Higher Gas Prices for March 2014

Effective 18 March 2014, there is an increase in the retail prices of Gasoline, Diesel, Kerosene and LPG {Cooking Gas}) in Grenada. The new prices are:


Products Old Price New Price
Gasoline $15.34/IG $15.80/IG
Diesel $15.06/IG $15.08/IG
Kerosene $12.19/IG $12.55/IG
L.P.G. (Cooking Gas):
20 lb Cylinder $45.00 $45.00
100 lb Cylinder $266.59 $270.54
Bulk $2.72/lb $2.76/lb
Gasoline $15.50/IG $15.96/IG
Diesel $15.22/IG $15.25/IG
Kerosene $12.36/IG $12.72/IG
L.P.G. (Cooking Gas):
20 lb Cylinder $54.00 $54.00
100 lb Cylinder $289.59 $293.54
Bulk $2.72/lb $2.76/lb
Gasoline $12.49/IG $12.96/IG
Diesel $12.22/IG $12.24/IG
Kerosene $12.35/IG $12.71/IG


The new Retail Prices are computed based on the average FOB costs: that is; (Ex-refinery prices), for the period, 11 February to 11 March, 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 telephone number 440-1369.

Energy Division
Ministry of Finance and Energy

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