Costly fuel looms as Epra raises oil dealer tariffs by Sh7.80 a litre

tankers

Trucks transporting fuel wait for their turn to be transshipped across Likoni ferry channel to mainland Likoni. 

Photo credit: File | Nation Media Group

Motorists will pay an extra Sh7.80 per litre of petrol as the energy regulator revises upwards the margins offered to oil marketers, triggering fears that the review could fuel inflation.

The Energy and Petroleum Regulatory Authority (Epra) on Wednesday said it plans to increase fuel retailers’ margins by Sh4.59 and the finance surcharge by Sh0.69 per litre, making oil marketers the biggest beneficiaries of the price review.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.