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Kenya’s fuel price subsidy programme, in which
the EPRA announces the national prices of gas-
oline, diesel and kerosene for the next 30 days,
is set to continue.
Juma said the Petroleum Ministry had
received KES14.5bn ($125.6mn) for petroleum
price stabilisation from the National Treasury,
claiming some firms hoarded fuel to make huge
profits after EPRA price reviews.
She was speaking shortly after the energy
regulator hiked retail prices of gasoline, diesel
and kerosene but continued to implement the
petroleum development levy (PDL) to cushion
consumers from otherwise high prices.
The EPRA said the retail price of fuels would
be set at the subsidised rate of KES144.62
($1.24), KES125.50 ($1.08) and KES113.44 Juma addresses reporters in Nairobi on April 14 (Photo: Twitter/@AmbMonicaJuma)
($0.97) per litre respectively until May 14.
Fuel sellers will be compensated KES29.08 20.47% from $676.40 per cubic metre in Feb-
($0.25) per litre of gasoline, KES40.24 ($0.35) ruary to $814.85 last month. The landed cost of
per litre of diesel and KES26.45 ($0.23) of ker- diesel increased 24.70% from $677.31 per cubic
osene in Nairobi. metre to $844.57, and kerosene by 11.84%, from
The EPRA said in press release posted to $619.57 per cubic metre to $692.95.
Twitter that international fuel prices would “The purpose of petroleum pricing regula-
dictate that consumers should pay KES177.70 tions is to cap retail prices of petroleum prod-
($1.53) per litre of gasoline, KES165.74 ($1.42) ucts [that] are already in the country so that
per litre of diesel and KES139.89 ($1.20) per litre importation and other prudently incurred costs
of kerosene. are recovered while ensuring reasonable prices
The EPRA’s tabulation shows the average to consumers,” EPRA director-general Daniel
landed cost of imported gasoline increased by Kiptoo said. ™

Malawi fuel transporters demand

larger share of business from NOCMA

MALAWI THE National Oil Company of Malawi
(NOCMA) has come under renewed pressure
from local liquid fuels transporters who accuse
the parastatal of favouring foreign truckers in
transporting the commodity into the land-
locked southern African country.
This, they told legislators at a meeting on
Saturday (April 16) in Blantyre, the commercial
capital, is rendering them jobless, The Nyasa
Times reported on April 18.
Parliamentary committee chairperson
Welani Chilenga said the transporters also com-
plained about his team’s proposal for NOCMA
to import 90% of fuel into the country. His com-
mittee plans to meet all concerned but urged the
local transporters to abandon an injunction they
obtained against NOCMA and the committee State-owned NOCMA has been accused of favouritism before (Photo: NOCMA)
over the 90% threshold.
The Times, reporting on the same meeting transporters have a fleet of about 790 trucks but
on the same day, said despite a shortage of for- only a small number of them are being utilised.
eign currency, the southern African country is “There are 790 tankers that are owned by
paying Tanzanian truckers $42mn to ship fuel Malawians that are ready and available for fuel
into the country. haulage from ports of Dar es Salaam in Tanzania
A local transporter, Aslam Gaffar, said local and Beira in Mozambique,” he said.

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