Kudu Gas Power Station in Omund!

[Michael Alexander]

From an article I read today on an overseas energy based forum.

"http://new.mmegi.bw/index.php?sid=4&aid=251&dir=2011/January/Friday14 Namibia's electricity regulator said it wants Gazprom OAO and Tullow Oil Plc to fast-track plans to build a new 800-megawatt power plant that will run off gas from the offshore Kudu field. "We are going to have problems" with electricity shortages by 2013, when power imports from Zimbabwe, Zambia and the Democratic of Congo start petering out, Siseho Simasiku, chief executive officer of Namibia's Electricity Control Board, said in an interview in Cape Town today. Namibia would like a decision on the new plant to be taken "yesterday." Gazprom, Russia's state-owned natural gas export monopoly, and Tullow, the U.K. explorer focusing on Africa, are working on development plans for the Kudu field with Namcor, Namibia's state-owned oil company, and Japan's Itochu Corp. The field holds about 1 trillion cubic feet of gas resources. In a Nov. 3 interview in Cape Town, Boris Ivanov, head of the Russian company's global exploration and production unit Gazprom EP International BV said an investment decision on the project will be taken within 12 months. Tullow's Vice President Tim O'Hanlon said that same day that front-end engineering and design studies for the gas-field project will be done next year. Namcor currently "has no money to contribute" to the project, said Simasiku, who is also the oil company's chairman. "We are looking to be carried." Namibia generates most of its power from the Ruacana hydropower plant and the coal-fired Paratus and Von Eck power stations. If the new gas-fired plant goes ahead it will probably be built near the southern coastal town of Oranjemund and cost about $700 million, while about $500 million more will be needed for related infrastructure, Simasiku said. Namibia will be able to utilize a maximum of 500 megawatts of the plant's output, while the balance can be exported to South Africa, he said."

[Michael Alexander]

As I said last year, the Russians want it built here in Omund, next to the gas and the SA Market.....