On June 1, 2026, the Gambian government announced a significant reduction in the retail price of gasoil (diesel), lowering it from D120 to D115 per litre through a subsidy intervention worth more than D150 million (approximately $3.7 million).
The Ministry of Petroleum, Energy and Mines said the move is part of ongoing efforts to shield households, transport operators, and businesses from the impact of volatile global fuel markets. Petrol prices remain unchanged at D112 per litre.
Officials emphasized that the subsidy aims to absorb part of the cost increases driven by international petroleum market conditions and supply chain pressures. “This intervention reflects the government’s commitment to easing the financial burden on Gambians while maintaining affordability in the face of global uncertainty,” the ministry stated.
Fuel pricing reviews, according to the ministry, are conducted through a transparent and evidence-based process that balances international market dynamics with national economic priorities. The government pledged to continue working with stakeholders to ensure a stable and sustainable petroleum sector.
