NO. 27/2015                                                        DATE: March 17, 2015

 

ADJUSTMENT TO PETROLEUM PRICES FOR MARCH 2015

 

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ST. GEORGE’S, GRENADA, Tuesday, March 17^th, 2015: The General public is hereby informed that, effective, Wednesday, March 18, 2015, 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            $11.04/IG                          $12.03/IG

 

 

Diesel                $10.99/IG                          $11.73/IG

 

 

Kerosene          $7.96/IG                             $8.71/IG

 

 

 

 

 

L.P.G (Cooking Gas):    Old Price             New Price

 

 

20 lbs Cylinder                  $42.00                  $43.00        

 

 

100 lbs Cylinder               $198.00                 $209.59                

 

 

Bulk                                $2.04/lb                $2.15/lb     

 

 

CARRIACOU

 

 

Products                    Old Price                 New Price

 

 

Gasoline                      $11.22/IG                $12.21/IG

 

 

Diesel                          $11.17/IG                $11.91/IG

 

 

Kerosene                      $8.15/IG                 $8.90/IG

 

 
CARRIACOU & PETITE MARTINIQUE

 

 

L.P.G (Cooking Gas)       Old Price             New Price

 

 

20 lbs Cylinder                   $51.00                $52.00

 

 

100 lbs Cylinder                 $221.00               $232.59

 

 

Bulk                                  $2.04/lb              $2.15/lb

 

 
PETITE MARTINIQUE:

 

 

Products                        Old Price               New Price

 

 

Gasoline                         $8.22/IG               $9.21/IG

 

 

Diesel                             $8.17/IG               $8.91/IG

 

 

Kerosene                       $8.15/IG                $8.90/IG

 

The new Retail Prices are computed based on the average FOB costs: that is; (Ex-refinery prices), for the period, 16^th February, 2015 to 12^th March, 2015.

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.