MINISTRY OF FINANCE AND ENERGY

GRENADA

Petroleum Prices

 

 

NO. 87/2015                                       DATE: November 17, 2015

 

ADJUSTMENT TO PETROLEUM PRICES FOR NOVEMBER 2015

 

ST. GEORGE’S, GRENADA, Tuesday, November 17, 2015: The General public is hereby informed that, effective, Wednesday November 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           $13.45/IG              $13.30/IG

Diesel               $12.80/IG              $12.70/IG

Kerosene          $7.25/IG                $7.05/IG

 

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

20 lbs Cylinder                      $42.00           $42.00

100 lbs Cylinder                    $187.30          $184.90

Bulk                                         $2.95/lb         $1.95/lb

 

CARRIACOU

Products    Old Price            New Price

Gasoline         $13.65/IG              $13.45/IG

Diesel              $13.00/IG              $12.80/IG

Kerosene         $7.45/IG                $7.25/IG

 

CARRIACOU & PETITE MARTINIQUE

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

20 lbs Cylinder                      $51.00            $51.00

100 lbs Cylinder                    $210.30          $207.90

Bulk                                         $1.95/lb          $1.95/lb

 

PETITE MARTINIQUE

Products              Old Price           New Price

Gasoline                    $8.15/IG              $7.95/IG

Diesel                         $7.50/IG             $7.30/IG

Kerosene                    $7.45/IG             $7.25/IG

 

The new Retail Prices are computed based on the average FOB costs: that is; (Ex-refinery prices), for the period, 15th October, 2015 to 15th November, 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.

 

 

 

                     

 

               

 

 

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