NO. 22/2016                                                   DATE: May 17, 2016

 

ADJUSTMENT TO PETROLEUM PRICES FOR MAY 2016

ST. GEORGE’S, GRENADA, Tuesday, May 17, 2016: The General public is hereby

informed that, effective, Wednesday May 18, 2016, the retail prices of petroleum

products (Gasoline, Diesel, Kerosene and LPG ) in the State of Grenada will be as follows:

           

GRENADA

Products          Old Price                         New Price

Gasoline                 $13.20/IG                       $13.50/IG

Diesel                     $11.46/IG                         $12.04/IG

Kerosene                $5.96/IG                          $6.45/IG

 

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

20 lbs Cylinder                      $42.00               $42.00

100 lbs Cylinder                    $167.04             $174.60

Bulk                                          $1.73/lb            $1.85/lb

 

CARRIACOU

Products           Old Price              New Price

Gasoline                 $13.38/IG               $13.68/IG

Diesel                     $11.64/IG                $12.22/IG

Kerosene                $6.15/IG                  $6.64/IG

 

CARRIACOU & PETITE MARTINIQUE

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

20 lbs Cylinder                         $51.00                 $51.00

100 lbs Cylinder                       $190.04               $197.60

Bulk                                            $1.73/lb               $1.85/lb

 

PETITE MARTINIQUE:

Products              Old Price         New Price

Gasoline                    $7.88/IG           $8.18/IG

Diesel                        $6.14/IG            $6.72/IG

Kerosene                   $6.15/IG            $6.64/IG

 

The new Retail Prices are computed based on the average FOB costs: that is; (Ex-refinery prices),

for the period, 14^th April, 2016 to 12^th May, 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.