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Changes in petroleum prices
April 2012

ADJUSTMENT TO PETROLEUM PRICES
ST. GEORGE’S GRENADA, April 17, 2012: The General public is hereby informed that, effective, Wednesday 18th, April 2012, 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 $16.93/IG $17.48/IG
Diesel $15.96/IG $15.97/IG
Kerosene $13.18/IG $13.24/IG
L.P.G (Cooking Gas):
20 lbs Cylinder $45.00 $45.00
100 lbs Cylinder $282.14 $283.00
Bulk $2.88/lb $2.89/lb
Carriacou
Products Old Price New Price
Gasoline $17.09/IG $17.64/IG
Diesel $16.12/IG $16.13/IG
Kerosene $13.35/IG $13.41/IG
L.P.G (Cooking Gas):
20 lbs Cylinder $54.00 $54.00
100 lbs Cylinder $305.14 $306.00
Bulk $2.88/lb $2.89/lb
Petite Martinique
Products Old Price New Price
Gasoline $14.09/IG $14.63/IG
Diesel $13.11/IG $13.12/IG
Kerosene $13.35/IG $13.40/IG

The new Retail Prices are computed based on the average FOB costs: that is; (ex-refinery prices), for the period: March 12, 2012 to April 12, 2012. It important for consumers to understand that petroleum prices ;are likely to remain high. 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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