Cooking gas prices have increased by Sh300 since March on rising international costs, narrowing the benefits that came with removal of tax on the commodity. Total Kenya, #ticker:TOTL which has the largest gas market share, is charging Sh2,290 to refill a 13-kg cylinder in Nairobi, up from 2,050 in April and below Sh2,000 where gas prices remained since last July. Cooking gas prices touched an eight-year low in March, making it one of the few bright spots more recently in an economy characterised by rising food and fuel prices that pushed inflation to a five-year high. ERCUnlike petrol, diesel and kerosene, cooking gas prices are not regulated by the Energy Regulatory Commission (ERC) and have been left to market forces. Gas prices are rising in a period that has seen diesel, kerosene and petrol have dropped.

Source: Daily Nation June 12, 2017 04:52 UTC