Read Here: St Lucia govt changes price of gas and cylinder

Read Here: St Lucia govt changes price of gas and cylinder

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St Lucia: The public is notified that in keeping with changes in international oil prices and the Government’s application of the modified market pass-through petroleum pricing mechanism, the retail price of diesel and gasoline have increased as a result of global record high prices.

A barrel of crude oil is at an all-time high of USD 123.16 compared to 2019, when the cost per barrel peaked at USD 64.30. The Government of Saint Lucia is now subsidising gasoline at $0.44 per gallon and receives an excise tax of $1.27 for diesel.

The price for LPG 20, 22 and 100 lb cylinders has decreased. The Government continues to subsidise the 20 and 22-lb cylinders by $26.15 and $28.76, respectively. The retail price of kerosene remains unchanged. The price changes take effect from Monday, June 13, 2022.

Gas:

Gasoline increased from $3.51 to $3.95 per litre or $15.95 to $17.95 per gallon.

Kerosene remains unchanged at $3.74 per litre or $16.98 per gallon.

Diesel increased from $3.65 to $3.95 per litre or from $16. 58 to $17.95 per gallon.

Cylinder:

20 Pound Cylinder (9.07 kg) decreased from $43.84 to $43.78 per cylinder

22 Pound Cylinder (9.98 kg) decreased from $48.22 to $48.16 per cylinder

100 Pound Cylinder (45.36 kg) decreased from $350.17 to $349.64 per cylinder

The public is informed that the next adjustment of the retail price of fuel products will be on July 4, 2022 (Monday).