• 5 minutes Trump will capitulate on the trade war
  • 7 minutes China 2019 - Orwell was 35 years out
  • 12 minutes Glory to Hong Kong
  • 15 minutes ABC of Brexit, economy wise, where to find sites, links to articles ?
  • 45 mins Here's your favourite girl, Tom!
  • 5 hours Peaceful demonstration in Hong Kong again thwarted by brutality of police
  • 6 hours Civil Unrest Is Erupting All Over The World, But Just Wait Until America Joins The Party...
  • 2 hours Wonders of US Shale: US Shale Benefits: The U.S. leads global petroleum and natural gas production with record growth in 2018
  • 3 hours China's Blueprint For Global Power
  • 7 hours Australian Hydroelectric Plant Cost Overruns
  • 4 hours Nigeria Demands $62B from Oil Majors
  • 20 hours Brexit agreement
  • 4 hours IMO 2020:
  • 6 hours Ford Planning Huge North American Charging Network
  • 22 hours The Problem Is The Economy, Not The Climate
  • 20 hours 5 Tweets That Change The World?
  • 19 hours Bloomberg: shale slowing. Third wave of shale coming.
Alt Text

How To Play A Recovery In Oil Prices?

A realistic correction in the…

Alt Text

What The Market Is Overlooking In The Occidental Deal

Occidental Petroleum has caught a…

Dave Forest

Dave Forest

Dave is Managing Geologist of the Pierce Points Daily E-Letter.

More Info

Premium Content

Good News For African Mining

News last week that Mozambique will be sending electricity across the African continent, to Namibia.

The supply will come from a 122 megawatt expansion of a recently-built generation facility at Ressano Garcia, powered by natural gas.

This is a major bright spot for southern Africa. Lack of affordable electric power (or lack of power altogether) has plagued nations like South Africa and the Democratic Republic of Congo.

But that appears to be changing. Major discoveries of natural gas in Mozambique have translated relatively rapidly into new gas-fired generating capacity.

This is already helping mining-focused countries. The first phase of the Ressano Garcia power plant is currently producing 110 megawatts of power that is exported to energy-hungry South Africa.

It's very encouraging that Mozambique appears capable of adding another 122 megawatts on top of this. And the fact that the developers are able to ship this energy hundreds of kilometres to Namibia shows that such power developments should theoretically be good for most of the southern continent.

Given that power availability has been one of the biggest sticking points for copper projects in the DRC, developments like this one could be game-changers. Africa has no shortage of geological riches, only issues in building the mines needed to get it out of the ground.

That hurdle may be growing shorter.

Here's to powering up,

By. Dave Forest




Download The Free Oilprice App Today

Back to homepage



Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play