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Petroleum price change effective Jan. 28, 2013

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In keeping with the scheduled review of prices under the modified market pass-through system for fuel, effective Monday, January 28, 2013, the prices of the following fuel products in Saint Lucia will remain unchanged as follows:

However, the price of kerosene will increase from $2.72 to $2.77 per litre.

Based on the above prices, the government is continuing to subsidize the 20-pound cylinder of cooking gas (LPG) at a rate of $18.30 per cylinder for the next three months. This is projected to cost the government roughly $2.8 million for that period.

Fuel prices in Saint Lucia compares favourably to current prices in the Eastern Caribbean countries for most products. The table below shows the fuel prices (in EC$) for the various Caribbean countries as of Friday, January 25, 2013:

The public is further notified that the next price change will be due on April 22, 2013.

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