Petroleum Products Price Harmonization
The General public is hereby informed that effective, Wednesday, January 18th, 2023, the retail prices of petroleum products (Gasoline, Diesel, Kerosene and Liquefied Petroleum Gas, (LPG), commonly known as, Cooking Gas, in the State of Grenada will be as follows:
GRENADA
| Products | Old Price | New Price | ||
| Gasoline | $11.19/IG | $15.00/IG | ||
| Diesel | $12.82/IG | $15.84/IG | ||
| Kerosene | $12.77/IG | $13.38/IG | ||
| L.P.G (Cooking Gas) | Old Price | New Price | ||
| 20 lbs Cylinder | $40.00 | $40.00 | ||
| 100 lbs Cylinder | $283.15 | $293.85 | ||
| Bulk | $2.90/lb | $3.00/lb | ||
| CARRIACOU | ||||
| Products | Old Price | New Price | ||
| Gasoline | $11.37/IG | $15.00/IG | ||
| Diesel | $13.00/IG | $15.84/IG | ||
| Kerosene | $12.95/IG | $13.38/IG | ||
| L.P.G (Cooking Gas) | Old Price | New Price | ||
| 20 lbs Cylinder | $49.00 | $49.00 | ||
| 100 lbs Cylinder | $306.15 | $316.85 | ||
| Bulk | 2.90/lb | $3.00/lb | ||
PETIT MARTINIQUE
| Products | Old Price | New Price | ||
| Gasoline | $11.37/IG | $12.06/IG | ||
| Diesel | $13.00/IG | $12.96/IG | ||
| Kerosene | $12.95/IG | $13.38/IG | ||
| L.P.G (Cooking Gas) | Old Price | New Price | ||
| 20 lbs Cylinder | $49.00 | $49.00 | ||
| 100 lbs Cylinder | $306.15 | $316.85 | ||
| Bulk | 2.90/lb | $3.00/lb | ||
Notes:
- Effective January 18, 2023, a petrol tax of $3.50 is charged per imperial gallon of gasoline and diesel.
- In line with statements made by the Minister of Finance in the 2023 Budget Speech, petroleum prices of Gasoline, Diesel, and Kerosene, throughout Grenada and Carriacou have been harmonized with effect from January 18, 2023.
- The new retail prices are computed based on the average of actual C.I.F. rates for the period December 13, 2022, to January 10, 2023.
- Petroleum products are price-controlled goods and therefore no retailer shall vary the prices stated.
Consumers are strongly encouraged to immediately notify the Price Control/Consumer Affairs Unit in the Ministry of Legal Affairs of any instance of overpricing at telephone number: 440-1369.
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