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Cabora Bassa Basin Gas Development

Sector: Oil and Gas • Location: Harare, Zimbabwe

Source: MEXC

Project
Planned

Zimbabwe has signed a petroleum production sharing agreement (PPSA) with Invictus Energy's Geo Associates subsidiary to formalize the commercial framework for the Cabora Bassa Basin. The project aims to monetize Zimbabwe's emerging gas resource base, with potential gas reserves of up to 1.2 trillion cubic feet and 73 million barrels of condensate. The next major exploration well, Musuma-1, is plan

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Project Information

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The project “Cabora Bassa Basin Gas Development” is an infrastructure initiative in the Oil and Gas sector, located in Harare, Zimbabwe. Taiyo aggregates data on it from MEXC.

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Participants

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Description

Description

Zimbabwe has signed a petroleum production sharing agreement (PPSA) with Invictus Energy's Geo Associates subsidiary to formalize the commercial framework for the Cabora Bassa Basin. The project aims to monetize Zimbabwe's emerging gas resource base, with potential gas reserves of up to 1.2 trillion cubic feet and 73 million barrels of condensate. The next major exploration well, Musuma-1, is planned for the second half of 2026. The project is positioned as a strategic pillar for energy security, industrial development, and foreign currency generation in Zimbabwe.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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