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.