BOL finalises preps for P30bn coal-to-fuel project
Friday, May 20, 2022 | 3890 Views |
![Black gold: The country’s abundant coal resources could power its fuel self-sufficiency PIC: MINERGY.COM](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2022/05/20/38204.jpg&w=800&q=72&f=jpg&t=1)
Black gold: The country’s abundant coal resources could power its fuel self-sufficiency PIC: MINERGY.COM
Known as Ikaegeng XTL (coal-to-liquid), the ambitious project aims to tap into the billions of tonnes of coal lying untapped in the country, with technology applied to produce various petroleum products for domestic use.
While 11 companies were shortlisted for the project after a prequalification tender in August 2017, Botswana Oil (BOL) has since repackaged Ikaegeng as a Public Private Partnership initiative and finalised a feasibility study showing that nearly 3,000 jobs could be created during construction and operation.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...