Senegal's Big LNG Gamble

The report argues that Senegal's investment in LNG is a high-risk gamble that could lead to stranded assets and entrenched fossil fuel dependency, especially as European demand is forecast to decline. It suggests that prioritizing renewable energy is a safer and more effective path to meeting energy targets and economic growth.

• Senegal's expansion into LNG production is characterized as a gamble that may lead to stranded assets, as projects are unlikely to be operational until the mid-2030s while European demand is expected to decrease starting in 2025.
• The economic benefits of LNG are uncertain; significant infrastructure costs are required, and revenues may not reach government budgets if profits are reinvested into further deployment, leaving the economy vulnerable to international price shocks.
• LNG development poses environmental and social risks, including reduced access to fishing waters for coastal communities, while renewable energy offers a lower-risk alternative that is already benefiting the economy.

APA

Bridle,, B. V. (2024). Senegal's Big LNG Gamble. International Institute for Sustainable Development. https://www.iisd.org/publications/report/senegal-lng-gamble

Chicago

Bridle,, Bathandwa Vazi,Richard. Senegal's Big LNG Gamble. International Institute for Sustainable Development, 2024. https://www.iisd.org/publications/report/senegal-lng-gamble.

Wikipedia

{{cite report |last1=Bridle, |first1=Bathandwa Vazi,Richard |title=Senegal's Big LNG Gamble |publisher=International Institute for Sustainable Development |date=18 September 2024 |url=https://www.iisd.org/publications/report/senegal-lng-gamble |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{bridle2024senegals, author = {Bridle,, Bathandwa Vazi,Richard}, title = {{Senegal's Big LNG Gamble}}, institution = {International Institute for Sustainable Development}, year = {2024}, month = sep, url = {https://www.iisd.org/publications/report/senegal-lng-gamble}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }