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Ministry of TEATT Announces Increase in Gasoline Prices Effective May 13.

PHILIPSBURG:--- The Government of St. Maarten has announced an increase in the maximum consumer price of unleaded gasoline (ULG), effective Wednesday, May 13, 2026, at 6:00 a.m., according to a public notice issued by the Ministry of Tourism, Economic Affairs, Traffic, and Telecommunication (TEATT).
Under the revised pricing structure, the maximum consumer price for ULG gasoline will rise from 3.097 XCG per liter to 3.202 XCG per liter. Meanwhile, the price of gasoil (diesel) will remain unchanged at 2.968 XCG per liter.
Officials stated that the increase is linked to developments in the international fuel market and to the need for fuel supplier SOL to restock at higher purchase costs. According to the announcement, world market prices for gasoline increased while diesel prices remained stable, forcing SOL to acquire ULG fuel at elevated rates verified by the Department of Economic Affairs, Transportation and Telecommunication against international postings.
The government explained that St. Maarten regulates petroleum prices by imposing a maximum selling price for wholesalers and retailers across the island. The updated pricing includes factors such as freight charges, import duty, wholesale margins, turnover taxes, and retailer margins.
The Ministry emphasized that all calculations were rounded to three decimal places and included in the official price buildup


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