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.

Drones strike Port Sudan

Imports and Exports
Logistics

The city’s port and airport precinct have been targeted in the attacks over the past four days.

08 May 2025
0 Comments

RFA Convention to spotlight freight solutions

Logistics
Road/Rail Freight

Transport sector leaders will focus on resolving burning issues facing the industry at the upcoming conference.

07 May 2025
0 Comments

Sea freight under fire from trade war

Sea Freight

The outlook for container shipping was even more uncertain now than it was at the onset of the Covid virus.

 

07 May 2025
0 Comments

Illicit trade hits South Africa’s state capture-eroded fiscus hard

Economy
07 May 2025
0 Comments

Danish line rolls out IoT platform

Sea Freight
Technology

Maersk has implemented a new digital connectivity platform aboard its fleet for cargo tracking.

07 May 2025
0 Comments

Vietnam US exports surge as ‘conduit cargo’ from China floods in

Imports and Exports

US trade officials have repeatedly warned Vietnam to crack down on transshipment practices.

07 May 2025
0 Comments

Gemini consistently more punctual – Sea-Intelligence

Sea Freight

The platform reports Gemini’s all arrivals (AA) rate for the first quarter of 2025 as 90.3% and 85.7% for trade.

07 May 2025
0 Comments

US holds fire on Red Sea rebels after Oman-brokered talks

Sea Freight

The Houthis reportedly informed the US administration that they “don’t want to fight anymore."

07 May 2025
0 Comments

Feri certificate provider expands services westward

Logistics

Dornay Swartz, projects manager at Africa Union Cargo Namibia, says work in the DRC paved the company’s way in West Africa. 

06 May 2025
0 Comments

Proactive prevention is a win-win

Logistics

Siva Pather, managing director of Land and Sea Risk, says the real challenge extended far beyond the criminal incidents.

06 May 2025
0 Comments

Salvage tug sails to Maersk ship adrift in Atlantic

Sea Freight

The stricken vessel will be adrift for two weeks by the time salvage help arrives.

06 May 2025
0 Comments

Mozambique resumes road toll fees

Africa
Road/Rail Freight

The country has reduced rates nationwide with the exception of charges for commercial operators.

06 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

New

Seafreight Import / Export Controller DBN

Tiger Recruitment
Durban
09 Jun
New

Transport Operations Manager

Lee Botti & Associates
Durban
09 Jun
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us