Namibia’s long-delayed Kudu gas-to-power project is alive and well, the operator of the Kudu license, BW Kudu announced on Monday.
The operator who is partnering with Namibia’s National Petroleum Corporation (Namcor), in a statement said they believe in the Kudu field, and have the required resources to develop it.
Significant work and resources have been put and efforts will be made to examine how to best develop the Kudu gas field to benefit Namibia, said BW Kudu Country Manager, Klaus Endresen.
According to the Endresen, the state power utility NamPower has decided not to include Kudu gas-to-power in their recently announced 5-year strategic plan.
“The original Kudu gas project is undergoing change to adapt to the new plans,” he added.
Endresen said since earlier this year, BW Kudu and partner Namcor have been examining various alternatives for the use of the Kudu gas.
“We expect to announce new plans for Kudu gas in due course and will update the public accordingly,” he said.
The Kudu gas field is a significant natural resource containing about 0.75 to 1.3 trillion cubic feet of gas and the Kudu license held by BW Kudu and Namcor is valid until 2036.
BW Kudu is a subsidiary of BW Offshore Ltd, which is listed on the Oslo Stock Exchange in Norway. Enditem