Treasury Reveals Plan for November-December Fuel Prices as Kenyans Face Possible Hikes

Kenyans could face further pressure at fuel stations in November and December after the Energy and Petroleum Regulatory Authority (EPRA) indicated that the government was preparing for possible increases in the cost of petroleum products during the coming months.

EPRA Director General Edward Mwirigi Kinyua revealed that the authority was working with the National Treasury to assess the funds available for stabilising fuel prices amid rising international petroleum costs.

His remarks came after the regulator decided not to use money from the Petroleum Development Levy Fund to cushion consumers during the October-November fuel price review.

Why the Government Is Preparing for November and December

According to Kinyua, the decision to preserve the stabilisation fund was informed by concerns that international fuel prices could increase further in November and December.

The government wants to strengthen the available resources so that it can respond if import costs rise significantly.

Kinyua did not disclose the current balance in the fund but confirmed that EPRA was consulting the National Treasury on the resources available for possible price stabilisation.

The government had already spent KSh29.4 billion on fuel price stabilisation during the 2025/2026 financial year, including KSh24.3 billion between April and June 2026.

Current Fuel Prices Already at Elevated Levels

The concerns come as Kenyan motorists deal with higher pump prices following EPRA’s October 14 announcement.

For the period between October 15 and November 14, Super Petrol increased by KSh12.93 per litre, diesel by KSh9.90 and kerosene by KSh28.49.

In Nairobi, the maximum retail prices were set at KSh226.96 for petrol, KSh227.76 for diesel and KSh219.87 for kerosene.

Kinyua also attributed the pressure to rising international import costs, noting that September had been particularly difficult for the petroleum market.

The government’s preparations do not amount to an announcement of new November-December pump prices.

EPRA is expected to conduct its next monthly price review before the current rates expire on November 14. The resulting prices will determine what motorists pay from November 15.

For now, the key concern is whether international petroleum costs will continue rising and whether the government will have sufficient resources to cushion consumers against further increases.

The developments will be important for households, transport operators and businesses that depend heavily on petroleum products.

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