Botswana Oil Limited (BOL) are dreaming big with their Ikaegeng Coal to Liquids Project, an undertaking they hope will create 30, 000 temporary jobs.
Construction of the mine and production plant is not scheduled until mid 2025 and will take four years to complete.
Set to cost between US$ 3-4 billion, the project seeks to make the most of Botswana’s untapped coal reserves, estimated to sit at around estimated 212 billion tonnes.
The aim is to turn coal into liquids in order to generate fuel such as petrol and diesel, ultimately reducing the country’s reliance on imports. Added benefit...
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In this article:Botswana Oil Limited (BOL), Gamu Mpofu, Ikaegeng Coal to Liquids Project, Ministry of Finance, Project Manager, Public-Private Partnership (PPP)
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