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Changes in petroleum prices
November 2014

ST. GEORGE’S, GRENADA, Monday, November 17, 2014: The General public is hereby informed that, effective, Tuesday, November 18, 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):
20 lbs Cylinder $45.00 $45.00
100 lbs Cylinder $252.60 $240.30
Bulk $2.58/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 $11.67/IG $10.88/IG
L.P.G (Cooking Gas):
20 lbs Cylinder $54.00 $54.00
100 lbs Cylinder $275.60 $263.30
Bulk $2.58/lb $2.46/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

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

It important for the public to understand, petroleum prices are likely to remain high in the foreseeable future. Consequently, consumers are 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 telephone number 440-1369.

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