Fuel Prices Remain Unchanged As Kenya Heads to Election

Fuel prices are poised to remain steady for the first time in five months as the government contributes another Ksh.16.7 billion to the fuel stabilization mechanism. This comes at a time Kenya is set to conduct the general elections in less than 25 days.

Fuel Prices Remain Unchanged As Kenya Heads to Election

The price of Super Petrol will stay at Ksh159.12 per litre, according to a statement signed by State House spokesperson Kanze Dena on Thursday, July 14.

Diesel will continue to be sold at Ksh140 per litre, while kerosene will be sold at Ksh127.94.

“It is notified that His Excellency the President has today authorized an additional fuel subsidy of Ksh16.675 billion, so as to cushion Kenyans from a further increase in fuel prices,” read the state House statement in part.

“With today’s presidential action, diesel will continue to retail at Ksh140.00, petrol at Ksh159.12 and Kerosine at Ksh127.94. Without such State interventions, the pump prices would have been Ksh193.64 for diesel, Ksh209.95 for petrol and Ksh181.13 for Kerosene.”

The President claimed that the Jubilee administration was humanitarian and would do all necessary to alleviate Kenyans' high living costs.

"As a caring government, we will continue to roll out similar actions so as to provide further direct relief to all Kenyan families and establish the necessary safeguards for protecting Kenyan consumers from further increases in the cost of living," added Uhuru.

In February 2022 the costs of super petrol, diesel and kerosene at the time were Ksh129.72, Ksh110.60 and Ksh103.54 respectively and had been set in October 2021 while in March, the government had raised the price of fuel per litre by Ksh5, making petrol Ksh134.72, diesel Ksh115.60, and kerosene Ksh103.54.

EPRA Director General Daniel Kiptoo disclosed during the April fuel price review that the regulator had increased the maximum pump price of all fossil fuels by Ksh9.90.
In May, the government announced a Ksh5.50 per litre hike for all gasoline types, claiming a subsidy of Ksh26 for super, Ksh30 for diesel, and Ksh50 for kerosene.