Higher Gas Prices for January 2017

The general public is hereby informed that effective Wednesday, 18 January 2017, the retail prices of petroleum products (Gasoline, Diesel, Kerosene and LPG) in the State of Grenada will be as follows:

Products Old Prices New Prices
Gasoline $13.49/IG $14.30/IG
Diesel $12.57/IG $13.04/IG
Kerosene $7.31/IG $7.63/IG
LPG (Cooking Gas)
20 lb Cylinder $42.00
100 lb Cylinder $187.90  $192.85
Bulk $1.95/lb   $2.00/lb
Gasoline $13.67/IG $14.48/IG
Diesel $12.75/IG  $13.22/IG
Kerosene  $7.50/IG $7.82/IG
LPG (Cooking Gas)
20 lb Cylinder $51.00
100 lb Cylinder $210.90 $215.85
Bulk $1.95/lb  $2.00/lb
Gasoline $8.17/IG  $8.98/IG
Diesel $7.25/IG $7.72/IG
Kerosene $7.50/IG $7.82/IG

*Petrocaribe’s LPG 20 lb Cylinder

The new Retail Prices are computed based on the average FOB costs: that is; (Ex-refinery prices), for the period 12 December 2016 to 12 January 2017.

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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