Senegal energy report

• Senegal has updated its oil and gas codes and aims at ensuring universal access to electricity.
• The Government has set a target of 30% of renewables in the power mix by 2025.
• Senelec is the main power producer with about half of the production 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.
• Senegal recently discovered significant offshore oil and gas resources.
• Most of the power capacity is covered by oil, 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.
• Energy consumption has doubled since 2000 and electricity consumption has increased nearly 5-fold.
• Oil supplies 57% of the total energy consumption and biomass over 35%.
• Senegal plans to convert its coal and oil-fired plants to gas over the next year, as its offshore gas fields are planned to come on stream around 2022.
• Senegal is developing many power transmission and distribution projects, including interconnection projects with Mali.

• 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:

  There is no oil production. Supplies are covered by imports of either crude oil or refined products. In 2019, Senegal imported 1 Mt of crude oil and 1.9 Mt of oil products.

• Energy Prices

  Oil:

  Oil taxes represent a quarter of the State's budgetary resources and oil products are heavily taxed (70% in the case of gasoline, 60% in the case of diesel). Consequently, the country has the highest diesel and gasoline prices in Western Africa.

• Energy Consumption

  Per capita energy consumption is 0.29 toe, including approximately 270 kWh of electricity (2019).

  Total energy consumption is growing rapidly (+3.6%/year, on average, since 2000) and reached 4.7 Mtoe in 2019, nearly twice its 2000 level.

  In 2019, oil covered 57% of the country's energy needs, biomass (mainly wood) 35%, and coal 7%.

• 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 15 Tcf (around 425 bcm) of gas. The governments of Senegal and Mauritania signed an agreement in 2018 to equally split resources, taxes and revenues.

• 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 (2019, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2019 %)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Electricity prices for industry and households (US$c/kWh)
• GRAPH 7: Consumption trends by energy source (Mtoe)
• GRAPH 8: Total consumption market share by energy (2019, %)
• GRAPH 9: Final consumption market share by sector (2019, %)

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.

The Senegal energy market data since 1990 and up to 2018 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:

• 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.
• Senegal Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Senegal 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).