{"id":14719,"date":"2025-02-17T11:00:57","date_gmt":"2025-02-17T11:00:57","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=14719"},"modified":"2025-02-17T11:00:59","modified_gmt":"2025-02-17T11:00:59","slug":"zimbabwe-invictus-energy-recieves-pilot-gas-production-esia-approval-for-cabora-bassa","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/zimbabwe-invictus-energy-recieves-pilot-gas-production-esia-approval-for-cabora-bassa\/","title":{"rendered":"ZIMBABWE: Invictus Energy Recieves Pilot gas production ESIA Approval for Cabora Bassa"},"content":{"rendered":"\n

Invictus Energy announceS that the Zimbabwe Environmental Management Agency (EMA) has approved the Environmental Social Impact Assessment (ESIA) for pilot production activities at the Cabora Bassa Project.
Pilot production activities include the Eureka Gold Mine Gas-to-power Project and incorporates gas
extraction, liquefaction, and transport from the Mukuyu gas field, as well as future extraction operations
across Special Grant 4571 (SG 4571) and Exclusive Prospecting Orders (EPOs) 1848 and 1849.
The approval provides a clear pathway for the commercialisation of gas resources from the Cabora
Bassa Basin.
Following the approval, the Company was issued with License No: L10000062291. Invictus Energy Managing Director Scott Macmillan commented:
\u201cThe ESIA approval is a critical milestone for Invictus, and paves the way for the future development of
the Mukuyu gas field and broader exploration license areas.
We will now finalise pilot production planning, secure all necessary permits, and advance discussions
with additional potential offtake partners.<\/em><\/p>\n\n\n\n

Invictus remains committed to unlocking Zimbabwe\u2019s gas potential and delivering long-term value to
shareholders and the broader region.
I look forward to providing further updates as we advance these pilot production activities.\u201d<\/em>
Pathway to pilot production and gas-to-power collaboration
<\/strong>The ESIA approval is a pivotal step towards the commencement of pilot production activities, including
the Eureka Gold Mine Gas-to-Power Project. This project is being developed in collaboration with
Dallaglio (owner of Eureka Mine) and Himoinsa SA (onsite power generation provider to Eureka),
leveraging Mukuyu\u2019s gas resources to supply reliable and cost-effective power to the mine (refer to
announcement 23 April 2024).
Invictus and Himoinsa SA have been actively engaging with various technology providers for gas
processing, liquefaction, and logistics solutions to feed into the feasibility study, which is progressing in
tandem. These engagements are aimed at identifying optimal technologies to maximise efficiency and
commercial viability for the pilot production phase and subsequent large-scale development.
Positive feasibility study insights
<\/strong>Initial Eureka gas-to-power project feasibility study results indicate a high look-through gas price
exceeding US$10\/GJ for gas-fired power generation, based on current grid tariff rates. This underscores
the economic viability of the Mukuyu gas field as a strategic energy source for power generation in
Zimbabwe and the broader region.
ESIA expansion of 2019 assessment
<\/strong>The ESIA expands on the initial 2019 assessment, which was one of the most extensive environmental
studies ever undertaken in Zimbabwe. The 2019 study included rigorous field surveys and baseline
measurements across multiple disciplines, including hydrology, ecology, environmental and
archaeological assessments, hydrogeological and soil surveys, as well as socioeconomic and
community consultations. Key stakeholders engaged during the assessment process included local
leaders, relevant government ministries, and government extension offices.
The ESIA approval reinforces Invictus Energy\u2019s commitment to responsible and sustainable resource
development, ensuring compliance with stringent environmental and social governance (ESG)
standards while advancing Zimbabwe\u2019s domestic energy security.<\/p>\n","protected":false},"excerpt":{"rendered":"

Invictus Energy announceS that the Zimbabwe Environmental Management Agency (EMA) has approved the Environmental Social Impact Assessment (ESIA) for pilot production activities at the Cabora Bassa Project.Pilot production activities include … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":13626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7445,11],"tags":[7808,10669,10670,4581,7812,8080,11791],"class_list":["post-14719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-southern-africa","category-top-news","tag-cabora-bassa","tag-epo-1848","tag-epo-1849","tag-esia","tag-invictus-energy","tag-sg-4571","tag-zimbabwe-environmental-management-agency","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Zimbabwe-Cabora-Bassa.png?fit=479%2C663&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3Pp","jetpack-related-posts":[{"id":12572,"url":"https:\/\/www.oilnewskenya.com\/index.php\/zimbabwe-invictus-expands-cabora-bassa-exploration-licence-footprint\/","url_meta":{"origin":14719,"position":0},"title":"ZIMBABWE: Invictus Expands Cabora Bassa Exploration Licence Footprint","author":"","date":"August 17, 2022","format":false,"excerpt":"Assignment of exploration rights to EPO 1848 and EPO 1849 by Sovereign Wealth Fund of Zimbabwe Invictus\u2019 80% owned subsidiary Geo Associates (Pvt) Ltd and the Sovereign Wealth Fund of Zimbabwe have executed an assignment agreement for the exploration rights to Exclusive Prospecting Orders (EPOs) 1848 and 1849. 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The rig and associated equipment will arrive over the course of June and commence rig up to drill the first of\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/06\/Exalo-202-Rig-Mobilization.png?fit=485%2C643&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":12086,"url":"https:\/\/www.oilnewskenya.com\/index.php\/zimbabwe-invictus-energys-sg-4571-permit-increased-sevenfold\/","url_meta":{"origin":14719,"position":2},"title":"ZIMBABWE: Invictus Energy’s SG 4571 Permit Increased Sevenfold","author":"","date":"March 28, 2022","format":false,"excerpt":"Invictus\u2019 owned subsidiary Geo Associates (Pvt) Ltd and the Sovereign Wealth Fund of Zimbabwe (SWFZ) have executed a Heads of Agreement\u00a0 to increase Special Grant 4571 (SG 4571) licence area from 100,000 hectares to 709,300 hectares. 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