Ministry of Finance, Press Release – Sunday, February 3, 2019

The Ministry of Finance and The Guyana Oil Company wish to announce a significant reduction in prices for Motor Gasolene and Gasoil (LSD).

Starting tomorrow February 4th, 2019, Super 95 Gasolene will be sold – wholesale at $208.00 per litre or 4% less, and Gasoil (LSD) at $207.00 per litre or 10% less.

Simultaneously, retail customers will pay $218.00 per litre for Super 95 Gasolene or 4% less and $217.00 per litre for Gasoil (LSD) or 10% less.

These significant reductions are attributed to a decline in acquisition costs.

It will be recalled that the Government had approached CARICOM for the suspension of the Common External Tariff (CET) following the closure of Petrotrin – Guyana’s main fuel supplier. CARICOM”s subsequent approval would have also led to a reduction in acquisition costs.

The Government through The Guyana Oil Company is therefore proud to cause these reductions to the benefit of all consumers.



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Coronavirus disease spreads primarily through contact with an infected person when they cough or sneeze. It also spreads when a person touches a surface or object that has the virus on it, then touches their eyes, nose, or mouth. We urge citizens to practice good hygiene and social or physical distancing also adhere to the guidelines provided by the Ministry of Health, Guyana.