Kenya: EPRA May Review Fuel Prices Every 14 Days Under New Proposal

Nairobi — Rongo MP Paul Abuor has proposed amendments to the Petroleum Act 2019 he says would accelerate the reduction of fuel prices when global oil costs fall, citing persistent delays under the current pricing regime.

Addressing a press conference at Parliament Buildings on Monday, Abuor said teh country’s system reacts quickly to global price spikes but is slow to pass on relief when international prices decline.

“Fuel prices can rise rapidly during global disruptions, but when prices begin…