Senegal energy report

• Senegal revised its electricity code in 2021. The government aims at ensuring universal access to electricity by 2025 and pursues its objective of 32% of renewables in the grid-connected power capacity by 2030.
• Senelec is the main power producer with 43% of the capacity. It owns the transport network and most of the distribution network.
• International oil companies are active in the upstream oil sector, while Total dominates the retail oil market.
• The country recently discovered significant offshore oil and gas resources.
• Most of the power capacity is covered by oil (56% in 2021), but wind and solar capacities are increasing rapidly.
• Fuel prices are among the highest in Western Africa.
• Senelec increased prices in 2020 to reflect cuts in oil subsidies that raised production costs.
• Electricity consumption is growing rapidly (6%/year since 2007).
• Oil supplies around 50% of the total energy consumption and biomass over 40%.
• The country plans to convert its coal and oil-fired plants to gas as gas production should start in 2023. It is developing interconnection with Mali, particularly through hydropower projects in partnership with OMSV and OMVG.

• Institutions & Energy Policy

  The Ministry of Petroleum and Energy prepares and implements the country's energy policy and supervises the public energy companies.

  The Ministry of Environment and Sustainable Development looks after environmental issues. The Ministry of Finance and Budget plays an important part in the financing of investments and energy prices.

• Energy Supply

  Oil:

  Nowadays, there is no oil production. Supplies are covered by imports of either crude oil or refined products. In 2021, Senegal imported 1 Mt of crude oil and 1.7 Mt of oil products.

• Energy Prices

  Oil:

  Oil taxes represent around 10% of the State's budgetary resources and oil products are heavily taxed. Consequently, the country has the highest diesel and gasoline prices in Western Africa.

• Energy Consumption

  Per capita energy consumption is 0.31 toe, including approximately 286 kWh of electricity (2021). The population increased by 2.8% in 2021, following the same annual trend as in the last decade.

  Total primary energy consumption is growing rapidly (+2.7%/year, on average, since 2010) and reached 5.3 Mtoe in 2021, more than twice its 2000 level.

• Issues & Prospects

  Gas:

  Large gas resources were discovered in the Grand Tortue Ahmeyim (GTA) gas field in 2014 between Senegal and Mauritania, that are estimated to hold around 425 bcm of gas (15 Tcf). The governments of Senegal and Mauritania signed an agreement in 2018 to equally split resources, taxes and revenues. On the Senegalese side, BP (60% stake), Kosmos (30%), and Petrosen (10%) are developing the field.

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

Download the Table of Contents

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

• 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$/l)
• GRAPH 6: Electricity prices for industry and households (US$c/kWh)
• GRAPH 7: Consumption trends by energy source (Mtoe)
• GRAPH 8: Total consumption market share by energy (2021, %)
• GRAPH 9: Final consumption market share by sector (2021, %)

In the Senegal 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.