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Invictus Energy Secures Key Approval for Zimbabwe Gas Project...
17 Feb, 2025 07:36
447 min read
Invictus Energy Ltd. received a major regulatory boost when the Environmental Management Agency (EMA) of Zimbabwe accepted its Environmental and Social Impact Assessment (ESIA) (ASX: IVZ, OTCQB: IVCTF, VFEX: INV). In order to commercialize the country's gas reserves, the Cabora Bassa Project needs to start pilot production, which is made possible by this license.
In addition to future activities under Exclusive Prospecting Orders (EPOs) 1848 and 1849 and Special Grant 4571 (SG 4571), the ESIA includes the transportation, liquefaction, and extraction of gas from the Mukuyu gas field. Additionally, Invictus has received formal approval to begin pilot production under License No. L10000062291....
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