NO. 16/2017                                       DATE: March 17, 2017

ADJUSTMENT TO PETROLEUM PRICES FOR MARCH 2017

ST. GEORGE’S, GRENADA Friday, March 17, 2017; The General public is hereby informed that, effective, Saturday March 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            $14.28/IG             $14.17/IG

Diesel                 $13.114/IG           $13.20/IG

Kerosene           $7.61/IG               $7.69/IG

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

20 lbs Cylinder                 $40.00               $40.00

                                                      $37.00*              $37.00*

100 lbs Cylinder               $192.55             $193.85

Bulk                                   $2.00/lb            $2.00/lb

CARRIACOU

Products           Old Price            New Price

Gasoline            $14.46/IG           $14.35/IG

Diesel                 $13.29/IG           $13.38/IG

Kerosene           $7.80/IG             $7.88/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                   $215.55              $216.85

Bulk                                       $2.00/lb            $2.00/lb

PETIT MARTINIQUE:

Products            Old Price              New Price

Gasoline              $8.96/IG                $8.85/IG

Diesel                   $7.79/IG                $7.88/IG

Kerosene             $7.80/IG                $7.88/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, 13th January, 2017 to 13th February, 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.