Approval of Environmental Impact Statement for Lesedi CBM Project

Source: www.gulfoilandgas.com 9/29/2016, Location: Africa

Tlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and Southern Africa through the development of coal bed methane (CBM) projects, is pleased to announce that Botswana's Department of Environmental Affairs (DEA has approved the Environmental Impact Statement (EIS) submitted by the Company in December 2015 for its Lesedi CBM Project (Lesedi), following a public review.

Key points:

> EIS approval is a major achievement and facilitates application for a Production Licence (Mining Licence) for a 50MW project at Lesedi, moving the Company through the exploration phase into development
> The authorisation is for all the specified project activities in the EIS application
> DEA considers that the EIS adequately addressed the relevant impacts associated with the proposed development at Lesedi

Tlou Executive Director Gabaake Gabaake said, "We continue to deliver milestones which de-risk our development of a 50MW CBM project at Lesedi and the granting of the EIS is good news for the Company, for the Lesedi project and for the people of Botswana. The EIS is a prerequisite for the Mining Licence which, when granted, provides security of tenure over our licences. Environmentally there is a need in Botswana for the development of a relatively clean, low carbon energy source to replace the use of diesel in the production of electricity. CBM from the Lesedi project provides one component of a future clean energy mix. The effort put in by our team and our environmental consultants, Ecosurv, has been exceptional. I would like to thank them for all the work that has led to this environmental approval. We will continue to progress the project and I look forward to updating the market in due Course."

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Related Categories: Ecological & Environmental  Emissions Measuring  Environment Management, Consultancy  Environmental Services  General  Hazardous Waste Management  Oil Spill & Emergency Response  Safety Services  Waste Disposal 

Related Articles: Ecological & Environmental  Emissions Measuring  Environment Management, Consultancy  Environmental Services  General  Hazardous Waste Management  Oil Spill & Emergency Response  Safety Services  Waste Disposal 


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