Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Crime
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Events
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Sustainability
    • Technology
    • Trade/Investment
    • Webinars
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Africa

Natural gas reserves found in northern Zimbabwe - claim

08 Dec 2023 - by Staff reporter
 Source: Invictus Energy
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Energy companies claim to have discovered natural gas in northern Zimbabwe, near the country's northern border with Mozambique and Zambia.

The Zimbabwean government hopes the discovery, if it can be exploited, will help reduce the need for expensive imported energy.

In a statement last week, Zhemu Soda, Zimbabwe's minister of mines and mining development, described the discovery made in Cabora Bassa Basin, about 300 kilometres north of Harare, as ''one of the most significant developments in the onshore oil and gas sector in the southern African region''.

Scott Macmillan, managing director of Invictus Energy, one of the companies exploring for gas and oil, said it had successfully recovered a total of 400 carbon samples from two zones. This is the first Triassic-period (252 million years ago) discovery in sub-Saharan Africa.

Australia-based Invictus has about 360 000 hectares in the Cabora Bassa Basin to prospect for oil and gas. The equipment and data that Invictus and other companies are using to explore the area was left by the oil giant Mobil before it left the country in the 1990s. 

The areas being explored are known as Mukuya 1 and Mukuya 2.  Mukuya 1 unfortunately had a well collapse before explorers could confirm the presence of gas there.

''The finding opens up a significant resource potential which we have always believed was in Mukuyu,'' Macmillan said. ''It's a bright and exciting future ahead of us.''

Not everyone is happy with the $20-million gas and oil exploration project. Farai Maguwu, founding director of the Centre for Natural Resource Governance, fears the new project, if successful in capturing resources, could displace local people, destroy the environment and contaminate underground water.

He has a solution: renewable energy.

''There is business sense in investment in renewable energy,'' Maguwu said. ''They can supply cheap electricity which is clean and easy to install in rural areas and in urban areas. Today there is no difference. Actually, those in rural areas have got more energy sufficiency than those in urban areas because they have already turned to renewable energy.''

Zimbabwe has for years been facing energy shortages as the country largely depends on thermal and hydro equipment that cannot meet domestic needs.

With the discovery of gas in the Cabora Bassa Basin, Zimbabwe's government hopes that situation will change.

Source:  VOA

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

SA a top target for cyber attacks

Technology

Increasing dependence on technology to deliver services means security risks are rising.

15 May 2025
0 Comments

Carbon capture solution cuts emissions by up to 70%

Sea Freight
Technology

The high technology system captures emissions from all exhaust gas sources.

15 May 2025
0 Comments

Nigeria moves to end cabotage waivers

Sea Freight

The government has launched a maritime joint venture to boost the local shipping industry.

15 May 2025
0 Comments

Africa must raise energy tariffs to attract investment

Africa
Imports and Exports
Logistics

Tariff policies in many countries have kept electricity prices artificially low.

15 May 2025
0 Comments

SACU ‘should be renegotiated’ to benefit the region

Imports and Exports

Namibia says the restrictions on imports are justified to support industries to become self-sufficient.

15 May 2025
0 Comments

Business driving growth amid political divide

Economy

The provincial governments need business to become involved in upgrading the logistics infrastructure of roads, rail, ports and airports.

15 May 2025
0 Comments

Majority union at Transnet downs tools

Logistics

The company, responsible for rail and port cargo, remains in a precarious financial state.

14 May 2025
0 Comments

Thought leaders talk Trump and tariffs at Nampo Harvest Day

Economy
Imports and Exports

Landman remarked that it all came down to Ramaphosa’s visit to Washington next week.

14 May 2025
0 Comments

SA avocado growers ship first fruit of season to China

Imports and Exports
Logistics

The country’s total avocado exports were just over 81 000 tonnes in 2024 with just a fraction heading to this new market.

14 May 2025
0 Comments

China Airlines announces Boeing 777X orders

Air Freight
Logistics

As the world's largest twin-engine jet, the B777X-9 uses 20% less fuel and has a range of 7 295 nautical miles (13 510 km).

14 May 2025
0 Comments

US retailers welcome pause on China tariffs

Imports and Exports

The move paves the way for a fair and balanced trade relationship, says the National Retail Federation.

14 May 2025
0 Comments

RFA celebrates 50 years of road freight industry dedication

Road/Rail Freight

The RFA is the unified voice of South Africa's road freight industry, known for its advocacy, leadership, and commitment to sustainable transport.

14 May 2025
0 Comments
  • More

FeatureClick to view

Durban & Richards Bay 6 June 2025

Border Beat

Zim's anti-smuggling measures delay legitimate freight operations
06 Jun 2025
Cross-border payments remain a hurdle – Masondo
30 May 2025
BMA steps in to help DG and FMCG cargo at Groblersbrug
21 May 2025
More

Featured Jobs

Seafreight Import / Export Controller DBN

Tiger Recruitment
Durban
06 Jun
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us