Namibia: Kudu set for FID

Issue 357 - 09 Nov 2017
A final investment decision (FID) on development of the Kudu gas project is expected late this year or in Q1 2018, with the start of commercial operations targeted for end-2021. Namcor managing director Immanuel Mulunga told Africa Upstream the partners were expecting financial close in mid-2018. He told reporters Namcor planned to farm down some of its 44% stake in the upstream element of the project and was considering various debt and equity options.

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