Kenyans will have to dig deep into their pockets for the cooking gas (LPG) in the coming days, as rising taxation, freight, and landed expenses.
Prices are expected to rise by at least 15%, raising the cost of refilling a 6kg cylinder to Ksh1,500 from the current Ksh1,400.
The cost of refilling a 13kg cylinder will cost Ksh.3,300 from the present Ksh.3,000.
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Freight charges climbed by 20% in February, adding to the 16% VAT sting that will be reinstated in July 2021.
The government has relied on a subsidy program to keep Kerosene, Petrol, and Diesel costs low.
According to the Energy and Petroleum Regulatory Authority (EPRA), if the subsidy had not been in place, the price of a liter of diesel in Nairobi would have risen to a record high of Ksh133.89 a liter in February.
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Kerosene and super fuel prices were also reduced by Ksh15.88 and Ksh14.53, respectively, as part of the subsidy program.
On the global front, Brent futures slid $2.47, or 2.2 percent, to $110.46 a barrel on Thursday, while West Texas Intermediate (WTI) crude fell $2.93, or 2.6 percent, to $107.67.
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