NO. 63/2016                             DATE: October 17, 2016

 

ADJUSTMENT TO PETROLEUM PRICES FOR OCTOBER 2016

 

ST. GEORGE’S GRENADA, Monday, October 17, 2016: The General public is hereby informed

that, effective, Tuesday October 18, 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               $13.74/IG               $13.72/IG

Diesel                    $12.52/IG               $12.67/IG

Kerosene              $7.01/IG                 $7.10/IG

 

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

20 lbs Cylinder                 $42.00               $42.00

                                          $37.00*

100 lbs Cylinder               $183.20              $184.70

Bulk                                   $1.90/ lb            $1.95/lb

 

CARRIACOU

 

Products              Old Price             New Price

Gasoline                $13.92/IG               $13.90/IG

Diesel                    $12.70/IG                $12.85/IG

Kerosene               $7.20/IG                 $7.29/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               $206.20              $207.70

Bulk                                   $1.90/lb              $1.95/lb

 

PETIT MARTINIQUE:

 

Products                    Old Price        New Price

Gasoline                      $8.42/ IG            $8.40/IG                                         

Diesel                           $7.20/IG             $7.35/IG

Kerosene                      $7.20/IG            $7.29/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, 14^th September, 2016 to 13^th October, 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.