Swapo keen on Kudu, nuclear energy
Swapo keen on Kudu, nuclear energy

Swapo keen on Kudu, nuclear energy

Ogone Thlage
Ogone Tlhage - The Swapo Party congress resolved to push for the development of the ambitious multibillion-dollar Kudu gas-to-power project.

The 700-plus delegates to the ruling party’s congress over the weekend also flirted with the idea of adding nuclear energy to Namibia’s energy mix.

This, the party said, would help propel Namibia forward as a net exporter of energy.

“Mindful of the role that energy plays in the socio-economic development of Namibia and aware of the energy deficit in southern Africa, it is desirous to make Namibia energy self-sufficient,” Swapo said as part of a set of draft resolutions which are yet to be adopted.

“It be resolved that government develop milestones for the implementation of the Kudu gas project by 2020 and that government seriously consider laying a foundation for nuclear power generation in Namibia by relentlessly pursuing a policy of selecting, training and developing a cadre of Namibians in the nuclear field,” the proposed resolutions read.

“Government [must] be encouraged to explore and evaluate the feasibility of developing the Divundu hydropower plant at the Popa Falls in the Kavango East,” the party said.

The party also proposed that the role players in the energy sector revoke generation licences for projects that have been given the nod but are nowhere near development.

“Government give time limits to generation licence holders to set up power plants and revoke licences of those that do not comply,” the party said.

In 2011, experts from Finland’s Nuclear and Radiation Authority helped the Ministry of Mines and Energy to develop a nuclear policy document. This resulted in the publication of a nuclear fuel cycle policy in 2015.

BW Kudu Limited, a wholly owned subsidiary of BW Offshore, earlier in the year announced a 'farm-out' agreement for a 56% stake of the Kudu licence offshore Namibia. No definitive development plans have been announced yet.

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Premier League: Chelsea 2 vs 0 Tottenham Hotspur European Championships Qualifying: Coventry City 1 vs 2 Ipswich Town English Championship: Coventry City 1 vs 2 Ipswich Town Katima Mulilo: 12° | 32° Rundu: 13° | 32° Eenhana: 13° | 32° Oshakati: 15° | 32° Ruacana: 15° | 33° Tsumeb: 16° | 30° Otjiwarongo: 13° | 29° Omaruru: 13° | 31° Windhoek: 12° | 27° Gobabis: 15° | 28° Henties Bay: 14° | 21° Wind speed: 20km/h, Wind direction: SW, Low tide: 05:43, High tide: 12:02, Low Tide: 17:54, High tide: 00:23 Swakopmund: 16° | 19° Wind speed: 19km/h, Wind direction: W, Low tide: 05:41, High tide: 12:00, Low Tide: 17:52, High tide: 00:21 Walvis Bay: 16° | 25° Wind speed: 28km/h, Wind direction: W, Low tide: 05:41, High tide: 11:59, Low Tide: 17:52, High tide: 00:20 Rehoboth: 14° | 29° Mariental: 17° | 31° Keetmanshoop: 19° | 31° Aranos: 16° | 31° Lüderitz: 15° | 25° Ariamsvlei: 18° | 33° Oranjemund: 14° | 22° Luanda: 25° | 28° Gaborone: 14° | 27° Lubumbashi: 12° | 26° Mbabane: 12° | 26° Maseru: 11° | 25° Antananarivo: 13° | 24° Lilongwe: 13° | 27° Maputo: 19° | 28° Windhoek: 12° | 27° Cape Town: 15° | 19° Durban: 17° | 28° Johannesburg: 16° | 25° Dar es Salaam: 24° | 28° Lusaka: 15° | 27° Harare: 13° | 28° Currency: GBP to NAD 23.19 | EUR to NAD 19.89 | CNY to NAD 2.56 | USD to NAD 18.51 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.68 | ZWL to NAD 0.04 | BRL to NAD 3.62 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.3 | USD to AOA 834.06 | USD to BWP 13.64 | USD to EGP 47.9 | USD to KES 133.98 | USD to NGN 1349.9 | USD to ZAR 18.5 | USD to ZMW 27.05 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 76046.88 Down -0.04% | Namibian Stock Exchange (NSX) Overall Index 1692.54 Up +0.10% | Casablanca Stock Exchange (CSE) MASI 13322.85 Up +0.03% | Egyptian Exchange (EGX) 30 Index 26113.71 Up +6.81% | Botswana Stock Exchange (BSE) DCI 9146.09 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - 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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 295.97/OZ DOWN -0.012 | Copper US$ 4.52/lb DOWN -0.0027 | Zinc US$ 2 934.50/T UP 0.78% | Brent Crude Oil US$ 84.82/BBP UP +0.63% | Platinum US$ 968.29/OZ UP +1.34%