuel prices.
“Our review emanates from key drivers such as landing cost,” Frederick Nyang, the director Economic Regulation said Saturday at a press briefing at ERC offices in Nairob

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