Pump Prices for the period 15 October to 14 November 2017

14th October 2017
NEW PUMP PRICES FOR THE PERIOD 15TH OCT – 14TH NOV 2017

As required by the Petroleum Pricing Regulations of 2010, the Energy Regulatory Commission today published the schedule of prices for Super Petrol, Diesel and Kerosene for the period 15th October 2017 to 14th November 2017.

We are keen to ensure that Kenyan consumers are shielded as much as possible from increases in the price of fuel which, in turn, have a significant impact on the overall cost of living.

Today’s review took into account changes in the weighted average cost of imported petroleum products arriving at the Port of Mombasa between October and November.

It should be noted that the retail price of petroleum products consists of the landed cost of the product, storage and distribution costs, oil marketing company margins, taxes and levies. The only cost component that changed this time was the landed cost.

Taking into account the weighted average cost of imported refined petroleum products, the changes in the maximum allowed petroleum pump prices in Nairobi are as follows: Super Petrol increases by KShs. 3.37, Diesel increases by KShs. 1.85 while Kerosene increases by KShs. 1.82 per litre.

The changes in this month’s prices have been as a consequence of the average landed cost of imported Super Petrol increasing by 7.42% from US$ 560.40 per ton in August 2017 to US$ 601.97 per ton in September 2017; Diesel increasing by 6.13% from US$ 479.21 per ton to US$ 508.56 per ton and Kerosene increasing by 4.76% from US$ 494.02 per ton to US$ 517.54 per ton. The changes in the landed costs are summarized in the table below:

The full list of pump prices for all Kenyan towns  Public Notice October_2017.