Kudugas

from Wikipedia, the free encyclopedia

The Kudugas field is a natural gas field discovered by Chevron in 1974 off the southern coast of Namibia in the southeast Atlantic about 170 kilometers west of Oranjemund . It is said to have 1.3 TCF = 1.3 trillion (10¹²) cubic feet (36.8 billion cubic meters) of natural gas.

field

The natural gas field was discovered and explored from 1974. Numerous companies, including Royal Dutch Shell , Chevron Texaco and Energy Africa , held the license for this. In 2004 Tullow Oil took over "Energy Africa" ​​and thus acquired the license for the Kudugas field. In 2009 the mining and usage license was allocated to a consortium made up of the Namibian petroleum company NAMCOR and Gazprom (54%), the Japanese group Itochu (15%) and Tullow Oil (31%). At the beginning of June 2011, Gazprom sold its shares in GPB Neftegaz Services , also a Russian company . Tullow took over the shares from Itochu a little later.

Tullow Oil withdrew in October 2014 due to internal issues. The 46 percent stake held until then is to be transferred to companies from the People's Republic of China .

power plant

The construction of a pipeline up to 170 kilometers long (upstream) was announced by NamPower on April 2, 2013 . In addition, the contract for the construction of an 800 MW power plant 25 kilometers north of Oranjemund should be completed by the end of 2013 . Construction should be completed in 2017/18, but has not yet started (as of December 2018).

In September 2015, further planning was discontinued due to the cost explosion. It was expected to cost up to 42 billion Namibian dollars. The planning was resumed in October 2016 after the Norwegian majority owner BW Offshore accepted the costs under the name BW Kudu . The Namibian government has initially pledged 150 million of the total costs now estimated at 16.3 billion Namibian dollars. 56 percent of the shares were sold to BW Offshore in October 2016.

The development of the gas field and the construction of the power plant were put on hold in November 2019.

See also

Web links

Individual evidence

  1. ↑ Kudu gas field to Power Project. NAMCOR ( memento of July 1, 2012 in the Internet Archive ) accessed on June 3, 2012
  2. ↑ Tullow Oil website , accessed June 11, 2011.
  3. ^ "Plan B" for Kudugas, Allgemeine Zeitung, June 6, 2011
  4. ↑ 10/31/2014 morning news. Hitradio Namibia, October 31, 2014 ( memento of November 11, 2014 in the Internet Archive ) accessed on October 31, 2014
  5. ↑ Kudugas now on schedule. Allgemeine Zeitung, April 3, 2013, p. 1
  6. ^ Why finance is against Kudu. The Namibian, September 21, 2015 ( Memento of October 3, 2015 in the Internet Archive )
  7. ↑ October 4, 2016 - Morning News. Hitradio Namibia, October 4th, 2016.
  8. ↑ Kudu Gas shelved until investor is found: Alweendo. Namibia Press Agency, November 20, 2019.