Maximum Retail Pump Prices in Kenya 15th January to 14th February 2015
Source: Energy Regulatory Commission
HIGHLIGHTS
- Average landing cost of imported Super Petrol decreased by 17.34 from $841.22 (Nov 2014) to $695.38 per ton in December 2014
- Average landing cost of imported Diesel decreased by 14.37% from $748.73 (Nov 2014) to $641.17 per ton in December 2014
- Average landing cost of imported Kerosene decreased by 8.53% from $783.54 (Nov 2014) to $716.68 per ton in December 2014
- Free on board (FOB) price of Murban crude oil decreased by 21.23% from $77.00 (Nov 2014) to $60.65 per barrel in December 2014
- The mean monthly US Dollar to Kenyan Shilling exchange rate weakened by 0.61% from Kes 90.04per US$ (Nov 2014) to Kes 90.59 per US$ in December 2014
ERC can do better than this. whats more annoying is the fact that no concrete reason is given for their niggling adjustment to pump prices despite the slump in cost of crude oil. Samuel is the refinery at changamwe still functioning…may be you can do an article on it