Why you are paying more for that cooking gas

Gas cylinders on display at Kawangware on January 15, 2023.

Photo credit: File | Nation Media Group

A new study has revealed how a lack of competition in Kenya’s importation of liquefied petroleum gas (LPG) has been costing consumers heavily, with wholesale prices estimated to be about 74 percent higher than they would be if the product was being imported competitively.

The detailed report was presented to the Energy and Petroleum Regulatory Authority (Epra) by two consultants it hired to conduct a study on the cost of service for the LPG and is expected to be a crucial basis for policy review in the way Kenya imports the clean cooking fuel.

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