Fuel Prices Togo

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Part of: GIZ International Fuel Price database
Also see: Togo Energy Situation

Fuel Pricing Policies

Local Currency: FCFA
Exchange Rate: 472.9


Last Update:

"Pricing policy: A 2002 decree established an automatic pricing mechanism, requiring adjustments when benchmark prices varied by ±5%. In the face of soaring world oil prices in 2007–08, government did not adjust prices in line with world prices, and a government audit found that the net shortfalls borne by oil companies had grown to 1.5% of GDP. When world prices fell in 2008 and 2009, government maintained price levels in the hope of making up for the accumulated shortfall. The principle of automatic price adjustments was reaffirmed in a decree issued in Nov 2010, but government did not start adjusting retail prices until Jun 2011 and fuel subsidies soared between Jan and May 2011. Taxes on petroleum products were waived in mid-2011. Prices have been frozen since, except for LPG."

(Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)

Fuel Prices and Trends

Gasoline 95 Octane Diesel
in USD*

in Local Currency

* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil

Fuel Price Composition

Price composition.

No information available.

At a Glance

Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
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Sources to the Public


Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices

This is a living document. If you have any comments or suggestions, please feel free to contact us: Armin.Wagner@giz.de