The general public is hereby informed that effective Wednesday 20 August, the retail prices of petroleum products (Gasoline, Diesel, Kerosene and LPG Cooking Gas) in the State of Grenada were adjusted as follows:
|Products||Old Price||New Price|
|L.P.G. (Cooking Gas):|
|20 lb Cylinder||$45.00||$45.00|
|100 lb Cylinder||$265.03||$256.51|
|CARRIACOU & PETITE MARTINIQUE|
|L.P.G. (Cooking Gas)|
|20 lb Cylinder||$54.00||$54.00|
|100 lb Cylinder||$288.03||$279.51|
The new retail prices are computed based on the average FOB costs: that is ex-refinery prices, for the period 13 July to 13 August, 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.
Ministry of Finance and Energy