Lower Gas Prices for November 2014

The General public is hereby informed that effective Tuesday, 18 November 2014, 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 $15.05/IG $13.76/IG
Diesel $14.14/IG $13.45/IG
Kerosene $11.49/IG $10.69/IG
   
L.P.G. (Cooking Gas): Old Price New Price
20 lb Cylinder $45.00 $45.00
100 lb Cylinder $261.78 $240.30
Bulk $2.68/lb $2.46/lb
CARRIACOU
Products Old Price New Price
Gasoline $15.23/IG $13.94/IG
Diesel $14.32/IG $13.63/IG
Kerosene $11.67IG $10.88/IG
CARRIACOU & PETITE MARTINIQUE
L.P.G. (Cooking Gas): Old Price New Price
20 lb Cylinder $54.00 $54.00
100 lb Cylinder $279.51 $263.30
Bulk $2.68/lb $2.64/lb
PETITE MARTINIQUE
Products Old Price New Price
Gasoline $12.24/IG $10.94/IG
Diesel $11.32/IG $10.63/IG
Kerosene $11.68/IG $10.88/IG

 

The new retail prices are computed based on the average FOB costs: that is; (Ex-refinery prices), for the period 13 October 2014 to 10 November 2014.

It is 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.

Energy Division
Ministry of Finance and Energy

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