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GOVERNMENT PROVIDES ADDITIONAL FUEL SUBSIDY SUPPORT TO CUSHION HIGHER IMPORT COSTS

5 Oct 2026 · 2m read

The Government of Saint Lucia is providing additional subsidy support for gasoline, diesel and cooking gas to cushion the impact of higher import costs on consumers. Gasoline, diesel, kerosene and the 20-lb and 22-lb cooking gas cylinder prices remain unchanged from October 5 to 25, 2026. 

The 100-lb cooking gas cylinder and bulk cooking gas also receive increased subsidies to limit the impact on consumers. Even with this support, their retail prices have increased. 

Under the Government's modified market pass-through petroleum pricing mechanism, the retail prices effective October 5, 2026, are as follows: 

  • Gasoline remains unchanged at $17.25 per imperial gallon or $3.79 per litre. 
  • Diesel remains unchanged at $17.25 per imperial gallon or $3.79 per litre. 
  • Kerosene remains unchanged at $10.41 per imperial gallon or $2.29 per litre. 
  • Liquefied Petroleum Gas (LPG) 20-lb cylinder remains unchanged at $36.00 per cylinder. 
  • LPG 22-lb cylinder remains unchanged at $40.00 per cylinder. 
  • LPG 100-lb cylinder increases from $314.88 to $324.88 per cylinder. 
  • Bulk LPG increases from $3.02 to $3.12 per pound. 

Subsidies reduce the amount consumers pay by covering part of the cost. For this period, the government provides $0.16 per imperial gallon of gasoline, $2.40 per imperial gallon of diesel and $5.22 per imperial gallon of kerosene. 

The subsidy on the 20-lb cooking gas cylinder increases to $40.47, while the subsidy on the 22-lb cylinder increases to $44.11. Without these subsidies, the cylinders would cost $76.47 and $84.11, respectively, compared with their current selling prices of $36.00 and $40.00. 

The 100-lb cylinder receives an increased subsidy of $57.45, while the bulk LPG subsidy increases to $0.57 per pound. Without this support, their prices would be $382.33 per cylinder and $3.69 per pound, respectively. 

During the reference period from September 7 to 27, 2026, renewed military conflict involving the United States and Iran, disruption to oil shipments through the Strait of Hormuz and other pressures on global supply contributed to higher international oil prices. The average price of West Texas Intermediate (WTI) crude oil rose by 13.3 per cent to US$97.50 per barrel. Against this background, Saint Lucia's import costs for gasoline, diesel and LPG also increased. Government's additional support reduces the extent to which these higher costs are passed on to households and businesses. 

These prices apply until October 25, 2026. The next fuel price adjustment is expected on October 26, 2026, in keeping with the three-week pricing cycle.