Fuel Prices Kenya
Part of: GIZ International Fuel Price database
Also see: Kenya Energy Situation
Fuel Pricing Policies
| Local Currency: | KES |
| Exchange Rate: | 76.4415
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| Last Update: |
"Pricing policy: Kenya deregulated its oil industry in 1994. After concerns about over-charging by oil companies had been voiced in several quarters, government in Dec 2010 began setting maximum retail prices by location every month for gasoline, diesel, and kerosene. Price calculations are based on volumes and costs in the previous three months. Government removed the VAT on LPG in 2005. In Apr 2011, government cut diesel and kerosene taxes by 20% and 30%, respectively, and in May 2011 eliminated all taxes and levies on kerosene (as well as maize and wheat). Kerosene was nearly 20% cheaper than diesel in Jan 2013. The price difference between kerosene and diesel, and the tax difference between products destined for the domestic market and those for export, are two drivers of commercial malpractice.
Information: The Energy Regulatory Commission posts landed costs of crude oil, gasoline, diesel, and kerosene, and maximum pump prices allowed in 70 towns on its Web site every month. The Petroleum Institute of East Africa also posts industry statistics and price and tax data, including statistics on the results of fuel marking―kerosene marker and export marker―and tracing tests. The results from 2012 found that independents were more likely to be in violation than integrated companies."
(Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)
Fuel Prices and Trends
| Gasoline 95 Octane | Diesel | |
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* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil
Fuel Price Composition
Price composition.
No information available.
(http://www.petrol.co.ke/ was obviously installed to provide a lot of information concerning fuel prices. However, no information could be actually found due to unknown technical problems with that website.)
At a Glance
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Websites offline or no information available due to technical problems.
Sources to the Public
| Type of Information | Web-Link / Source |
|---|---|
| Other Information | http://www.petrol.co.ke/ (No information available due to technical problems) |
| Other Information | http://www.nation.co.ke/business/news/Ignore-fuel-shortage-rumour-says-ministry/-/1006/1012184/-/oia27w/-/index.html (A1) |
| Other Information | http://www.nation.co.ke/business/news/Drain-out-dirty-fuel-or-go-ministry-tells-Gapco/-/1006/1012110/-/jntdnk/-/index.html (A2) |
| Other Information | http://www.bloomberg.com/news/2010-11-24/kenya-s-energy-ministry-is-exploring-ways-to-reduce-gasoline-pump-prices.html (A3) |
| Other Information | http://www.nation.co.ke/business/news/Hope-for-motorists-as-ministry-publishes-rules-on-fuel-pricing-/-/1006/1067512/-/mm6u31/-/index.html (A4) |
Contact
Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices
