Regulator explains new costly petrol pump tariff

Energy Regulatory Commission acting director-general Pavel Oimeke. FILE PHOTO | NMG

The Energy Regulatory Commission (ERC) has justified the inclusion of a cost factor in petrol prices tied to density of imported cargo, saying it has enabled Kenya to buy from different sources and enjoy competitive prices.

This came after the ERC said that consumers would pay an additional Sh0.42 per litre of petrol to compensate oil marketers for losses that come with converting imported super petrol from metric tonnes to litres.

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