Senegal's Big LNG Gamble

An executive summary by the International Institute for Sustainable Development (IISD) analyzing the economic and environmental risks of Senegal's strategy to become a liquefied natural gas (LNG) exporter, particularly in the context of declining European demand and the availability of renewable energy alternatives.

• Senegal's strategy to expand LNG production is characterized as a gamble that risks creating stranded assets, as projects may not be operational until the mid-2030s while European demand is expected to decrease starting in 2025.
• The pursuit of LNG expansion may not provide the expected economic benefits; revenues might not reach government budgets if profits are reinvested into further deployment, and the strategy increases vulnerability to international price shocks and fossil fuel dependency.
• LNG investments are deemed unnecessary for meeting energy targets because renewable energy is already positively impacting the economy with falling costs, whereas LNG carries social, economic, and environmental risks, including reduced fishing water access for coastal communities.

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} }