Petroleum Products Price Harmonization  

PR – The General public is hereby informed that effective, Saturday, February 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 $15.00/IG $15.31/IG 

Diesel $15.84/IG $16.27/IG 

Kerosene $13.38/IG $15.55/IG 

L.P.G (Cooking Gas) Old Price New Price 

20 lbs Cylinder $40.00 $40.00 

100 lbs Cylinder $293.85 $291.20 

Bulk $3.00/lb $3.00/lb 

CARRIACOU 

Products Old Price New Price 

Gasoline $15.00/IG $15.31/IG 

Diesel $15.84/IG $16.27/IG 

Kerosene $13.38/IG $15.55/IG 

L.P.G (Cooking Gas) Old Price New Price 

20 lbs Cylinder $49.00 $49.00 

100 lbs Cylinder $316.85 $314.20 

Bulk $3.00/lb $3.00/lb

PETIT MARTINIQUE 

Products Old Price New Price 

Gasoline $12.06/IG $15.31/IG 

Diesel $12.96/IG $16.27/IG 

Kerosene $13.38/IG $15.55/IG 

L.P.G (Cooking Gas) Old Price New Price 

20 lbs Cylinder $49.00 $49.00 

100 lbs Cylinder $316.85 $314.20 

Bulk $3.00/lb $3.00/lb 

Notes: 

  • Effective January 18, 2023, a petrol tax of $3.50 is charged per imperial gallon of gasoline  and diesel.
  • Petroleum Product Prices of Gasoline, Diesel, and Kerosene within the State of Grenada,  

Carriacou and Petite Martinique are now fully harmonized in line with statements made by  the Minister of Finance in the 2023 Budget Speech. 

  • The new retail prices are computed based on the average of actual FREIGHT AND  

INSURANCE RATES AND THE MEAN OF CARIBBEAN POSTINGS  

(TRINTOC/STASCO) for the period January 11th, 2023, to February 8th, 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.