Lower Gas Prices for March 2018

The public is informed that effective Sunday, 18 March 2018, 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 $15.28/IG $15.02/IG
Diesel $14.48/IG $14.05/IG
Kerosene $9.01/IG $8.65/IG
LPG (Cooking Gas) 
20 lb Cylinder $40.00 $40.00
100 lb Cylinder $214.25 $208.75
Bulk $2.25/lb $2.15/lb
Petrocaribe’s LPG 20 lb Cylinder $37.00 $37.00

CARRIACOU

Products Old Price New Price
Gasoline $15.46/IG $15.20/IG
Diesel $14.66/IG $14.24/IG
Kerosene $9.20/IG $8.84/IG
LPG (Cooking Gas) 
20 lb Cylinder $49.00 $49.00
100 lb Cylinder $237.25 $231.75
Bulk $2.25/lb $2.15/lb
Petrocaribe’s LPG 20 lb Cylinder $46.00 $46.00

PETITE MARTINIQUE

Products New Price New Price
Gasoline $9.96/IG $9.70/IG
Diesel $9.16/IG $9.74/IG
Kerosene $9.20/IG $8.84/IG
LPG (Cooking Gas) 
20 lb Cylinder $49.00 $49.00
100 lb Cylinder $237.25 $231.75
Bulk $2.25/lb $2.15/lb
Petrocaribe’s LPG 20 lb Cylinder $46.00 $46.00

The new retail prices are computed based on the average FOB costs, that is ex-refinery prices, for the period 16 February to 14 March 2018.

Consumers are strongly 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

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