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The trillions hiding in plain sight and the BPC deal to unlock it all

Friday, October 22, 2021 | 4030 Views |

Shining example: The Gladstone LNG project is one of the largest in the world and an inspiration to local developers PIC: MECHADEMY.COM

The Botswana Power Corporation (BPC) this week signed an agreement to secure power supply from Coal Bed Methane, the first ever commercial extraction of a resource estimated to be as much as 40 trillion cubic feet in Botswana. Staff Writer, MBONGENI MGUNI reports

Local Coal Bed Methane (CBM) developers have dreams of replicating the phenomenal success of the Gladstone Liquefied Natural Gas (GLNG) project in Queensland, Australia.

Gladstone, established in 2011, has created 6,000 jobs, generating US$42.45 billion (P473 billion) of income tax revenues for the federal government. Exports from the project are expected to top US$9.55 billion annually for the next 25 years.

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The trillions hiding in plain sight and the BPC deal to unlock it all

The Botswana Power Corporation (BPC) this week signed an agreement to secure power supply from Coal Bed Methane, the first ever commercial extraction of a resource estimated to be as much as 40 trillion cubic feet in Botswana. Staff Writer, MBONGENI MGUNI reports

Search continues for Maun boy feared to have been taken by a crocodile

Inimba Gets the Nod for Season 2 on Mzansi Magic

Peace conference addresses growing list of social ills

GAYO Botswana and BA ISAGO University Forge Major Partnership to Advance Climate Education and Youth Leadership

Pastor accused of defiling Teen during counselling session

FIFA World Cup draw – The countdown begins!

DIS Director's daughter rape case stalls

Main Mall’s resilience, sturdiness in the face of stiff competition

Depression is real; let's take care of our mental health