LPG retailers warned against hiking prices amid financial strain caused by coronavirus

LPG retailers warned against hiking prices amid financial strain caused by coronavirus
/COURTESY

NAIROBI, Kenya, Mar 25 – The Energy and Petroleum Regulatory Authority has warned that it will revoke licenses of traders found to have hiked Liquefied Petroleum Gas prices as Kenya battles with Covid-19 pandemic.

In a statement, the Authority’s Director-General Pavel Oimeke says it requires all LPG traders to behave responsibly and not result in any actions that will be construed as exploitative to consumers.

The DG has also urged customers to ensure they are issued with receipts for all LPG transactions, clearly indicating the name, address and telephone number of the retailer as well as the name and telephone number of the consumer.

“In the wake of the Coronavirus (COVID-19) outbreak and the financial strain it has caused the majority of Kenyans, EPRA requires all LPG traders to behave responsibly and not result to any actions that will be construed as exploitative to consumers,” Oimeke said.

The statement responds to the arbitrary hiking of prices at retail points, as reported widely by consumers.

Refilling a 6Kg gas cylinder at a Total Kenya station costs Sh1,000 but customers have reported paying up to Sh1,150 from retailers. Customers pay Sh2,170 at a Total Kenya station, but some have reported paying up to 2,200 from retailers.

 

MARGARET NJUGUNAH

Margaret Njugunah is Capital FM’s Business Editor responsible for radio and website business content. A Mass Communications Graduate of St. Paul’s University, Njugunah joined Capital FM in 2015 as a business reporter. Her specialist areas are financial news, economic reporting, technology, corporate and development news.