Moses Kuria has revealed details of a government strategy to prevent an increase in fuel prices in Kenya during the current review, despite concerns linked to tensions involving Iran.
According to Moses Kuria, the government entered a government-to-government fuel supply deal with national oil companies such as ADNOC and Saudi Aramco, allowing Kenya to secure petroleum products directly from producers.
“Our G to G is with National Oil Companies like ADNOC and Saudi Aramco, with zero chance of artificial arbitrage or supply shocks, unlike our neighbours, who are sourcing through traders like Vitol,” said Moses Kuria.
He noted that the deal reduces the risk of price manipulation and supply disruptions that can occur when countries rely on international traders.
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He highlighted that sourcing fuel directly from major national producers provides greater stability and transparency, unlike relying on international trading firms.
Moses Kuria noted that this approach limits artificial price fluctuations and supply shocks, which can sometimes affect neighboring countries.
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He argued that Kenya’s fuel pricing system is based on the previous month’s shipping costs, and any global shocks would take several weeks to affect local prices. This gives the government and consumers time to adjust.
“Firstly, our domestic supply chain is based on the M-Minus One formula, meaning the price in March is based on February shipping, which is pre-Iran war,” said Moses Kuria.
Therefore, Moses stressed that there is no reason to panic over the rise in fuel prices and reassured motorists that the current supply and pricing arrangements are designed to shield Kenyans from sudden increases in fuel costs.
EPRA Reduces Fuel Prices for the February and March Cycle
The Energy and Petroleum Regulatory Authority (EPRA) previously announced a reduction in Fuel prices in Nairobi following the latest monthly review for the period from February 15 to March 14, 2026.
According to a report shared on February 14, Super Petrol decreased by 2.69%, from Ksh76,288.03 per cubic metre in December 2025 to Ksh74,239.91 per cubic metre in January 2026.
As a result, Diesel’s landed cost decreased by 6.37%, from Ksh80,733.36 per cubic metre to Ksh75,587.29 per cubic metre, while Kerosene’s landed cost decreased by 1.44%, from Ksh78,260.16 per cubic metre to Ksh77,135.62 per cubic metre over the same period.
Also Read: Global Oil Price Rise: What Kenyans Should Expect Ahead of the EPRA Review
EPRA also noted that the new prices include the 16% Value Added Tax (VAT), in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2024, and the revised excise duty rates, adjusted for inflation.
In Nairobi, Super Petrol is sold at Ksh178.28 per litre, Diesel at Ksh166.54, and Kerosene at Ksh152.78, while in Nakuru, Super Petrol is at Ksh177.34 per litre, Diesel at Ksh165.95, and Kerosene at Ksh152.21.
Elsewhere, in Mombasa, motorists enjoy some of the lowest prices in the country, with Super Petrol retailing at Ksh175.00 per litre, Diesel at Ksh163.26, and Kerosene at Ksh149.49.
