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Friday, March 4, 2022 –Liquefied Petroleum gas prices has drastically shot up with even a more increase expected to affect all fuel-related products in the near future.
In the current circumstances, gas products are expected to shoot up by 15 percent, what will push the 6kg cylinder upto 1,500 from sh 1,400 while the 13kg cylinder which has been going at sh 3,000 will now be refilled at sh 3,300.
The explanation for the increase has been attributed to the 20 percent increase in freight charges added to 16 percent VAT sting which was introduced in 2021 to date.
Also the reason for the price increase is linked to the ongoing Russia-Ukraine war where gas and fertilizer are heavily produced and supplied worldwide.
Moreover, diesel prices by February this year would have shot to 133.89 per liter according to Energy and Petroleum Regulatory Authority (Epra), had it not been for the subsidy which was introduced by government.
The subsidy programme also cut the prices of kerosene and super petrol costs by sh 15.88 and sh 14.53 respectively.
