CS Wandayi Assures Fuel Stock Stability Ahead of June-July EPRA Price Review
The announcement comes amid growing public interest in fuel prices, with motorists, businesses, and transport operators eagerly awaiting EPRA’s monthly review, which will determine pump prices for the period between June 15 and July 14.
In a statement issued on Wednesday, June 10, Wandayi said the government had taken proactive measures to secure petroleum stocks through the end of July, ensuring stability in the local market despite ongoing uncertainties in global energy markets.
“Kenya has maintained a fairly stable position, with decisive steps to ensure an adequate and uninterrupted supply of petroleum products taken from time to time,” Wandayi stated.
“Fuel deliveries have already been secured through the end of July this year, thus ensuring an uninterrupted supply and shielding Kenyans from the shortages and disruptions experienced elsewhere,” he added.
The Cabinet Secretary noted that maintaining a stable fuel supply remains a top government priority, particularly at a time when many countries continue to grapple with fluctuating oil prices, geopolitical tensions, and supply chain disruptions affecting global energy markets.
According to the Ministry of Energy and Petroleum, strategic planning and coordination with importers have helped Kenya maintain consistent petroleum inventories, reducing the risk of shortages that could trigger price spikes or disrupt economic activities.
The assurance comes just days before EPRA announces new fuel prices, a decision that is expected to have a significant impact on transportation costs, manufacturing expenses, and household budgets across the country.
In a development likely to be welcomed by consumers, Wandayi indicated that diesel prices are expected to decline during the upcoming review cycle.
The anticipated reduction follows commitments made by President William Ruto to public transport operators and other stakeholders after concerns were raised over the high cost of fuel and its impact on the economy.
“In line with the commitment made by His Excellency the President to the public transport sector and other industry players, the government will ensure further reduction in diesel prices in the next monthly review,” Wandayi said.
Following discussions with industry players, President Ruto announced that the government would support measures aimed at reducing diesel prices by at least Ksh10 per litre during the subsequent pricing cycle.
However, it remains unclear whether the upcoming review will implement only the previously announced Ksh10 reduction or introduce a larger adjustment depending on prevailing market conditions.
As a result, any reduction in diesel prices is expected to ease transportation costs and potentially lower the prices of goods and services in the long term.
The government has also pointed to recent developments in the international oil market, including easing crude oil prices and a relatively stable Kenyan shilling, as factors that could support favorable pricing adjustments.
Economic observers argue that stable fuel supplies combined with lower pump prices would provide much-needed relief to businesses and households facing elevated living costs.
For transport operators, manufacturers, and ordinary consumers, the upcoming EPRA review is expected to be one of the most closely watched announcements of the month.
“Our focus remains ensuring fuel availability, market stability, and affordable energy for all Kenyans,” Wandayi emphasized.
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CS Wandayi Assures Fuel Stock Stability Ahead of June-July EPRA Price Review
