ST. GEORGE'S, GRENADA, Tuesday, January 19, 2016: The General public is hereby informed that, effective, Monday January 18, 2016, the retail prices of petroleum products (Gasoline, Diesel, Kerosene and LPG ) in the State of Grenada have been adjusted as follows:

Grenada:

Products Old Price New Price
Gasoline $12.85/IG $12.90/IG
Diesel $12.35/IG

$11.50/IG

Kerosene $6.35/IG $5.90/IG

L.P.G (Cooking Gas):

20 lbs Cylinder $42.00 $42.00
100 lbs Cylinder $177.16 $165.60
Bulk $1.83/lb $1.75/lb

Carriacou

Products Old Price New Price
Gasoline $13.00/IG $13.05/IG
Diesel $12.50/IG $11.65/IG
Kerosene $7.30/IG $6.10/IG

L.P.G (Cooking Gas):

20 lbs Cylinder $51.00 $51.00
100 lbs Cylinder $200.16 $188.60
Bulk $1.95/lb $1.75/lb

Petite Martinique:

Products Old Price New Price
Gasoline $7.50/IG $7.55/IG
Diesel $7.00/IG $6.15/IG
Kerosene $7.30/IG $6.10/IG

The new Retail Prices are computed based on the average FOB costs: that is; (Ex-refinery prices), for the period, 14th December, 2015 to 13th January, 2016.

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.

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.

Government of Grenada issued this content on 2016-01-19 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-19 16:08:06 UTC

Original Document: http://www.gov.gd/egov/news/2016/jan16/19_01_16/item_1/petroleum_prices_january_2016.html