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Fuel prices remain unchanged as State releases Sh16b subsidy

Petrol will now retail at Sh159.12, Kerosine at Sh127.9 4 and diesel retail at Sh140.00.

In Summary

•Without the subsidy prices would have increased to Sh193.64 for diesel, sh209.95 for petrol and Sh 181.13 for Kerosene.

An attendant fuelling a car.
An attendant fuelling a car.
Image: FILE

Fuel prices will remain unchanged until August 14, the Energy and Petroleum Regulatory Authority (EPRA) announced on Thursday.

EPRA said the government had released a Sh16.675 billion subsidy to further cushion Kenyans from the high fuel prices.

Petrol will now retail at Sh159.12, Kerosine at Sh127.9 4 and diesel retail at Sh140.00.

Without the subsidy prices would have increased to Sh193.64 for diesel, sh209.95 for petrol and Sh 181.13 for Kerosene.

Last month,  EPRA announced a hike in fuel prices by Sh9 per litre.

The price change were effective from June 15 to July 14, 2022.

The Authority said the government will use the Petroleum Development Levy (PDL) to cushion customers from the high prices.

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