How the ERC and KPC are playing mind games with Kenyans

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Barely few hours after Kenyans celebrated a possible drop in the cost of fuel as promised by the Kenya Pipeline Company (KPC), the Energy Regulatory Commission (ERC) has already come to rain on our parade.

The  Energy Regulatory Commission has today announced an increase in the prices of petroleum products a move that will force Kenyans to gig deeper into their pockets for fuel and bus fare.

 

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In a statement by the ERC, super petrol will now go up by Ksh. 2.38, diesel by Ksh. 3.11 and kerosene by Ksh. 2.99 per litre; all inclusive of the 8% Value Added Tax (V.A.T) as provided by the Finance Act 2018.

This means Super petrol will now retail at Ksh. 118.11, Diesel Ksh.112.83 and Kerosene Ksh.111.83 in Nairobi. Mandera residents will now be the highest affected with super petrol going at Ksh. 130.97, diesel retailing at Ksh. 125.69 and kerosene at Ksh. 124.68 followed closely by Wajir county where super petrol will retail at Ksh. 125.79, diesel at Ksh. 120.52 and Ksh. 119.51 for kerosene.

 

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According to the ERC Director General, Pavel Oimeke, the changes in this month’s prices are as a result of the average landed cost of the imported Super Petrol increasing by 4.02% from US$729.04 per ton in September 2018 to US$ 758.34 per ton in October 2018.

“Diesel increasing by 5.84% from US$ 700.41 per ton to US$ 741.33 per ton and Kerosene increasing by 5.80% from US$ 721.64 per ton to US$ 763.47 per ton,” he said in a statement.

However, the new rise in the price of fuel comes as a confusion for Kenyans because, it was just this morning when the Kenya Pipeline Company (KPC)  announced that Kenyans would soon start enjoying lower prices of petroleum products after a drastic reduction in its storage costs.

According to KPC, it’s now only a matter of time before the benefits of the four storage tanks at the Nairobi depot start trickling down to taxpayers.

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Below are the new petroleum prices for other major Kenyan cities and towns:

Mombasa – Super petrol (Ksh.115.48), Diesel (Ksh. 110.21), Kerosene (Ksh.109.20)

Nairobi – Super petrol (Ksh.118.11), Diesel (Ksh.112.83), Kerosene (Ksh.111.83)

Nakuru – Super petrol (Ksh.115.57), Diesel (Ksh. 113.51), Kerosene (Ksh.112.50)

Eldoret – Super petrol (Ksh.119.57), Diesel (Ksh.114.50), Kerosene (Ksh.113.50)

Kisumu – Super petrol (Ksh.119.56), Diesel (Ksh.114.50), Kerosene (Ksh.113.49)

Machakos – Super petrol (Ksh.118.24), Diesel (Ksh.112.97), Kerosene (Ksh.111.96)

Naivasha – Super petrol (Ksh.118.89), Diesel (Ksh.113.84), Kerosene (Ksh.112.82)

 

With the mixed signals from the Kenya Pipeline Company and the Energy Regulatory Commission, the question is, who’s fooling who?

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