Headway in maiden CBM power project

The company has the most advanced CBM project in Botswana with an independently certified contingent resources of 3.3 trillion cubic feet (3C) at Lesedi making it the most likely to develop Botswana’s first CBM power project. In a statement, the company said the RFP indicates the government’s commitment to facilitate the development of a CBM industry in Botswana.

The proposed government power purchase agreement (PPA) will assist in fast tracking the development of the gas industry in the country and create a new market for Tlou’s independently certified gas reserves and significant contingent gas resources.