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Cameroon energy report

Cameroon energy report
Update
Format
3 files (PDF report, 2 Excel files)
Pages
29 (Report only)
Delivery
Immediate by e-mail
Table of Contents
  • GENERAL OVERVIEW
  • INSTITUTIONS AND ENERGY POLICY
  • ENERGY COMPANIES
  • ENERGY SUPPLY
  • ENERGY PRICES
  • ENERGY CONSUMPTION
  • ISSUES AND PROSPECTS
  • DATA TABLES
  • ABBREVIATIONS
  • GLOSSARY

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Overview

This analysis includes a comprehensive Cameroon energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.

Highlights

  • The country targets a share of 25% of renewables in the electricity mix in 2035 (excluding large hydro) and a 35% reduction in GHG emissions by 2030 compared to 2010.
  • 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 (6%/year).
  • Since a fire incident in 2019 at the country's sole refinery, all oil products have been imported.
  • The government plans to halve subsidies on gasoline and diesel in 2023.
  • Biomass covers around 2/3 of total energy consumption.
  • Cameroon plans to reach 6 GW of capacity by 2035 through the construction of several hydropower plants.
  • Investments are being made to renew, strengthen, and extend transmission and distribution networks to meet electrification targets.
25%
share of renewables in the power mix in 2035 (outside large hydro)
X 4
power capacity planned by 2035
X 4
gas production between 2017 and 2021
  • 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

    Oil:

    SNH (Société Nationale des Hydrocarbures) represents the State in the mixed oil companies: Sonara (Société Nationale de Raffinage) and SCDP (Société Camerounaise de Dépôts Pétroliers). It also directly operates the Mvia oil field since 2009. In 1999, SNH created a subsidiary company, Tradex, responsible for the export of crude oil and petroleum products.

  • Energy Supply

    Oil:

    Oil production remained stable in 2021 (3.6 Mt), after a 25% fall between 2016 and 2018. It had increased by 12%/year between 2011 and 2015 with the start of production of the Bojongo field and the growing production of the Inter-Inoua Barombi, Barombi Northeast and Padouk fields, operated by SNH. Oil production is still far below its 1984 peak level of 8.8 Mt.

  • Energy Prices

    Oil:

    In 2022, prices of oil products decreased, whereas international oil prices increased. Average prices were US$1.01/l for gasoline and US$0.92/l for diesel. In 2022, the government spent around XOF700bn on oil products subsidies to prevent a price surge for consumers. In 2023, the government plans to cut these subsidies by 50%, to CFAF 350bn. Consequently, prices are expected to rise.

  • Energy Consumption

    Total energy consumption per capita is 0.4 toe, including 255 kWh of electricity (2021).

    Total energy consumption has increased by 3%/year since 2016, reaching 10.6 Mtoe in 2021, after more rapid growth between 2010 and 2015 (5.5%/year).

  • Issues & Prospects

    Electricity:

    According to the long-term electricity sector development plan (PDSEN-2035), electricity demand is expected to reach between15 TWh (median growth scenario) and 17 TWh (high growth scenario) in 2035, mainly driven by rapid growth in industry (7-9%/year).

    In its NDC, the country planned to reach 6 GW of capacity by 2035 (compared with 1.7 GW in 2021).

  • GRAPH 1: CO2-energy Emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2021, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2021, %)
  • GRAPH 5: Gasoline & diesel prices (US$/l)
  • GRAPH 6: Consumption trends by energy source (Mtoe)
  • GRAPH 7: Total consumption market share by energy (2021, %)
  • GRAPH 8: Final consumption market share by sector (2021, %)
  • 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.

The Cameroon energy market data since 1990 and up to is included in the Excel file accompanying the Cameroon country report.
It showcases the historical evolution, allowing users to easily work with the data.

Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Cameroon Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Cameroon energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).