Independent upstream oil and gas company
Under the partnership, gas extracted from the
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 optimizing full-field development planning and determining resource volumes and locations.
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 utilizing the existing grid infrastructure located 5km away coupled with wellsite power generation is the most strategic method. Upon completion of the feasibility study,
Beyond
The recent confirmation of the Mukuyu gas-condensate discovery at the
"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’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.
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