Kudu scaled down to 442 MW

24 April 2018 | Energy

The Kudu gas-to-power project has been scaled down from an initial 800 megawatts (MW) to just 442 MW.

This is to allow it to fit into NamPower's future power-generation plans.

The announcement was made by deputy energy minister Kornelia Shilunga in a recent budget motivation in the National Assembly.

According to her, technical detail changes to the Kudu project have been made to make it a better fit for NamPower's long-term generation plans.

“Following a review of the process which began in July 2017, informed by the current regional power market dynamics, Kudu project stakeholders have made a decision to resize the Kudu power station to 442 megawatts, requiring 60 million standard cubic feet per day over a 25-year gas sales agreement,” Shilunga said.

“The lower gas off-take over a longer concession will make the Kudu power station a better fit within NamPower's generation needs and financial capabilities.”

Ownership of the Kudu project was changed when BW Offshore came in as the co-developer of the planned power station, which is to be developed near Oranjemund.

BW Offshore subsidiary BW Kudu took up a 56% stake in the Kudu licence, while the National Petroleum Corporation of Namibia (Namcor) holds the remaining 44% stake.

The Kudu gas field was discovered in 1974 by Chevron, about 170 kilometres offshore.

Subsequently various operators, including Shell and Tullow Oil, drilled a further seven appraisal wells before withdrawing from the concession after failing to secure a commercial outlet for the gas.

One of these outlets at one point also included South Africa's Eskom, for the sale of gas and electricity that was to be produced onshore at the planned Ubvlei power station.

It is believed that Kudu can remain in production for between 15 and 25 years

OGONE TLHAGE

Similar News

 

Millions invested in Trekkopje solar project

2 weeks ago - 27 September 2018 | Energy

Bank Windhoek, in conjunction with Enertronica Group, recently financed the construction of the Trekkopje solar project in the Erongo Region as part of the development...

Nored accused of 'daylight robbery'

4 weeks ago - 18 September 2018 | Energy

Nored has failed to explain how an already settled account of N$7 411 ballooned to N$32 343.A 73-year-old resident of Ekolyanaambo village near Ondangwa in...

Namcor will explain

1 month - 17 September 2018 | Energy

JEMIMA BEUKES The National Petroleum Corporation of Namibia (Namcor) board chairperson, Patrick Kauta, says he will write to mines...

Alweendo ­inaugurates N$100m solar plant

1 month - 13 September 2018 | Energy

Namibia's first privately owned independent power producer (IPP) solar photovoltaic (PV) plant, built to the tune of nearly N$100 million, has been officially inaugurated by...

Motorists irked by fuel price hike

1 month - 05 September 2018 | Energy

“Ungodly” is how one Windhoek motorist reacted to the news that fuel prices increased by 40 cents a litre at midnight.The Walvis Bay pump price...

More fuel shocks

2 months ago - 17 August 2018 | Energy

Independent economist Klaus Schade says the weakening of the South African rand means motorists in that country and Namibia will continue to fork out more...

Nam still too reliant on power imports

2 months ago - 13 August 2018 | Energy

Namibia is in the process of becoming more self-sufficient in terms of electricity production, the minister of mines and energy, Tom Alweendo, said last week...

Namcor fuel import bid needs 'tweaking'

2 months ago - 13 August 2018 | Energy

Namcor has had to go back to the drawing board as it makes a renewed bid to have its 50% fuel import mandate restored by...

Southern RED to be operational this year

2 months ago - 08 August 2018 | Energy

Consultations with municipalities in the south, the Electricity Control Board and the ministry of energy seem to indicate that the Southern Regional Electricity Distributor (Sored)...

Alweendo sticks to his guns on fuel storage

2 months ago - 08 August 2018 | Energy

OGONE TLHAGEEnergy minister Tom Alweendo feels that if any entity should manage the strategic fuel storage facility in the port of Walvis Bay, it should...

Latest News

Katrina targets sex pests

17 hours ago | Education

A draft bill makes it compulsory for education minister Katrina Hanse-Himarwa to report those impregnating schoolgirls aged younger than 16 to the relevant authorities, while...

Plundered into poverty

17 hours ago | Economics

The country's raw materials continue to benefit foreign multinationals and a handful of locally connected tenderpreneurs.Despite the government's undertaking to promote 'Growth at Home' to...

Otjikoto remains a B2Gold heavyweight

17 hours ago | Business

Jo-Maré Duddy – The Otjikoto gold mine, majority-owned by B2Gold Corp, was the third biggest contributor to the Vancouver-based miner’s total production for the first...

SPYL dismayed by SOE misery

17 hours ago | Politics

The Swapo Party Youth League (SPYL) is dismayed by the squabbles and leadership battles haunting state-owned enterprises (SOEs), and has called on line ministers to...

Corruption claims taint army

17 hours ago | Columns

Namibian Sun lifted the veil last week on corruption allegations in the Namibia Defence Force (NDF), where deserving soldiers are allegedly being overlooked for promotions,...

Buy-A-Brick initiative targets 1000...

17 hours ago | Economics

These houses are meant for Namibians in the low-­to-no income groups after ­co-partners in the private sector expressed interest in funding the ­programme. Standard Bank...

New twist in Kahimise study...

17 hours ago | Government

A study loan that forms the basis of an alleged politically motivated attempt to suspend Windhoek CEO Robert Kahimise was approved by the human resources...

Mutorwa reinstates Gawanas-Vugs

17 hours ago | Transport

Transport minister John Mutorwa has reversed his decision to fire Beverly Gawanas-Vugs from the Namibia Airports Company (NAC) board.Mutorwa fired the entire NAC board last...

Company news in brief

17 hours ago | Business

Pick n Pay H1 profit jumpsSouth African supermarket chain Pick n Pay Stores yesterday said half-year profit before tax jumped 19.1% as price cuts attracted...

Load More