Lower Gas Prices For October 2014

Effective Saturday, 18 October, the retail prices of petroleum products (Gasoline, Diesel, Kerosene and LPG {Cooking Gas}) in the State of Grenada will be as follows:

Products Old Price New Price
Gasoline $15.90/IG $15.05/IG
Diesel $14.72/IG $14.14/IG
Kerosene $12.08/IG $11.49/IG
L.P.G. (Cooking Gas)
20 lb Cylinder $45.00 $45.00
100 lb Cylinder $261.78 $252.60
Bulk $2.68/lb $2.58/lb
Gasoline $16.08/IG $15.23/IG
Diesel $14.89/IG $14.32/IG
Kerosene $12.26/IG $11.67/IG
L.P.G. (Cooking Gas)
20 lb Cylinder $54.00 $54.00
100 lb Cylinder $279.51 $275.60
Bulk $2.68/lb $2.58/lb
Gasoline $13.08/IG $12.24/IG
Diesel $11.90/IG $11.32/IG
Kerosene $12.27/IG $11.68/IG


The new Retail Prices are computed based on the average FOB costs: that is; (Ex-refinery prices), for the period 12 September to 13 October, 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.

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.

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