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Drop in Fuel Prices

ST. GEORGE’S, GRENADA Saturday, November 17, 2012: The general public is hereby informed that, effective, Sunday 18th November, 2012, 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 $17.09/IG $15.92/IG
Diesel $15.78/IG $15.61/IG
Kerosene $12.92/IG $12.55/IG
L.P.G (Cooking   Gas):
20 lbs Cylinder $45.00 $45.00
100 lbs Cylinder $278.09 $272.29
Bulk $2.84/lb $2.78/lb

CARRIACOU

Products Old Price New Price
Gasoline $17.25/IG $16.08/IG
Diesel $15.94/IG $15.77/IG
Kerosene $13.09/IG $12.72/IG
L.P.G (Cooking   Gas):
20 lbs Cylinder $54.00 $54.00
100 lbs Cylinder $301.09 $295.29
Bulk $2.84/lb $2.78/lb

PETIT MARTINIQUE:

Products Old Price New Price
Gasoline $14.24/IG $13.08/IG
Diesel $12.93/IG $12.76/IG
Kerosene $13.09/IG $12.72/IG

The new Retail Prices are computed based on the average FOB costs: that is; (Ex-refinery prices), for the period, 13th October, 2012 to 11th November, 2012.

Petroleum prices are likely to remain high for the foreseeable future. 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.

 

 Energy Division

Ministry of Finance

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