NO. 71/2016                                                DATE: November 17, 2016

 

ADJUSTMENT TO PETROLEUM PRICES FOR NOVEMBER 2016

 

ST. GEORGE’S GRENADA, Thursday, November 17, 2016: The General public is hereby informed that, effective, Friday November 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          $13.72/IG           $13.66/IG

 Diesel              $12.67/IG           $12.68/IG

 Kerosene         $7.10/IG             $7.08/IG

 

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

20 lbs Cylinder                  $42.00              $42.00

                                                                    $37.00*

100 lbs Cylinder                $184.70            $184.30

Bulk                                    $1.95 /lb          $1.95/lb

 

CARRIACOU

Products           Old Price           New Price

Gasoline            $13.90/IG            $13.84/IG

Diesel                 $12.85/IG            $12.86/IG

Kerosene           $7.29/IG              $7.27/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               $207.70             $207.30

Bulk                                   $1.95/lb             $1.95/lb

 

PETIT MARTINIQUE:

Products                       Old Price           New Price

Gasoline                         $8.40/IG            $8.34/IG

 Diesel                             $7.35/I G           $7.36/IG

Kerosene                        $7.29/IG            $7.27/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 October, 2016 to 14^th November, 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.

 

Energy Division

Ministry of Finance and Energy