The Government of St. Maarten regulates the prices of petroleum products by imposing a maximum price at which wholesalers and retailers can sell these products on St. Maarten. Due to the ongoing developments on the international level, the prices of crude oil have experienced adjustments. Given the aforementioned, the general public is hereby informed that as of Saturday 18tb July 2015,
6:00am the maximum consumer prices ofULG and Diesel (gasoil) is adjusted as follows:
UGL
Diesel
Current Price
2.115 Naf/liter
1.618 Naf/liter
New Price
2.167 Naf/liter
1.618 Naf/liter
The price of Diesel (gasoil) remains as is.
Below is the complete price buildup showing all components that result in the new prices. All numbers are rounded to three decimal places.
Price buildup
Effective date 15-Jul-15
Petrotrin Posted Price USc/AG ... 245 ,
15-Jul-15
206
ULG
Petrotin Posted Price 1 .165
Freight 0.063
Insurance 0.000
Import Duty 0.290
Liquid throughput fee (THRX) 0.080
Wholesaler margin 0.230
Max. wholesale price 1.828
Turnovertax (5%) 0.091
Max. wholesale price incl. tax 1.919
Retailer margin 0.145
Consumer price 2.064
Turnovertax (5%) 0.103
Max. Consumer price incl. tax 2.1 67
ULG
0.080
0.230
1.347
Gasoil