Diesel consumers have missed out on a potential Ksh14 per litre price cut after the government redirected part of the relief to cushion petrol users.
Under the latest fuel price review effective August 15 to September 14, diesel prices in Nairobi fell by Ksh5 to Ksh217.86 per litre, while petrol remained at Ksh214.03 and kerosene at Ksh191.38.
Without the cross-subsidy, diesel prices could have dropped by Ksh19.28 to Ksh203.58 per litre, based on lower global and landed costs.
EPRA said Ksh938 million in additional government stabilisation support helped keep petrol and kerosene prices unchanged. The government opted for the cross-subsidy after its fuel stabilisation kitty was nearly depleted following heavy subsidies earlier this year amid global supply disruptions
EPRA said Ksh938 million in additional government stabilisation support helped keep petrol and kerosene prices unchanged. The government opted for the cross-subsidy after its fuel stabilisation kitty was nearly depleted following heavy subsidies earlier this year amid global supply disruptions
