NO. 47/2015                                     DATE: June 17, 2015 

ADJUSTMENT TO PETROLEUM PRICES FOR JUNE 2015

ST. GEORGE’S, GRENADA, Wednesday June 17^th, 2015: The General public is hereby informed that, effective, Thursday June 18, 2015, 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                        $13.70/IG             $14.07/IG

Diesel                            $12.52/IG              $12.77/IG

Kerosene                       $8.49/IG                $8.76/IG

 

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

20 lbs Cylinder                $42.32                      $43.17

100 lbs Cylinder              $206.20                    $210.42

Bulk                                $2.12/lb                   $2.16/lb

 

CARRIACOU

Products                    Old Price                    New Price

Gasoline                       $13.88/IG                  $14.25/IG

Diesel                           $12.70/IG                  $12.95/IG

Kerosene                      $8.68/IG                    $8.95IG

 

CARRIACOU & PETITE MARTINIQUE

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

20 lbs Cylinder                  $51.32                      $52.17

100 lbs Cylinder                $229.20                    $233.42

Bulk                                  $2.12/lb                   $2.16/lb

 

PETITE MARTINIQUE:

Products                          Old Price               New Price

Gasoline                            $9.88/IG               $10.25/IG

Diesel                                $8.70/IG               $8.95/IG

Kerosene                           $8.68/IG               $8.95/IG

 

The new Retail Prices are computed based on the average FOB costs: that is; (Ex-refinery prices), for the period, 12^th May, 2015 to 13^th June, 2015.

 

It important for the public to understand that petroleum prices are likely to remain high since Grenada imports nearly all of its fuel.  Consumers are, therefore, urged to act wisely by conserving and using energy efficiently. 

 

Furthermore, 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.