Castries, Saint Lucia: The retail worth of the LPG 100 lb cylinder and Bulk (Wholesale) LPG has elevated in Saint Lucia from at this time onwards. The 45.36 kg cylinder will now price $274.38, whereas the brand new worth of the majority can be $2.61 per pound.
Notably, the outdated worth of the LPG 100-pound cylinder was $264.84 which has now witnessed an increment of $9.54. However, the outdated worth of the majority was $2.52 per pound on account of which the increment of $0.09 with the brand new worth of $2.61.
Moreover this, the retail worth of Gasoline, Diesel, Kerosene, the LPG 20 lb and 22 lb cylinders have remained unchanged.
The worth of Gasoline will price $3.63 per litre or $16.50 per gallon, whereas diesel will price $3.63 per litre or $16.50 per gallon to the residents of Saint Lucia. The retail worth of Kerosene can even stay unchanged which can be $2.58 per litre or $11.72 per gallon.
Coming to the price of the cylinder, the worth of the 20 20-pound cylinder which is 9.07 kg will price the identical. The worth of the cylinder can be $36.00, whereas the worth of the 20-pound cylinder which is 9.98 kg can even stay unchanged at $39.60.
In a brand new launch, the federal government of Saint Lucia introduced the brand new changes within the worth of petroleum merchandise on Monday morning. The federal government stated that the adjustments within the costs are available accordance with the change in worldwide oil costs.
The adjustments within the costs of petroleum merchandise have additionally marked the appliance of the federal government in the direction of the modified market pass-through petroleum pricing mechanism.
The federal government stated that they’ve given a subsidy of $18.88 per cylinder on the worth of the 20lb cylinder which is 9.07 kg. However, the 22 lb cylinder with a weight of 9.98 kg has been backed by the federal government on the worth of $20.76 per cylinder.
The announcement has additionally been made that the following adjustment of the gasoline worth can be made on Monday, March 4, 2024.