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

Also in this section
3 July 2025
The July/August 2025 issue of Petroleum Economist is out now!
2 July 2025
The global energy community will converge in Dubai on 10 December for a landmark event dedicated to shaping the future of natural gas across the region
30 June 2025
Government is sending out the right policy signals to support increased domestic gas development, but policy takes time to implement and even longer to yield results
27 June 2025
Gas-on-gas competition pricing has grown its share of consumption significantly over the past two decades, primarily at the expense of oil-price-escalation pricing, according to the IGU