By Martin Masai
PREVAILING High fuel prices will remain unchanged for the next one month, the industry regulator announced today.
A Notice by the Energy, Petroleum Regulatory Authority (EPRA) said petrol, diesel and kerosene will retail in the current prices till February 14,2022.
EPRA said the decision is in
accordance with Section 101(y) of the Petroleum Act 2019, Legal Notice No.196 of 2010 and Legal Notice No. 26 of 2012.
EPRA Kenya has calculated the maximum retail prices of petroleum products which will be in force from 15th January 2022 to 14th February 2022.
The prices are inclusive of the 8 percent Value Added Tax (VAT) in line with the provisions of the Finance Act 2018, the Tax Laws (Amendment) Act 2020 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020.
