Senegal as an LNG exporter: stranded asset risks in the transition

The report argues that Senegal's strategy to fund its 2035 emerging economy goals through fossil fuel exports faces significant stranded asset risks due to declining global LNG demand and the competitiveness of renewable energy.

• Senegal's investments in LNG export infrastructure are increasingly likely to become stranded assets because global demand for fossil gas is shrinking, particularly in Europe where renewable deployment is accelerating.
• The market for Senegalese LNG exports is expected to be highly constrained due to the cost competitiveness of existing producers, making these exports potentially unprofitable in both Paris-aligned and current policy scenarios.
• Oil and gas development in Senegal creates social and environmental risks, specifically threatening fishing communities that are vital for the country's food security and economy.

APA

NewClimate Institute (2023). Senegal as an LNG exporter: stranded asset risks in the transition. http://www.newclimate.org/resources/publications/senegal-as-an-lng-exporter-stranded-asset-risks-in-the-transition

Chicago

NewClimate Institute. Senegal as an LNG exporter: stranded asset risks in the transition. 2023. http://www.newclimate.org/resources/publications/senegal-as-an-lng-exporter-stranded-asset-risks-in-the-transition.

Wikipedia

{{cite report |author=NewClimate Institute |title=Senegal as an LNG exporter: stranded asset risks in the transition |date=18 December 2023 |url=http://www.newclimate.org/resources/publications/senegal-as-an-lng-exporter-stranded-asset-risks-in-the-transition |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{newclimateinstitute2023senegal, author = {{NewClimate Institute}}, title = {{Senegal as an LNG exporter: stranded asset risks in the transition}}, institution = {NewClimate Institute}, year = {2023}, month = dec, url = {http://www.newclimate.org/resources/publications/senegal-as-an-lng-exporter-stranded-asset-risks-in-the-transition}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }