Global Courant
Zimbabwean Deputy Minister of Energy and Power Development, Hon. Magna Mudyiwa, at the South Sudan Oil & Power (SSOP) conference (Juba) this week, stated that Zimbabwe is looking to South Sudan for support ahead of massive oil and gas discoveries expected in the South African country,
A domestic exploration campaign is currently underway in Zimbabwe with encouraging results. According to Hon. Minister Mudyiwa, the country is “closer to making a discovery, which will open a new chapter for Zimbabwe as we join other producing countries in the region.”
Australian-listed oil and gas company Invictus Energy is currently conducting exploratory work in Zimbabwe’s Cabora Bassa basin, with resources already confirmed. As a country heavily dependent on imports of refined petroleum products, the discovery and development of domestic hydrocarbon resources will significantly assist in achieving energy security while reducing import costs and stabilizing supply.
“The prospect is exciting and will have a positive impact on our economy. If sufficient quantities are expected, it will result in production of liquid fuels from local sources,” said Hon. Minister Mudyiwa.
Anticipating the anticipated exploratory success, Hon. Minister Mudyiwa stated that “Zimbabwe has a lot to learn from South Sudan, which has done a lot of research for us.”
The two countries already have strong bilateral ties in the education sector, with several ongoing programs including internships, exchange programs and funding. However, Hon. Minister Mudyiwa believes that “cooperation can be strengthened through oil and gas training and capacity building, given our country’s limitations in oil and gas production, an area where South Sudan has experience. Zimbabwe has identified this area as an important avenue for cooperation.”
“South Sudan is a great case study and can advise on regulations, structures and laws, how to deal with environmental problems arising as a result of oil and gas production, and suitable technology for optimized oil recovery,” continued the Honorable Minister.
In this context, the SSOP 2023 Summit – hosted by Energy Capital & Power – represents an important avenue to promote dialogue and strengthen relations between the two countries, with Hon. Minister Mudyiwa stated, “As a country, we want to take advantage of the opportunities presented by participating in this forum.”
Distributed by APO Group on behalf of Energy Capital & Power.
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