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

 

More fuel shocks

5 days 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

1 week 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'

1 week 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 weeks 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 weeks 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...

Fuel increases today

3 weeks ago - 01 August 2018 | Energy

Motorists will have to dig deeper into their pockets after yet another fuel price hike today, this time caused by a fuel tax increase.The energy...

Fuel goes up tomorrow

3 weeks ago - 31 July 2018 | Energy

Namibians can brace themselves for yet another fuel price increase tomorrow due to a fuel tax increase. The energy ministry announced that fuel prices will...

Pensioners urged to register for Nored support tariffs

4 weeks ago - 25 July 2018 | Energy

As the Northern Regional Energy Distributor (Nored) hikes its electricity tariffs, pensioners and other customers in the same category have been urged to register with...

//Karas faces power cuts

1 month - 05 July 2018 | Energy

NamPower has resolved to suspend the power supply to a number of villages and town councils, government departments and customers with long outstanding accounts in...

There will be power – Nampower

2 months ago - 14 June 2018 | Energy

Nampower has assured the public that there will be no power outage tomorrow, as was stated in a widely circulated WhatsApp message. The message read:...

Latest News

Breaking our World Cup duck

19 minutes ago | Columns

Our hearts swelled with pride and joy when the national rugby side defeated Kenya 53-28 this past weekend to not only win the Africa Gold...

Bank Windhoek, Capricorn launch Private...

19 minutes ago | Banking

STAFF REPORTERThe offering unites the very best that Bank Windhoek and Capricorn Asset Management have to offer to create a boutique financial offering that caters...

Loerie Award spreads Buy-a-Brick message...

19 minutes ago | Business

STAFF REPORTERThis time the agency did it by picking up a Loerie Award for a temporary structure called ‘The Shack’, which won in the category...

Listeriosis impacted pig producers

19 minutes ago | Agriculture

The outbreak of listeriosis in South Africa was one the major challenges which Namibian pig producers experienced during the past year. This was highlighted during...

Farms to pay municipal rates

19 minutes ago | Agriculture

Following the announcement by the City of Windhoek that farmers within Windhoek's extended borders will have to pay municipal rates, the Namibian Agricultural Union (NAU)...

Company news

19 minutes ago | Business

AngloGold swings back into H1 profitAngloGold Ashanti swung back into a first-half profit on the back of higher production and lower-than-expected retrenchment costs, Africa’s top...

Northwest winning poaching war

19 minutes ago | Environment

Rhino poaching in the northwest of Namibia has declined by 80% since it peaked in 2013. This is according to the CEO of Save the...

Land Rover on the trail...

19 minutes ago | Motors

Land Rover has embarked on an unexpected expedition to preserve the precious African rhinoceros and its habitat by joining an urban rhino trail across London....

The adrenaline-pumping New Mégane R.S....

19 minutes ago | Motors

The New Mégane R.S. was first unveiled at the Frankfurt Motor Show in September 2017, and it is with pride that Renaults now offers this...

Load More