Namibia to pare back Kudu gas-to-power project

Namibia will reduce the size of the planned Kudu Power Station after off-take agreements with South Africa’s Eskom and Zambia’s Copperbelt Energy Corporation failed to materialize, the chief executive of power utility NamPower said on Friday. Namibia’s offshore Kudu Gas Fields have proven and probable recoverable reserves estimated at more than 3.3-trillion cubic feet and is key to the diamond producer’s plans to reduce its dependence on electricity imports.