+27 71 448 3496
leon@whyafrica.co.za

Gas-to-power for Zimbabwe mine

Share Article
Gas-to-power for Zimbabwe mine
Under the partnership, gas extracted from the Cabora Bassa Project will fuel operations at Eureka - located 50km from the Mukuyu-2 wellsite. Image credit: Invictus Energy

Gas-to-power for Zimbabwe mine

A gas-to-power project will generate electricity to power operations at the Eureka Gold Mine in Zimbabwe.

Australian based oil and gas company Invictus Energy has signed an Memorandum of Understanding (MoU) with mine operator Dallaglio Investments and power generation firm Himoinsa Southern Africa for a gas-to-power project in Zimbabwe. The project will generate electricity to power operations at the Eureka Gold Mine – one of the country’s largest.

Under the partnership, gas extracted from the Cabora Bassa Project will fuel operations at Eureka – located 50km from the Mukuyu-2 wellsite.

Spearheaded by Himoinsa, the envisioned power generation facility is anticipated to commence with an initial capacity of 12MW, expandable to 50MW.

As the Eureka mine currently relies on diesel-fired power as a back-up energy source, the transition towards gas-fired power promises a more dependable and environmentally friendly energy supply while also facilitating data collection crucial for optimising full-field development planning and determining resource volumes and locations.

More feasibility studies underway (Gas-to-power for Zimbabwe mine)

The MoU provides flexibility for incremental project growth and additional power off-take agreements, with feasibility studies underway to identify the most optimal power delivery method for Eureka.

The study will explore whether on-site generation or utilising the existing grid infrastructure located 5km away coupled with wellsite power generation is the most strategic method.

Upon completion of the feasibility study, Invictus Energy and Himoinsa aim to formalise a binding Gas Sale and Purchase Agreement, ensuring the provision of natural gas for power generation and subsequent electricity supply to Dallaglio at Eureka under mutually beneficial terms.

Beyond Zimbabwe, the electricity generated from this project holds potential to serve other private off-takers through local grids or via the Southern Africa Power Pool (SAPP) – a regional integrated power network.

As energy demand escalates across the continent, initiatives like this demonstrate the feasibility of leveraging indigenous energy resources to meet rising electricity needs. Invictus Energy has already signed a gas supply deal with Zimbabwe’s Mbuyu Energy, with a 500MW power project on the cards.

A step forward for Zimbabwe’s energy sector (Gas-to-power for Zimbabwe mine)

The recent confirmation of the Mukuyu gas-condensate discovery at the Cabora Bassa Project has further catalysed Invictus Energy’s efforts towards early monetisation strategies and expedited production timelines.

The high-quality natural gas found at Mukuyu-2 is expected to facilitate a streamlined early production system, minimising infrastructure requirements and paving the way for future full-field developments.

“This initiative represents a step forward for Zimbabwe’s energy sector and the gold mining industry, aligning with the country’s vision for sustainable energy development.

“It underscores the potential of African nations to leverage indigenous resources for sustainable development, unlocking new opportunities for economic growth and energy security in Zimbabwe and the broader African region,” says NJ Ayuk, Executive Chairman of the African Energy Chamber.

Zimbabwe’s strides in gas-to-power initiatives can serve as a blueprint for other Southern African nations seeking to fortify energy security and drive economic growth through sustainable energy solutions. With gold being one of the country’s biggest export commodities, securing a sustainable supply of electricity will help bolster production and broader economic growth.

WhyAfrica will visit the region during our annual WhyAfrica Road Trip in July and August this year. During our trip, we will visit about 30 project sites in five African countries. For more information, please visit our website.     

Gas-to-power for Zimbabwe mine

Gas-to-power for Zimbabwe mine
Book with Endorphin Expeditions. We create African adventures. https://endorphinexpeditions.co.za/contact/

WhyAfrica provides on the ground information and business intelligence about the sustainable utilisation and responsible extraction of natural resources in Africa, and can assist your company through:  

  1. Membership:
  • WhyAfrica’s membership offers great business insights to you, your company, and clients.
  • Amongst many other benefits, we will publish editorial content about you or your company on the WhyAfrica online platform and on all WhyAfrica’s social media pages – the annual fee is R6,500 and you can find out more or subscribe here: https://www.whyafrica.co.za/product/membership/ 
  1. Sponsorship:
  • WhyAfrica’s Road Trip takes place annually in July and August. During our Road Trip we aim to visit more than 30 project sites. Sponsoring the Road Trip, or to be a WhyAfrica member, gives you unparalleled insight into the business environment of the countries that we travel to and the project sites we visit.
  • To be a member or sponsor allows you access to invaluable, on the ground, business intelligence and a great marketing opportunity for all companies doing business in Africa.
  • The main aim of our Road Trips is to promote Africa as an investment destination and to showcase Africa’s greatest companies, and projects to our large global audience, which includes a list of potential investors, venture capitalists and serial entrepreneurs.
  • To view the photos of this year’s Southern Africa Road Trip click on the gallery link or follow our Instagram account at why.africa https://www.whyafrica.co.za/road-trips/whyafrica-road-trips/. 
  1. Advertising:
  • We publish daily online articles on our WhyAfrica platform and post them on social media every day. Our combined online reach is more than 45,000. In-article banner ads are highly successful advertising tools as is advertising space on our website.
  • In addition to our bi-weekly newsletters, we publish two printed- and two interactive digital magazines per year. The printed magazines are distributed at major events and conferences throughout the year, and also on our WhyAfrica Road trips.
  • Digital magazines are e-mailed to all our subscribers and shared on our social media platforms. A copy of the latest edition is automatically attached to all our outgoing e-mails.
  • WhyAfrica magazines provide great marketing opportunities. There are also in-article and on-line advertising opportunities at exceptional rates. Contact me for more information on leon@whyafrica.co.za or give me a call.
  • To subscribe to WhyAfrica’s free newsletters and magazines click on the link and register: https://www.whyafrica.co.za/subscribe/  
  1. 4. Partnerships
  • Maximise your African exposure and link with our large business network through becoming one of only 10 WhyAfrica partners. We have only five prime partnership positions left for 2023, so contact me at leon@whyafrica.co.za to get the best deal. 

Gas-to-power for Zimbabwe mine

Share Article

Sectors

AgricultureEnvironmental Management & Climate ChangeEnergyESGInfrastructureMiningPolitical EconomyTourism and ConservationWater Management