The general public is hereby informed that, effective, Thursday, 18 September, 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                     $15.93/IG                  $15.90/IG
Diesel             $14.81/IG                  $14.72/IG
Kerosene                    $11.85/IG                  $12.08/IG
LPG (Cooking Gas):  Old Price          New Price
20 lbs Cylinder                $45.00               $45.00
100 lbs Cylinder              $256.51             $261.78
Bulk                                $2.62/lb            $2.68/lb
CARRIACOU
Products                   Old Price              New Price
Gasoline                     $16.08/IG              $16.08/IG
Diesel                         $14.97/IG              $14.89/IG
Kerosene                   $12.01/IG               $12.26/IG
CARRIACOU & PETITE MARTINIQUE
LPG (Cooking Gas)       Old Price          New Price
20 lbs Cylinder                 $54.00                   $54.00
100 lbs Cylinder               $279.51                 $284.78
Bulk                                $2.62/lb                 $2.68/lb
PETITE MARTINIQUE:
Products                        Old Price            New Price
Gasoline                          $13.09/IG             $13.08/IG
Diesel                              $11.97/IG             $11.90/IG
Kerosene                        $12.02/IG              $12.27/IG
The new Retail Prices are computed based on the average FOB costs, that is ex-refinery prices for the period, 14 August to 11 September, 2014. 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 440-1369.