284 ADJUSTMENT TO PETROLEUM PRICES FOR MAY 2017

 

 

NO. 33/2017                                             DATE: May 18, 2017

 

ADJUSTMENT TO PETROLEUM PRICES FOR MAY 2017

 

ST. GEORGE’S, GRENADA, Thursday, May 18, 2017: The General public is hereby informed that, effective, Thursday May 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                                 $14.06/IG            $14.31/IG

Diesel                                      $12.83/IG            $12.80/IG

Kerosene                                $7.36/IG              $7.39/IG

 

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

20 lbs Cylinder                        $40.00                $40.00

                                                $37.00*              $37.00*

100 lbs Cylinder                      $188.75              $189.15

Bulk                                         $1.95/lb              $1.95/lb

 

CARRIACOU

Products                    Old Price            New Price

Gasoline                                  $14.24/IG           $14.49/IG

Diesel                                       $13.01/IG           $12.98/IG

Kerosene                                 $7.55/IG             $7.58/IG

 

PETIT MARTINIQUE:

Products                                 Old Price              New Price

Gasoline                                  $8.74/IG                $8.99/IG

Diesel                                       $7.51/IG                $7.48/IG

Kerosene                                 $7.55/IG                $7.58/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                   $ 211.75               $212.15

Bulk                                       $1.95/lb               $1.95/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, 12th April, 2017 to 15th May, 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.