NO. 27/2017                                          DATE: April 18, 2017

ADJUSTMENT TO PETROLEUM PRICES FOR APRIL 2017

ST. GEORGE’S, GRENADA, Tuesday, April 18, 2017: The General public is hereby informed that, effective, Tuesday April 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                                   $14.17/IG            $14.06/IG

Diesel                                      $13.20/IG            $12.83/IG

Kerosene                                 $7.69/IG              $7.36/IG

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

20 lbs Cylinder                        $40.00                $40.00

                                                 $37.00*              $37.00*

100 lbs Cylinder                      $193.855            $188.75

Bulk                                         $2.00/lb             $1.95/lb

CARRIACOU

Products                    Old Price            New Price

Gasoline                                  $14.35/IG           $14.24/IG

Diesel                                       $13.389/IG         $13.01/IG

Kerosene                                 $7.88/IG             $7.55/IG

PETIT MARTINIQUE

Products                                 Old Price              New Price

Gasoline                                   $8.85/IG                $8.74/IG

Diesel                                       $7.88/IG                $7.51/IG

Kerosene                                  $7.88/IG                $7.55/IG 

CARRIACOU & PETIT MARTINIQUE

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

20 lbs Cylinder                     $49.00                $49.00

                                              $46.00*              $46.00*

100 lbs Cylinder                   $ 216.85              $211.75

Bulk                                       $2.00/lb             $1.95/lb

*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, 16th March, 2017 to 11th April, 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.