PHILIPSBURG:--- The Government of St. Maarten has announced an increase in fuel prices, citing rising costs on the international market and the need for local suppliers to restock at higher rates. The adjustment, which took effect at 6:00 a.m. on April 3, 2026, impacts both gasoline (ULG) and diesel (gasoil) prices across the island.
According to the official public announcement, the government regulates petroleum prices by setting maximum allowable rates for wholesalers and retailers. Recent global developments have driven up fuel prices worldwide, forcing suppliers such as SOL to purchase gasoline and diesel at significantly higher costs. These increases were verified by the Department of Economy, Transportation, and Telecommunication before the adjustment was implemented.
Under the new pricing structure, the maximum consumer price for gasoline (ULG) has risen from 2.850 to 3.055 guilders per liter. Diesel (gasoil) has also seen an increase, climbing from 2.679 to 2.716 guilders per liter.
The detailed price breakdown provided in the announcement shows that several components contributed to the increase, including freight costs, import duties, and wholesale margins. The government emphasized that all figures were carefully calculated and rounded to three decimal places to ensure transparency in the pricing structure.
Officials noted that while the increase may place additional pressure on consumers and businesses, the adjustment is necessary to maintain a stable fuel supply on the island. Without the price revision, suppliers would face difficulties sustaining operations under current market conditions.
The Ministry of Tourism, Economic Affairs, Traffic, and Telecommunication reaffirmed its commitment to monitoring global fuel trends and ensuring that local pricing remains fair and reflective of international realities.
Residents are encouraged to stay informed through official government channels for any future adjustments as market conditions continue to evolve.
