PETROLEUM PRODUCTS PRICE CHANGE NOTICE OCTOBER 2017

The General public is hereby informed that, effective, Wednesday October 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                                $15.02/IG            $14.47/IG

Diesel                                     $13.29/IG            $13.53/IG

Kerosene                               $8.18/IG              $8.06/IG

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

20 lbs Cylinder                     $40.00                $40.00

                                              $37.00*              $37.00*

100 lbs Cylinder                   $201.40              $199.60

Bulk                                       $2.10/lb              $2.10/lb

CARRIACOU

Products                                Old Price            New Price

Gasoline                                $15.20/IG           $14.65/IG

Diesel                                     $13.47/IG           $13.71/IG

Kerosene                               $8.37/IG             $8.25/IG

PETIT MARTINIQUE:

Products                                Old Price              New Price

Gasoline                                 $9.70/IG                $9.15/IG

Diesel                                      $7.97/IG                $8.21/IG

Kerosene                                $8.37/IG                $8.25/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                   $ 224.40             $222.60

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, 15th September, 2017 to 15th October, 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.