(3 minutes read)
The renewed viability of the Kudu Gas Project opens new prospects for Namibia, and the Namibian government is pushing for it to be developed in collaboration with South Africa.
With the recent discovery by Total Energy and Shell Namibia in the Orange basin, there is a lot of associated gas that in itself has started to change the economic narrative of Kudu Gas. Namibia is in discussion with its neighbour, South Africa because with their participation the project will be more viable. Combining energy resources makes it a much easier project to do, stated Namibian Minister of Mines and Energy Tom Alweendo.
Kudu Gas was established way back in the 1970s and it was not developed due to the economics of it. Now the economics of Kudu has changed, the energy poverty is real and the country needs to exploit this resource in an efficient manner, he explained.
The Minister highlighted that Namibia and several other countries in Africa face a significant energy deficit, which limits economic growth and negatively affects the living standards of the citizens. There is a need to critically think about how to navigate the severe energy shortage in the country and on the continent. This can be done by understanding the complexities of energy through the economic, environmental, and political crises faced today, revealing what is really going on and how best to respond.
This is a critical time for our planet that demands critical thinking. Namibia is a fossil-fuelled economy and currently cannot substitute it with one fuelled by renewables. The country lacks the minerals and materials needed. He asserted energy transition cannot be managed in a simplistic manner, as there is a need to decide between growth and degrowth when it comes to economies.
Read Also:
https://trendsnafrica.com/namibia-south-africa-bilateral-trade-n67-1-billion/
https://trendsnafrica.com/namibia-signs-mou-on-energy-cooperation-with-qatarenergy/
https://trendsnafrica.com/namibia-looks-up-key-sectors-for-growth-job-creation/
According to NAMCOR, the Kudu Project Development has its purpose in the development of the Kudu Gas Field located offshore. The Kudu gas discovery is in the northern Orange sub-basin approximately 130km off the south-west coast of Namibia. It is situated in Petroleum Production Licence 003 (“PPL003”), which has an area of 4,567 square kilometres and the field water depth is approximately 170 metres.
The gas produced from the Kudu Gas field will be transported in a 170-km pipeline to a power station that will be built and situated at Uubvlei, approximately 25km north of Oranjemund, in southern Namibia.
