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ST. GEORGE'S, GRENADA, Wednesday, February 17, 2016: The General public is hereby informed that, effective, Thursday February 18, 2016, the retail prices of petroleum products (Gasoline, Diesel, Kerosene and LPG ) in the State of Grenada will be as follows:
Products                 Old Price                  New Price
Gasoline                      $12.90/IG                    $12.30/IG
Diesel                          $11.50/IG                    $11.30/IG
Kerosene                     $5.90/IG                     $5.35/IG
L.P.G (Cooking Gas):        Old Price       New Price
20 lbs Cylinder                          $42.00               $42.00
100 lbs Cylinder                        $165.60             $160.10
Bulk                                           $1.75/lb             $1.70/lb
Products                   Old Price              New Price
Gasoline                       $13.05/IG                 $12.50/IG
Diesel                           $11.65/IG                 $11.50/IG
Kerosene                     $6.10/IG                   $5.55/IG
L.P.G (Cooking Gas)        Old Price        New Price
20 lbs Cylinder                        $51.00               $51.00
100 lbs Cylinder                      $188.60             $188.60
Bulk                                         $1.75/lb             $1.70/lb
Products                           Old Price           New Price
Gasoline                                  $7.55/IG           $7.00/IG
Diesel                                      $6.15/IG            $6.00/IG
Kerosene                                 $6.10/IG           $5.55/IG
The new Retail Prices are computed based on the average FOB costs: that is; (Ex-refinery prices), for the period, 14th January, 2015 to 14th February, 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.
Energy Division
Ministry of Finance and Energy

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Telephone: 1 (473) 440-3556 / 435-6945/46
Fax: 1 (473) 440-6621
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Inland Revenue Division - www.ird.gd