NO. 78/2016                                               DATE: December 16, 2016

 

ADJUSTMENT TO PETROLEUM PRICES FOR DECEMBER 2016

 

ST. GEORGE’S GRENADA, Friday, December 16, 2016: The General public is hereby informed that, effective, Sunday December 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                  $13.66/IG           $13.49/IG

Diesel                       $12.68/IG           $12.57/IG

Kerosene                 $7.08/IG             $7.31/IG

 

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

20 lbs Cylinder                  $42.00                 $42.00

                                                                       $37.00*

100 lbs Cylinder               $184.30                $187.90

Bulk                                   $1.95/ lb               $1.95/lb

 

CARRIACOU

Products                Old Price              New Price

Gasoline                 $13.84/IG             $13.67/IG

Diesel                      $12.86/IG             $12.75/IG

Kerosene                $7.27/IG               $7.50/IG

 

CARRIACOU & PETIT MARTINIQUE

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

20 lbs Cylinder              $51.00                 $51.00

                                                                   $46.00*

100 lbs Cylinder          $207.30                 $210.90

Bulk                              $1.95/lb                $1.95/lb

 

PETIT MARTINIQUE:

Products                      Old Price           New Price

Gasoline                       $8.34/IG             $8.17/IG

Diesel                           $7.36/IG              $7.25/IG

Kerosene                      $7.27/IG              $7.50/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, 15^th November, 2016 to 11^th December, 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.