PETROLEUM PRODUCTS PRICE CHANGE NOTICE NOVEMBER 2017

The General public is hereby informed that, effective, Saturday November 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                               $14.47/IG            $14.937/IG

Diesel                                    $13.53/IG            $13.96/IG

Kerosene                               $8.06/IG             $8.30/IG

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

20 lbs Cylinder                    $40.00                $40.00

                                             $37.00*              $37.00*

100 lbs Cylinder                   $199.60              $203.25

Bulk                                      $2.10/lb              $2.10/lb

CARRIACOU

Products                                Old Price         New Price

Gasoline                               $14.65/IG           $15.12/IG

Diesel                                    $13.71/IG           $14.14/IG

Kerosene                               $8.25/IG            $8.49/IG

PETIT MARTINIQUE:

Products                                Old Price              New Price

Gasoline                                $9.15/IG                $9.62/IG

Diesel                                     $8.21/IG                $8.64/IG

Kerosene                                $8.25/IG                $8.49/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                   $22 2.60             $226.25

Bulk                                      $2.10/lb             $2.10/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 October, 2017 to 14th November, 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.