The company, which is focused on a 7,000 square metre area in central Botswana, recently became the first gas developer in the country to declare an independently certified resource, at 2.3 trillion cubic feet of Coal Bed Methane (CBM). CBM is one of the "unconventional" gases Tlou Energy is focused on.Last week, Tlou Energy regional manager (Botswana) Gabaake Gabaake said the company was steaming ahead with developments at its licence with a view to reaching a decision on commercial production within three years. Within the energy sector, two developers, Tlou Energy and Kalahari Sustainable Energy are leading the field in debuting the country's first commercial natural gas project.
"Coal Bed Methane as a solution can be a bit more expensive than coal, but its power stations can be developed more quickly and also built in a modular form, meaning to any size," Gabaake told delegates at a resource sector conference."We are moving towards delivering gas to market and there are projects waiting for gas today so we know commercial will not be a problem. We hope that our projects and the other CBM initiatives in the country will be a substitute to the diesel currently being imported for power, as envisaged by the Economic Diversification Drive," he said.
