PHILIPSBURG, St. Maarten – 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 an international level, the prices of crude oil have experienced adjustments.
Given the aforementioned, the general public is hereby informed that as of Thursday June 11th 2015, 6:00am the maximum consumer price of ULG and Diesel (Gasoil) is adjusted as follows:
Current Price New Price
Unleaded Gasoline (ULG) 2.036 Naf/Liter 2.115 Naf/Liter
Diesel 1.545 Naf/Liter 1.618 Naf/Liter
Below is the complete price buildup showing all components that result in the new prices. All number are rounded to three decimal places.
Components ULG – Naf per liter Gasoil – Naf per liter
Petrotin Posted Price 1.117 0.974
Freight 0.063 0.063
Insurance 0.000 0.000
Import Duty 0.290
Liquid throughput fee (THRX) 0.080 0.080
Wholesaler margin 0.230 0.230
Max. wholesale price 1.780 1.347
Turnover tax (5%) 0.089 0.067
Max. wholesale price incl. tax 1.869 1.415
Retailer margin 0.145 0.126
Consumer price 2.014 1.541
Turnover tax (5%) 0.101 0.077
Max. Consumer price incl. tax 2.115 1.618
GAS PRICES GO UP IN ST MAARTEN TODAY