Senegal as an LNG Exporter? Stranded asset risks in the transition
Publication date
18 Dec 2023
Despite recent spikes in the global price of LNG, Senegal's fossil fuel hopes may be dashed with global trends. Scaled up renewable energy deployment, and electrification of gas end uses are increasingly likely to reduce global LNG demand. Before going all in on offshore oil and gas development, it is important that Senegal considers transition risks, its relative competitiveness, and what alternatives the Just Energy Transition Partnership may offer.