Gas Prices for September 2014

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.

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