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

Friday, October 22, 2021 | 4010 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

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!