Senegal Government Increases Super-Carburant and Gasoil Prices from August 15

• The Senegalese government increased supercarburant and gasoil prices starting from August 15, 2026.
• The price hike is due to a revision of tariffs on major fuels, bringing prices back to pre-December 2025 levels.
• Senegal has been absorbing the financial shock alone to preserve household purchasing power since the beginning of 2026.
• The government cited the degradation of the international situation as the reason for this decision.

The conflict in the Middle East that occurred at the end of February 2026 led to a drastic increase in global crude oil prices, resulting in a 69% increase in gasoil and 61% increase in supercarburant on international markets.

The government of Senegal announced on August 14, 2026, that it will increase the prices of supercarburant and gasoil starting from August 15. The price hike is due to a revision of tariffs on major fuels, which brings the prices back to their pre-December 2025 levels. However, the prices of liquefied petroleum gas (GPL) and fishing essence remain unchanged.

The government cited the degradation of the international situation as the reason for this decision. The conflict in the Middle East that occurred at the end of February 2026 led to a drastic increase in global crude oil prices, resulting in a 69% increase in gasoil and 61% increase in supercarburant on international markets.

Senegal has been absorbing the financial shock alone to preserve household purchasing power. Since the beginning of 2026, the state has injected over 245 billion FCFA in direct subsidies for the fuel sector.

The price hike is a result of the government's decision to adjust tariffs on major fuels. This adjustment brings the prices back to their pre-December 2025 levels, which were lowered at that time. The government has been absorbing the financial shock alone to preserve household purchasing power.

However, if the price hike had not occurred, the subsidy bill for the energy sector would have reached 1,069 billion FCFA by the end of 2026, exceeding the initial budget of 250 billion FCFA voted by the National Assembly. This would have put a significant strain on public budgets allocated to healthcare, education, agriculture, and social welfare programs.

The adjustment will alleviate the public effort by approximately 9.7 billion FCFA per month, while maintaining subsidized prices. The real import cost is 1019 F CFA for supercarburant and 1044 F CFA for gasoil.

The price hike may have a significant impact on businesses operating in Senegal, particularly those reliant on imported fuel. The increased costs may lead to operational difficulties for these companies.

To mitigate the social impact of this measure, the government has assured that mechanisms protecting vulnerable populations will be reinforced. Additionally, the authorities guarantee the continuity of supply across the national territory.

Lawyers and compliance officers should watch for the potential impact on businesses operating in Senegal, particularly those reliant on imported fuel, as the price hike may lead to increased costs and potentially affect their operations.

Source: Original reporting via SenePlus