More woe for beaten Kenyan motorists
14 May 2015, 16:36
Nairobi - It has been a chastening week for Kenyan motorists; massive traffic snarl-ups, lack of fuel and now the announcement that fuel pump prices will rise.
The Energy Regulatory Commision ERC announced Thursday that pump prices would rise for the month of May following increased costs of doing business thank to a weaker shilling.
" Taking into account the weighted average cost of imported refined petroleum products, the overall result is that the maximum allowed price of Diesel increases by KES 1.86 per litre, that of Kerosene increases by KES 2.03 per litre, while that of Super Petrol increases by KES 3.54 per litre, the ERC said in a press statement.
The changes take effect midnight 15 May 2015.
The average landed cost of imported Diesel increased by 2.68% from US$ 566.29 per ton in March 2015 to US$ 581.49 per ton in April 2015.
Over the same period, the average landed cost of imported Kerosene increased by 3.11% from US$ 594.75 per ton in March 2015 to US$ 613.22 per ton in April 2015, while the average landed cost of imported Super Petrol increased by 5.17% from US$ 636.26 per ton in March 2015 to US$ 669.15 per ton in April 2015, the ERC explained.
The changes will end a thoroughly poor week for drivers who have suffered from increased traffic thanks to flooding in many parts of the country as well as a fuel shortage that had frustrated drivers.
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