NAIROBI (Xinhua) --
Kenya’s energy industry regulator on Friday
increased retail pump prices for super petrol and diesel while
it reduces kerosene by different price margins in the latest
review for June to mid-July.
Robert Pavel Oimeke,
director-general of Energy and Petroleum Regulatory Authority (EPRA),
said the prices of super petrol which is mostly consumed by
private vehicles, increased to 3.07 shillings to 1.15 U.S.
dollars per litre, diesel used to power commercial vehicles rose
by 0.39 shillings to 1.05 dollars while kerosene mainly used by
poor homes for lighting and cooking, dropped by 0.34 shillings
to 1.04 dollars.
"The changes in this month’s prices have been as a
consequence of the average landed cost of imported super petrol
increasing by 4.54 percent from 514.72 dollars per cubic metre
in April to 538.08 dollars per cubic meter in May," Oimeke said
in a statement issued in Nairobi.
He said the average landed cost of diesel increased by 0.52
percent from 533.07 dollars per cubic meter to 535.84 dollars
per cubic meter and kerosene decreased by 0.43 percent from
535.17 dollars per cubic meter to 532.89 dollars per cubic
The Free On Board (FOB) price of Murban crude oil lifted in
May was posted 72.35 dollars per barrel, a decrease of 0.96
percent from 73.05 dollars per barrel in April.
Fuel prices have a significant impact on inflation in an
economy which depends heavily on diesel for transport, power
generation and agriculture, while kerosene is used in many
households for lighting and cooking.