Cameroon energy report

• The country targets a share of 25% of renewables in the electricity mix in 2030 (excluding large hydro) and a 32% reduction in GHG emissions by 2035 (excluding LULUCF).
• Eneo is the main power generator.
• Perenco and Victoria Oil & Gas are the key players in the country's oil and gas sector.
• Electricity generation has been growing very rapidly since 2012 (8%/year).
• Around 90% of oil production is exported. A fire in the refinery in 2019 forced the country to import all its oil products.
• The prices of oil products remain quite high after the Government cut some of its costly fuel subsidies, and are stable despite falling international prices.
• Biomass covers around 2/3 of total energy consumption.
• Cameroon plans to reach 3 GW of capacity by 2030 through the construction of several hydropower plants.
• Investments are being made to renew, strengthen, and extend the transmission and distribution networks to meet electrification targets.

• Institutions & Energy Policy

  The Ministry of Water and Energy (MINEE) is in charge of the design and implementation of the national energy policy.

• Energy Companies

  Gas:

  Victoria Oil & Gas, through its subsidiary Gaz du Cameroun (GDC), is developing the Logbaba field, which started producing in 2012. It is also exploring the Matanda block (75% GDC, 25% Afex) and owns and operates the Logbaba gas processing plant. With an investment of US$110m, Victoria now holds the totality of the project and a production licence of 25 years.

• Energy Supply

  Resources:

  Cameroon has significant gas reserves (148 bcm, end of 2020), but modest oil reserves (34 Mt). Cameroon has the second greatest hydroelectric potential in Africa: 23 GW of technical potential, 40% of which is exploitable under good economic conditions (105 TWh/year). Wood reserves are abundant, especially in the southern part of the country.

• Energy Prices

  Oil:

  The prices of oil products in Cameroon are slightly higher than the regional average.

• Energy Consumption

  Total energy consumption per capita is 0.4 toe, of which 270 kWh is electricity (2019).

  Total energy consumption increased slightly, by 2%/year since 2015, to reach 9.9 Mtoe in 2019, after very rapid growth between 2013 and 2015 (+33%).

• Issues & Prospects

  Gas:

  The development of LPG produced from natural gas should limit deforestation in the short term and enable LPG exports to Europe in the long term.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY COMPANIES
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the Cameroon energy market report graphs:

• GRAPH 1: CO₂-energy Emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2019, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2019, %)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Consumption trends by energy source (Mtoe)
• GRAPH 7: Total consumption market share by energy (2019, %)
• GRAPH 8: Final consumption market share by sector (2019, %)

In the Cameroon energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.