Government of Antigua and Barbuda maintains Fuel Prices at the Pump

The content originally appeared on: Antigua News Room
Handle fuel nozzle to refuel. Vehicle fueling facility.

PRESS RELEASE Update on Fuel Prices

The West Indies Oil Company (WIOC) has reported a one (1) per cent decline in the cost of gasoline and a nine (9) per cent increase in the cost of diesel.

Based on the refined pass-through mechanism for fuel prices, which takes into account revenue assurance, price stability, and maintenance of subsidies for certain petroleum products, the Government has decided to maintain the retail prices at the pump.CLICK HERE TO JOIN THE WHATS APP GROUP

 

Effective Wednesday 28, February 2024, fuel prices will be as follows:

Gasoline: $13.99 per gallon
Diesel: $14.25 per gallon
20 Pound LPG: $32.00 per Bottle
25 Pound LPG: $40.00 per Bottle
100 Pound LPG: $155.00 per Cylinder

The average regional prices for gasoline and diesel are currently $15.36 and $15.88 respectively while the regional average for the 20 pound and 100 pound cylinder of LPG is $38.58 and $200.36 respectively.

To support affordability for consumers, the Government continues to provide the following subsidies:

20 Pound LPG: Subsidy of $5.16 per bottle
25 Pound LPG: Subsidy of $6.45 per bottle
100 Pound LPG: Subsidy of $17.64 per cylinder

Margins for WIOC, inland transport, and gas station dealers remain unchanged.

CLICK HERE TO JOIN THE WHATS APP GROUP

CLICK HERE TO JOIN THE WHATS APP GROUP

CLICK HERE TO JOIN THE WHATS APP GROUP

CLICK HERE TO JOIN THE WHATS APP GROUP

CLICK HERE TO JOIN THE WHATS APP GROUP

CLICK HERE TO JOIN THE WHATS APP GROUP

CLICK HERE TO JOIN THE WHATS APP GROUP

CLICK HERE TO JOIN THE WHATS APP GROUP

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CLICK HERE TO JOIN THE WHATS APP GROUP

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