70%
electrification rate in 2020
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This analysis includes a comprehensive Senegal 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 2021 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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Highlights
70%
electrification rate in 2020
56%
of oil-fired power capacity in 2021
32%
of renewables in grid-connected capacity in 2030
Abstract
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.
Below is a list of the Senegal energy market report graphs:
In the Senegal energy market report you will find the following tables:
The Senegal energy market data since 1990 and up to 2021 is included in the Excel file accompanying the Senegal country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
The Senegal country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
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