Retail price of fuel products witnesses increment in St Lucia

While informing the public, the Government of St Lucia stated that due to the increase in the international oil prices and the application of the government of the modified market pass-through petroleum pricing mechanism. The retail price of fuel products such as Gasoline, Diesel, LPG 20, 22 and 100 lb cylinders has incredibly changed in the country. 

Retail price of fuel products witnesses increment in St Lucia
Retail price of fuel products witnesses increment in St Lucia

St Lucia: The retail price of the petroleum, Gasoline, Diesel, LPG 20, 22 and 100 lb cylinders in St Lucia has changed. The hike in the prices of the fuel products is all set to put a strain on the pockets of the people of the Caribbean country. 

On Monday, April 11, 2022, the Government of St Lucia informed the general public about the changes in the retail price of fuel products. 

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While informing the public, the Government of St Lucia stated that due to the increase in the international oil prices and the application of the government of the modified market pass-through petroleum pricing mechanism. The retail price of fuel products such as Gasoline, Diesel, LPG 20, 22 and 100 lb cylinders has incredibly changed in the country. 

However, the retail price of Kerosene has also changed and remains untouched. 

Further, the Government of St Lucia has stated that the current change in the prices of the fuel products has come into effect from Monday, April 11, 2022. 

The hike or change in the price of the fuel products is as follows: 

  • The price of the Gasoline has increased. It has increased from $3.29 to $3.51 per litre. 
  • Further, the price of the Gasoline a gallon is increased from $14.95 to $15.95 per gallon. 
  • Besides this, Kerosene has not changed, and it remains unchanged at $2.33 per litre or $10.57 per gallon. 
  • The price of the Diesel also witnessed an increment as the price of the fuel product has increased from $3.29 to $3.51 per litre. In gallons, the price of the Diesel also increased from $14.95 to $15.95 per gallon. 
  • Further, the 20-pound cylinder, which is 9.07 kg, has also witnessed an increment in its price from $35.46 to $39.81 per cylinder. 
  • The 22 Pound Cylinder, which is 9.98 kg, has increased from $39.01to $43.79 per cylinder. 
  • The 100 Pound Cylinder, which is 45.36 kg, has also seen an increment from $266.43 to $309.89 per cylinder.

The government of St Lucia has provided that the next adjustment of the retail price of fuel products will be updated on Monday, May 2, 2022.