The Energy Regulatory Commission (ERC) is reviewing the Energy (liquefied petroleum gas) Regulations 2009, to not only set prices for cooking gas refilling by oil marketing companies, but also to determine how much the various types of gas cylinders should cost.
ERC plans to start regulating LPG prices after the handling and storage facility under construction in Mombasa is complete.
ERC anticipates that the move would bring down the skyrocketing cooking gas prices by about 50%.
The cost of refilling a 6Kg gas cylinder currently stands at KES 2,900 in most outlets, up from KES 1,200 a year ago, while the cost of refilling the 13 kg cylinder is KES 4,500, up from KES 2,400 a year ago.
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