179 - ADJUSTMENT TO PETROLEUM PRICES FOR JUNE 2016

 

 

 

NO. 29/2016                                   DATE: June 17, 2016

 

ADJUSTMENT TO PETROLEUM PRICES FOR JUNE 2016

 

ST. GEORGE’S, GRENADA Friday, June 17, 2016: The General public is

hereby informed that, effective, Saturday June 18th, 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                $13.50/IG             $13.91/IG

Diesel                    $12.04/IG             $12.56/IG

Kerosene               $6.45/IG               $7.01/IG

 

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

20 lbs Cylinder                      $42.00                     $42.00

100 lbs Cylinder                    $174.60                   $183.25

Bulk                                          $1.85/lb                 $1.90/lb

 

CARRIACOU

Products               Old Price                   New Price

Gasoline                      $13.68/IG                   $14.09/IG

Diesel                          $12.22/IG                   $12.74/IG

Kerosene                     $6.64/IG                     $7.20/IG

 

 

CARRIACOU & PETIT MARTINIQUE

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

20 lbs Cylinder                        $51.00                  $51.00

100 lbs Cylinder                      $197.60                $206.25

Bulk                                           $1.85/lb               $1.90/lb

 

PETIT MARTINIQUE:

Products                     Old Price             New Price

Gasoline                            $8.18/IG               $8.59/IG

Diesel                                $6.72/IG               $7.24/IG

Kerosene                           $6.64/IG               $7.20/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.