Petrojam announces big reprieve from crippling gas prices
Gavin Riley / Our Today
administrator
The motoring public and industry giants are collectively breathing a sigh of relief as State-owned refinery, Petrojam, unveiled sweeping cuts to its pricing regimen today (August 10).
Petrojam, in its latest petroleum product index, advised that the base price for 87-octane gasolene has been further reduced by J$4.50, now closing at J$209.36, effective tomorrow.
The cost cuts were consistent for all major items on Petrojam’s index, but less steep for kerosene and ultra low-sulphur diesel (ULSD), which are both priced $0.25 lower.
It marks a savings total of J$6.53 for Jamaican motorists over the last nine weeks at the pumps, following a wave of anaemic price cuts by Petrojam up to August 4. The refinery’s last increase was in June 2022.
It is expected, however, that retailers may add their mark-ups to the announced prices.
See breakdown of prices below:
| Product | Price per unit (Effective August 11, 2022) | Price change (from last week) |
| Gasolene 87 | $209.36 | -$4.50 ($213.86) |
| Gasolene 90 | $214.38 | -$4.50 ($218.88) |
| Auto diesel | $224.76 | -$4.50 ($229.26) |
| Kerosene | $203.30 | -$0.25 ($203.55) |
| Propane | $65.18 | -$2.53 ($67.71) |
| Butane | $73.18 | -$2.13 ($75.31) |
| ULSD | $231.74 | -$0.25 ($231.99) |
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