The Energy and Petroleum Regulatory Authority revised its
imported fuel cost calculation, so all fuel arriving in a month now uses the
previous month's average price.
This shift, explained by acting Director-General Joseph Oketch as
promoting consistency, delays pass-through of May's 20 percent Brent crude drop
from importers' cargoes.
Critics say it favors oil firms with billions in gains, amid
current Nairobi prices like diesel at 232.86 shillings per litre and President
Ruto's recent promise of further cuts.
