NO. /2017                                       DATE: January 17, 2017

ADJUSTMENT TO PETROLEUM PRICES FOR JANUARY 2017

St. George’s, Grenada, Tuesday January 17, 2017: The General public is hereby informed that, effective, Wednesday January 18th, 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            $13.49/IG            $14.30/IG

Diesel                 $12.57/IG            $13.04/IG

Kerosene             $7.31/IG              $7.63/IG

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

20 lbs Cylinder               $42.00               $40.00

                                        $37.00*              $37.00*

100 lbs Cylinder            $187.90             $192.85

Bulk                                   $1.95/lb            $2.00/lb

CARRIACOU

Products                    Old Price            New Price

Gasoline                     $13.67/IG           $14.48/IG

Diesel                          $12.75/IG           $13.22/IG

Kerosene                      $7.50/IG             $7.82/IG

CARRIACOU & PETIT MARTINIQUE

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

20 lbs Cylinder                    $51.00                 $49.00

                                             $46.00*               $46.00*

100 lbs Cylinder                $210.90              $215.85

Bulk                                        $1.95/lb             $2.00/lb

PETIT MARTINIQUE:

Products                       Old Price              New Price

Gasoline                        $8.17/IG              $8.98/IG

Diesel                             $7.25/IG              $7.72/IG

Kerosene                       $7.50/IG              $7.82/IG

*Petrocaribe’s LPG 20lb Cylinder

The new Retail Prices are computed based on the average FOB costs: that is; (Ex-refinery prices), for the period, 12th December, 2016 to 12th January, 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.

Energy Division

Ministry of Finance and Energy