Congo Unveils Tender For Exploitation Of Methane Gas

Posted by Joseph R. Fonseca
Saturday, May 31, 2014
Lake Kivu

 

Democratic Republic of Congo's oil ministry has called for bids to exploit reserves of methane gas at the bottom of Lake Kivu on its eastern border with Rwanda, the prime minister's office said on Friday.

The office announced the tender on its twitter account but did not give details. An oil ministry official said the tender process had not yet begun but added that Congo needed the gas to help meet its energy deficit.

"It is very important that we exploit this gas, because otherwise it has the potential to explode and cause significant damage to the population," said the ministry official, who requested anonymity.

Methane and carbon dioxide collect at the bottom of the lake's icy waters. Although there has been no major incident on Lake Kivu in recent times, in 1986 a gas leak on Lake Nyos in Cameroon, which has smaller concentrations, suffocated about 1,700 people.

Congo's vast network of rivers has the potential to generate 100,000 megawatts of hydroelectric power, according to the government, enough to supply much of Africa. But that potential is largely unexploited, and currently only 9 percent of Congo's population has access to power.

Methane is already being exploited on the Rwandan side of Lake Kivu to produce around 26 MW of power, and operator U.S.-based companyContourGlobal plans to expand capacity to 100 MW.

Congo also has vast mineral deposits of diamonds, gold, tin, coltan and cobalt, and the economy depends on the mining sector. Meeting energy demand has become a government priority.

Industrial mining operators have only recently come to Congo's troubled eastern provinces of North and South Kivu, which have been the scene of violent conflicts stretching back for nearly two decades.

(Reporting By Peter Jones; Editing by Joe Bavier and Jane Baird)

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Davie Building LNG-powered Ferries

Canadian shipbuilder Davie held a keel laying ceremony for MV Armand-Imbeau II, marking the beginning of the hull assembly for this first of two sisterships under

Lithuania Looks to U.S. for Gas

Lithuanian liquefied natural gas (LNG) importer Litgas has signed a preliminary agreement with a U.S. supplier, looking to lessen the Baltic nation's dependence on Russia.

Petrobras Denies Hiring JPMorgan for License Sales

Petróleo Brasileiro SA denied on Friday that it has hired JPMorgan Chase & Co to handle the sale of oil exploration licenses in deep-sea areas off the coast this year.

Legal

Petrobras Downgrade Shakes Market

Moody's shocked bond investors this week with a surprise two-notch downgrade that put Brazilian oil company Petrobras in junk territory. The move was seen by some investors as overly assertive,

Petrobras Denies Hiring JPMorgan for License Sales

Petróleo Brasileiro SA denied on Friday that it has hired JPMorgan Chase & Co to handle the sale of oil exploration licenses in deep-sea areas off the coast this year.

USCG Makes Change in Fort Pierce Inlet Safety Zone

The Coast Guard has made a change in the Fort Pierce Inlet safety zone Thursday afternoon. Recreational vessels with less than six-foot draft are now allowed

Energy

Petrobras Downgrade Shakes Market

Moody's shocked bond investors this week with a surprise two-notch downgrade that put Brazilian oil company Petrobras in junk territory. The move was seen by some investors as overly assertive,

Brightoil Reports Steady Growth in Interim Results

Brightoil Petroleum (Holdings) Limited announced its interim results for the six months ended December 31, 2014, reporting steady growth over the period.   During the period,

Mexico Approves 5 Shallow Water Areas in Round One Oil Tender

Mexico has approved the terms for five shallow water areas containing around 355 million barrels of oil equivalent as part of its Round One tender to open up the country's oil fields,

News

Ferus Smit to Launch Newbuild Bulker

Ferus Smit will launch newbuild bulk carrier Arklow Breeze on Friday, March 20 at Westerbroek.   Arklow Breeze is the sixth and last vessel of a series to be

Petrobras Downgrade Shakes Market

Moody's shocked bond investors this week with a surprise two-notch downgrade that put Brazilian oil company Petrobras in junk territory. The move was seen by some investors as overly assertive,

This Week's Top Stories

The top stories this week covered everything from a DP system failure, a facelift for a WWII torpedo boat, and some mysterious tankers off the coast of Philadelphia.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Port Authority Salvage Ship Electronics Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1369 sec (7 req/sec)