Shumba's P20bn plant targets 25,000 barrels of fuel per day

Friday, September 27, 2019

Core drilling at Shumba's Sechaba project

Shumba Energy, the local energy developer rapidly building a portfolio of projects in eastern Botswana, expects its recently announced Coal to Liquids (CTL) plant to produce 20,000 barrels of diesel and 5,000 of petrol per day when fully functional.

The plant, which Shumba expects to cost between $1.5 billion and $2 billion (up to P22 billion), is currently undergoing a bankable feasibility study.

Shumba has partnered with PowerChina International Group and Wison Group on the project, which will be powered by a one billion tonne resource of coal located at Mabesekwa in the Central District.

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Shumba's P20bn plant targets 25,000 barrels of fuel per day

Shumba Energy, the local energy developer rapidly building a portfolio of projects in eastern Botswana, expects its recently announced Coal to Liquids (CTL) plant to produce 20,000 barrels of diesel and 5,000 of petrol per day when fully functional.