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Changes in petroleum prices - May 2014


Thursday, April 17, 2014 4:11 PM - St. George's, Grenada
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ST. GEORGE’S, GRENADA, Monday, May 19, 2014: The General public is hereby informed that, effective, Sunday, May 18, 2014, the retail prices of petroleum products (Gasoline, Diesel, Kerosene and LPG {Cooking Gas}) in the State of Grenada were adjusted as follows:

 

  

Grenada:

     
Products Old Price New Price
     
Gasoline $15.90/IG                                 $15.95/IG
Diesel  $14.85/IG

$15.76/IG

Kerosene                           $12.21/IG                                       $12.23/IG
     

L.P.G (Cooking Gas):

   
     
20 lbs Cylinder               $45.00  $45.00               
100 lbs Cylinder             $265.33 $265.70
Bulk   $2.71/lb                                                        $2.71/lb                         
     

Carriacou

   
     
Products Old Price New Price
     
Gasoline $16.06/IG $16.12/IG
Diesel $15.01/IG                                          $15.92/IG
Kerosene                          $12.38/IG   $12.41/IG
     

L.P.G (Cooking Gas):

   
     
20 lbs Cylinder $54.00 $54.00
100 lbs Cylinder $288.33  $288.70
Bulk $2.71/lb $2.71/lb
     
     

Petite Martinique:

   
     
Products Old Price New Price
     
Gasoline $13.05/IG $13.11/IG
Diesel $12.01/IG                                    $12.92/IG
Kerosene                          $12.38/IG                                        $12.40/IG
     
 

The new Retail Prices are computed based on the average FOB costs: that is; (Ex-refinery prices), for the period, 14th  April, 2014 to 12th May, 2014.

It important for the public to understand that petroleum prices are likely to remain high since Grenada imports nearly all of its fuel.  Consumers are, therefore, urged to act wisely by conserving and using energy efficiently. 

Furthermore, 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.

 

Energy Division

 

 

 

 

Our Economy

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