CHANGE IN THE RETAIL PRICES OF LIQUEFIED PETROLEUM GAS (LPG)
In exercise of the powers conferred by the Price and Distribution of Goods Act (Cap 161), the following are the new maximum prices of Liquefied Petroleum Gas (GAS) as of Monday 1 February 2021:
- A 20lb gas will now sell for $33.95 in Area 1, $34.95 in Area 2, $35.95 Area 3 and $38.95 in Area 4, an increase of $3.10, since July 2020.
- A 25lb gas will now sell for $41.20 in Area 1, $42.20 in Area 2, $43.20 Area 3 and $46.20 in Area 4, an increase of $3.90, since July 2020.
- A 100lb gas will now sell for $164.70 in all areas except, Area 4 – which will sell for $185.70, an increase of $15.55 since July 2020.
Area 1: means areas within a radius of two miles of the courthouse, Kingstown.
Area 2: means areas adjoining Area I extending from Area I north-east to Langley Park and north – west to Keartons including all areas lying between Langley Park and Keartons;
Area 3: means all areas on the mainland, other than those falling within Area I & II
Area 4: means the Grenadines.
Under the Price and Distribution of Goods Act (Cap 161), no person shall in respect of any goods for which the maximum price has been fixed, sell or buy, or agree to sell or buy, any such goods at a price greater than the maximum prices.
Any person who contravenes this provision is guilty of an offence and liable to a fine of not less than fifteen hundred dollars but not more than three thousand dollars.