Changes in petroleum prices – June 2017

Pumping Gas

The public is hereby informed that, effective, Sunday June 18th, 2017, 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 $14.31/IG $14.19/IG
Diesel $12.80/IG $12.650/IG
Kerosene $7.39/IG $7.09/IG
L.P.G (Cooking Gas):
20 lbs Cylinder  $40.00 $40.00
20lbs Cylinder (Petrocaribe)* $37.00 $37.00
100 lbs Cylinder $189.15 $184.45
Bulk $1.95/lb $1.95/lb

Carriacou

Products Old Price New Price
Gasoline $14.49/IG $14.37/IG
Diesel $12.98/IG $12.83/IG
Kerosene $7.58/IG $7.28/IG
L.P.G (Cooking Gas):
20 lbs Cylinder $49.00 $49.00
20lbs Cylinder (Petrocaribe)* $46.00 $46.00
100 lbs Cylinder $212.15 $207.45
Bulk $1.95/lb $1.95/lb

Petite Martinique:

Products Old Price New Price
Gasoline  $8.99/IG $8.87/IG
Diesel $7.48/IG $7.33/IG
Kerosene $7.58/IG $7.28/IG

The new Retail Prices are computed based on the average FOB costs: that is; (Ex-refinery prices), for the period, 16th May, 2017 to 15th June, 2017.

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.