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Saturday, February 24, 2024

Cooking Gasoline Costs Improve Regardless of Gasoline Drop

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Kenyans in choose areas must fork out Ksh300 extra to refill their Liquefied Petroleum Gasoline (LPG) cylinders following a rise in costs up to now weeks.

A spot verify byKenyans.co.ke exhibits that the worth of a 6kg fuel cylinder rose from Ksh1,200 in September 2023 to round Ksh1,400 in January 2024 whereas a 13 kg cylinder which retailed at Ksh2,400 final 12 months is now going for Ksh2,900.

As of January 17, 2024, the worth of a 6 kg cylinder was retailing at Ksh1,250 whereas a 13 kg cylinder went for Ksh2,500 in areas alongside Thika Street.Â

In Uthiru, the costs are comparatively increased, with customers parting with Ksh1,300 for a 6kg cylinder and Ksh2,800 for a 13 kg cylinder. For some manufacturers, the worth goes as excessive as Ksh2,900.Â

File photograph of Gasoline Cylinders on show at an outlet in Nairobi Metropolis

Picture

EPRA

In Embakasi, retailers have hiked the costs of a 6kg cylinder to a median of Ksh1,380 whereas a 13 kg cylinder sells at Ksh3,160.Â

Residents who reside in Ruaka must pay at a comparatively decrease fee, with a 6 kg cylinder going for Ksh2,150 whereas a 13 kg cylinder retails at Ksh2,700.Â

A Kitengela-based resident who spoke toKenyans.co.ke revealed that he paid Ksh3,050 for a 13 kg cylinder.

“I refilled the fuel a day earlier than the Power and Petroleum Regulatory Authority (EPRA) introduced the brand new gasoline costs,†the resident defined.Â

One other spot-check confirmed a gradual improve in fuel costs, with the costs of a 13 kg cylinder growing from Ksh2,300 in August to Ksh2,400 in September, Ksh 2,500 in October and Ksh2,700 by the top of December 2023.

However, a 6 kg cylinder beforehand retailed at Ksh1,050 in August and steadily elevated to Ksh1,450 by December.Â

A rise in cooking fuel costs places stress on households which can be already struggling to make ends meet.Â

Observers have since raised questions over the regular improve in LPG costs regardless of gasoline costs recording a lower within the final two months.

Up to now two months, EPRA has lowered gasoline costs, after a number of months of costs remaining excessive.

In December 2023, the costs for petrol, diesel and kerosene decreased by Ksh5, Ksh2 and Ksh4.01 to retail at Ksh212.36, Ksh201.47 and Ksh199.05 per litre respectively.Â

A month later, the costs of Tremendous Petrol, Diesel and Kerosene decreased by Ksh5, Ksh5 and Ksh4.82 respectively.Â

Presently, they retail at Ksh207.36, Diesel at Ksh196.47, and Kerosene at Ksh194.23 in Nairobi.Â

In October 2023, the Cupboardproposed the elimination of all taxes on LPG to make the commodity extra inexpensive..Â

This was after the eight per cent Worth Added Tax (VAT) was scrapped within the Finance Act 2023, a transfer consistent with the nation’s intentions to transition in direction of utilizing inexperienced power.

An individual fueling a car.

Picture

Kenyan wallstreet



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