• +1 473 440 2937
  • gcic@grenadachamber.org

    NEWS RELEASE

    MINISTRY OF FINANCE & ENERGY

    Email: This email address is being protected from spambots. You need JavaScript enabled to view it.This email address is being protected from spambots. You need JavaScript enabled to view it.

    Website: www.finance.gd / www.gov.gd

    Phone: 1-473-435-0057 or 1-473-440-2731/4

    Fax: 1- 473-440-4115

     

    NO. 40/2017                                             DATE: June 16, 2017

     

    ADJUSTMENT TO PETROLEUM PRICES FOR JUNE 2017

     

    ST. GEORGE’S, GRENADA, Friday, June 16, 2017: The public is hereby informed that, effective, Sunday June 18th, 2017, the retail prices of petroleum products (Gasoline, Diesel, Kerosene and LPG {Cooking Gas}) in the State of Grenada will be as follows:

     

    GRENADA

    Products                                 Old Price            New Price

    Gasoline                                  $14.31/IG            $14.19/IG

    Diesel                                      $12.80/IG            $12.650/IG

    Kerosene                                 $7.39/IG              $7.09/IG

     

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

    20 lbs Cylinder                        $40.00                $40.00

                                                    $37.00*              $37.00*

    100 lbs Cylinder                      $189.15              $184.45

    Bulk                                         $1.95/lb              $1.95/lb

     

    CARRIACOU

    Products                    Old Price            New Price

    Gasoline                                  $14.49/IG           $14.37/IG

    Diesel                                      $12.98/IG           $12.83/IG

    Kerosene                                 $7.58/IG             $7.28/IG

     

    PETIT MARTINIQUE:

    Products                                 Old Price              New Price

    Gasoline                                  $8.99/IG                $8.87/IG

    Diesel                                      $7.48/IG                $7.33/IG

    Kerosene                                 $7.58/IG                $7.28/IG 

    CARRIACOU & PETIT MARTINIQUE

     

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

    20 lbs Cylinder                    $49.00                $49.00

                                               $46.00*              $46.00*

    100 lbs Cylinder                  $212.15             $207.45

    Bulk                                    $1.95/lb             $1.95/lb

     

    *Petrocaribe’s LPG 20lb Cylinder

     

    The new Retail Prices are computed based on the average FOB costs: that is; (Ex-refinery prices), for the period, 16th May, 2017 to 15th June, 2017.

     

    Consumers are encouraged to immediately notify the Price control/Consumer Affairs Unit in the Ministry of Finance of any instance of overpricing at telephone number 440-1369.

    NEWS RELEASE

    NO. 36/2017                             DATE: May 25, 2017

     

    TAX INFORMATION BOOTH IN ST GEORGE’S THIS SATURDAY, May 27th, 2017

    St. George’s, Grenada, Thursday, May 25, 2017: The public is hereby informed that the Inland Revenue Division (IRD) of the Ministry of Finance and Energy will set up a Tax Information Booth, at the NIS Car Park, Melville Street, St George’s on Saturday May 27th, 2017, from 9:00am to 2:00pm.

    Tax officers will be available to assist taxpayers in addressing any queries or concerns as it relates to their Property Tax Demand Notices and any other tax matters.

    Additionally, the Booth will serve as a payment point for property owners with the Tax Officers providing advice on the 5% rebate. The deadline to receive the 5% rebate on Property Tax for 2017 is June 30th, 2017.

    Please note that ALL Inland Revenue Officers/Tax Officers assigned at the Booth will be wearing their staff ID and a receipt will be issued for all payments made.

    NEWS RELEASE

    Grenada Ahead of the Montreal Protocol Schedule

    St. George’s, Grenada, Tuesday, May 23, 2017, 2017: Minister of State in the Prime Minister’s Office with responsibility for Natural Disaster Management and Information, Senator Winston Garraway, in addressing the Annual Network Meeting for Ozone Officers of the English Speaking Caribbean and Haiti held in Grenada on May 17th, 2017, announced that Grenada is well ahead of its Montreal Protocol target in the phase out of Ozone Depleting Substances.  Senator Garraway, indicated that in the phase out of Chlorofluorocarbon (CFC’s), one of the most significant Ozone Depleting Substances, Grenada was able to phase out this group of chemicals in 2006, four (4) years ahead of the Montreal Protocol Schedule of 2010.

     He further stated that in the phase out of a new group of Ozone Depleting Substances (ODS), with a much lower ozone depleting potential, Hydroflorocarbons, Grenada is approximately eight years ahead of the Montreal Protocol Schedule.  As a matter of fact Grenada’s current consumption level is where it is expected to be in the year 2025.

    Senator Garraway also took the opportunity to outline some of the activities undertaken by the National Ozone Unit (NOU) that has contributed to Grenada’s successful path under the Montreal Protocol. These activities include:

    • Training of approximately 80% of Refrigeration and air-conditioning technicians in Good Refrigeration Practices and alternative Ozone Friendly technologies;
    • Training of Customs Officers, Trade Officials and the Bureau of standards in Control and Monitoring of Trade in Ozone Depleting Substances;
    • Establishment of a licensing and quota system to regulate the importation of ODS;
    • Establishment of labeling standards for ODS containers and for the safe use, handling and storage of ODS;
    • Establishment of 20 recovery and recycling centers throughout Grenada for ODS management;
    • Assistance provided in the upgrade of the curriculum at the T. A. Marryshow Community College (TAMCC) to an Associate Degree Program;
    • Establishment of a scholarship program that has so far benefitted 33 students to undertake Certificate and Associate Degree programs at TAMCC;
    • Establishment and coordination of the Grenada Refrigeration, Air-condition and Ventilating Association;
    • A robust public awareness and education campaign for the major stakeholders

    Grenada’s role in the global effort to safeguard the fragile stratospheric ozone layer is exemplary and commendable.  At the international level, Grenada continues to attract world recognition and respect for its performance in the global quest to heal the ozone layer. 

    Grenada and other parties to the Montreal Protocol are now preparing to ratify the Kigali Amendment to the Montreal Protocol agreed to at the 28th Meeting of the Parties in Kigali Rwanda in October, 2016. The Kigali Amendment on hydrofluorocarbons (HFCs) commits the world’s nations to significantly reduce consumption and production of HFCs by 2050.

     

    Grelec - Our Team, Proud to Serve Our Nation; Series 7 of 7

    Bill Baptiste
    – Generation Mechanic, 9 years of service.

    "One of the core values of the company is teamwork. We’re dedicated to problem solving and delivering a great service."

    Good for ouR nation

    "We have a wonderful team that continually strives to provide our customers with greater energy security and the lowest possible cost by investing in improving efficiency and reliability. Together with our shareholders, customers and communities, we will continue to improve our service to energise national development, as it has been our pleasure to do over the years,"says Collin Cover, General Manager.

    For more stories on how the Grenlec Team Members are proud to serve our nation,
    CLICK HERE

     

     

     

     

     

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    Contact Information

    Grenada Chamber of Industry
    and Commerce
     
    Frequente, Building 11
    P.O. Box 129, St. George's
    Grenada, West Indies
     
    Tel: (473) 440 2937
    Tel: (473) 440 4485
    Fax: (473) 440 6627
    E-mail: gcic@grenadachamber.org

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