HomeGrenadaChanges in petroleum prices - October 2016

Changes in petroleum prices – October 2016

The General public is hereby informed that, effective, Tuesday October 18, 2016, the retail prices of petroleum products (Gasoline, Diesel, Kerosene and LPG {Cooking Gas}) in the State of Grenada will be as follows:

Grenada:

Products Old Price New Price
Gasoline $13.74/IG  $13.72/IG
Diesel $12.52/IG $12.67/IG
Kerosene $7.01/IG $7.10/IG
L.P.G (Cooking Gas):
20 lbs Cylinder  $42.00  $42.00
20lbs Cylinder (Petrocaribe)* $37.00 $37.00
100 lbs Cylinder $$183.20  $184.70
Bulk $1.90/lb $1.95/lb

Carriacou

Products Old Price New Price
Gasoline $13.92/IG  $13.90/IG
Diesel $12.70/IG  $12.85/IG
Kerosene $7.20/IG $7.29/IG
L.P.G (Cooking Gas):
20 lbs Cylinder $51.00 $51.00
20lbs Cylinder (Petrocaribe)* $46.00 $46.00
100 lbs Cylinder $206.20 $207.70
Bulk $1.90/lb $1.95/lb

Petite Martinique:

Products Old Price New Price
Gasoline $$8.42/IG  $8.40/IG
Diesel $7.20/IG $7.35/IG
Kerosene $7.20/IG $7.29/IG

The new Retail Prices are computed based on the average FOB costs: that is; (Ex-refinery prices), for the period, 14th September, 2016 to 13th October, 2016.
Consumers are encouraged to immediately notify the Price control/Consumer Affairs Unit in the Ministry of Finance of any instance of overpricing at telephone number 440-1369.

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