Agony for city motorists as regulator increases price of petrol
The month of January, traditionally a tough month, is about to get even tougher for city motorists after the Energy Regulatory Commission (ERC) increased the price of petrol.
In its latest price review announced on Saturday, the regulator inceased the price of petrol by Sh1.81 per litre.
Petrol will now cost Sh96.01 per litre in Nairobi up from Sh94.2.
The regulator however reduced the prices of diesel and kerosene by Sh2.99 and Sh0.12 respectively.
Diesel will now be sold in Nairobi at Sh84.23, while kerosene will be sold at Sh63.44.
The new prices take effect from January 15 to February 14, 2017.
The changes are caused by December’s increase in the landing cost for petrol and a corresponding reduction for diesel and kerosene.