1 January 1998
Namibia develops gas potential
The Namibian state power company Nam-power is planning to use gas from an offshore field to fire a 750 MW power plant. The project is being developed in conjunction with Shell and the South African utility Eskom. Under a recently signed memorandum of understanding, the three partners intend to develop the gas-fired plant at Oranjemund at a cost of around $500 million. The partners in the project are in discussions with the UK company National Power which could become a fourth partner in the joint venture. A further $350 million will be required to develop the Kudu gas field off the southern coast of Namibia which will supply fuel for the generating station. The Kudu gas field, 170 km west
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