Drilling on Longonot geothermal project in Kenya to start June 2018

[Mpendwa1]

African Geothermal International Limited (AGIL) is conducting groundwork on its 140 MW Longonot geothermal power project in Kenya in preparation for a drilling start in June 2018.


Reported yesterday from Kenya, African Geothermal International Limited (AGIL) is said to be planning to start drilling for its Longonot geothermal project this June.

The company is linked to the Chairman of Kenya’s National Bank, Mohamed Hassan, who is the co-director of AGIL.

This announcement comes after a delay of about 5 years. Drilling for one well is said to cost around $5 million at a depth of around 3,500m, with a target of up to 40 wells at a planned combined geothermal power output of 140 MW.

The company initially announced the start of drilling in 2013 and quoted an overall investment cost of up to $600 million. Back then the company announced it had already secured $10 million (Sh1 billion) in equity to start the exploration and another $8.4 million (Sh865 million) was to be signed with the African Union Commission.

AGIL is said to be preparing necessary groundwork to be able to start drilling June 2018.

Other directors of the company include Fred Ojiambo, a prominent lawyer with Kaplan & Stratton and UK-based Brian Mitchell. Agil’s chief executive Fassine Fofana, a Guinean is also a founder director.

The firm said it has the option of hiring out drilling rigs from either Geothermal Development Company (GDC) or KenGen, both state-owned agencies.

Agil got the licence for drilling in 2009, the same year it was incorporated. It was given an area of 132 square kilometres around Mt Longonot for exploration and production for 30 years.

Source: MSN news

 

[shabani]

600m Dollars for 140mw

Watu wanajua kula aisee.

 

[Mpendwa1]

600m Dollars for 140mw

Watu wanajua kula aisee.

Wamesema initially quote of UP TO $600m, lakini hatujui kwa uhakika itagharimu ngapi.

 

[Jay456watt]

600m Dollars for 140mw

Watu wanajua kula aisee.

power stations very are expensive my friend...get some exposure plz

 

[Mkikuyu- Akili timamu]

No need of new plants when its clear that KPLC would rather buy from Expensive diesel plants than already existing renewable sources.

 

[mtanzania1989]

power stations very are expensive my friend...get some exposure plz

Kwa lugha nyepesi hawa jamaa wana dalili zote za ubabaishaji na incompetency. Bado najiuliza walishinda vipi tenda ya hiyo block? Uchimbaji wa Geothermal si mgumu kama wa mafuta au gesi kwa kuwa hakuna formation evaluation kubwa, na mara nyingi hakuna hata site geologist sasa kama wana delay kwa miaka 5 kwa mradi wa Geothermal na wanakuja kuchimba ka kisima kamoja tu, utajua tu hawa ni madalali.

Mwandishi mwenye akili angeongeza tu ili kubakisha leseni ya kitalu inabidi kuwa na operesheni ndani ya Kitalu ndani ya miaka 10, hawa wanachofanya ni kujaribu kulinda lesene yao, hakuna cha ziada hapo.