Ivory Coast energy report
This analysis includes a comprehensive Ivory Coast 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 2018 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.
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Institutions & Energy Policy
The Ministry of Petroleum, Energy and Renewable Energies is responsible for the implementation and monitoring of the energy policy through two directorates (hydrocarbons and energy). It oversees the state-owned energy companies.
The Ministry of Environment and Sustainable Development is in charge of climate policy and renewables.
After a 68% decrease between 2006 and 2014, oil production rose by 100% between 2014 and 2017, to reach 2 Mt. In 2018, crude oil output decreased by 5% to 1.9 Mt.
Three offshore oil fields are in production: Baobab, Lion and Espoir.
The Baobab field was set into production in 2005, but does not currently produce at full capacity. It produced 50 000 bbl/d in 2016.
The tariff policy is laid down by the Government according to the following broad principles:
- a tariff structure based on consumers' socio-economic situations and on social and economic policy goals;
- a flat rate for the whole territory;
- a pricing system with incremental long-term costs.
Energy consumption per inhabitant was around 0.42 toe in 2018, including 260 kWh of electricity.
The total energy consumption has increased rapidly since 2011 (3.3%/year).
Biomass (wood, charcoal, and agricultural waste) represents 60% of total consumption, oil 23%, and gas 16%.
Issues & Prospects
The IMF expects sustained economic growth at around 7% for the next 5 years.
- GENERAL OVERVIEW
- INSTITUTIONS AND ENERGY POLICY
- ENERGY SUPPLY
- ENERGY PRICES
- ENERGY CONSUMPTION
- ISSUES AND PROSPECTS
- DATA TABLES
Below is a list of the Ivory Coast energy market report graphs:
- GRAPH 1: CO2-energy emissions (MtCO2)
- GRAPH 2: Installed electric capacity by source (2018, %)
- GRAPH 3: Gross power production by source (TWh)
- GRAPH 4: Power generation by source (2018, %)
- GRAPH 5: Gasoline & diesel prices (US$/l)
- GRAPH 6: Consumption trends by energy source (Mtoe)
- GRAPH 7: Total consumption market share by energy (2018, %)
- GRAPH 8: Final consumption market share by sector (2018, %)
In the Ivory Coast 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.
The Ivory Coast energy market data since 1990 and up to 2018 is included in the Excel file accompanying the Ivory Coast 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.
- Ivory Coast Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Ivory Coast 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).
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