The state says it has released over Sh6 billion to oil marketers for last month’s pump prize stabilisation ahead of today’s monthly review of fuel prices.

According to marketers, the price of super petrol is likely to shoot up by an extra Sh16 per litre and Sh60 per litre for diesel in today’s review when factoring the cost incurred by importers unless the state intervenes with another subsidy to cushion motorists.

If the state invokes the subsidy, motorists will be spared the pain at the pump of super petrol at about Sh223 per litre and diesel at Sh266 per litre.

Yesterday, the Energy & Petroleum Regulatory Authority (EPRA) wrote to the ministry providing a breakdown on how the subsidy will be shared among oil marketers and three importers under the Government to Government (G-to-G) arrangement.

“The EPRA has tabulated the volume of petroleum products that was factored in the computation of pump prices for the period 15th April 2026 – 14th May, 2026,” EPRA’s letter dated May 13 addressed to Energy and Petroleum CS Opiyo Wandayi reads.

The energy regulator says in the cycle under review, the price of Super Petrol, (PMS), Diesel (AGO) and Illuminating Kerosene (IK) was subsidized by Sh4.68/litre, Sh23.92/litre and Sh96.56/litre respectively.

“The total amount to be paid on account of Super Petrol, Diesel and Illuminating Kerosene is Sh951,269,165.19, Sh4,872,976,211.54 and Sh199,738,222.40 respectively,” EPRA Acting Director General Dr. (Eng.) Joseph Oketch states.

Eng. Oketch’s letter to Wandayi adds; “In addition, EPRA has provided a breakdown of the amounts due to each Importer and each Oil Marketing Company for purposes of stabilization of pump prices for Super Petrol (PMS), Diesel (AGO) and Illuminating Kerosene (IK) for the 15th April 2026 – 14th May 2026 pricing cycle.”

The letter comes at a time when oil dealers were complaining of the delay by the state to reimburse them with just a day to the fresh review.

According to EPRA’s breakdown, Be Energy Ltd is owed Sh1,863,346,519.84 while Gulf Energy is owed Sh1,883,666,369.29 as One Petroleum Ltd takes Sh2,295,487,536.16 to make it Sh6,042,500,425.29 for the three importers.

When further broken down on what is due to oil marketers, Vivo Energies and Total Energies took the lion’s share of Sh1,474,675,039.02 and Sh737,575,424.40 respectively.

Rubis Energy received Sh534,756,904.50, Galana Energies Sh328,977,261.27, OLA Sh223,268,906.82, Dalbit Sh176,969,581.11, Petro Sh165,898,861.39, Vitalac International Sh149,953,749.54, Lake Oil Sh129,124,187.33, Hass Petroleum Sh124,634,507.33, One Petroleum Sh123,114,641.30, Tosha Sh104,261,971.06 and Be Energy Sh100,744,617.70.

Other major earners include Oryx Energies at Sh98,354,965.1, Kengas at Sh92,825,165.48, Aftah Petroleum at Sh90,091,305.45, Stabex International at Sh87,951,902.08, Fossil at Sh84,679,496.59, Gapco at Sh81,639,331.63, Astrol at Sh78,826,184.65, Luqman at Sh61,116,417.65 and Gulf Energy Holdings at Sh54,677,949.13