Australia's NuEnergy Gas Begins Hunt for Shale Gas, CBM in Malawi

Australian company NuEnergy Gas has launched an airborne geophysical exploration for shale gas and coal bed methane (CBM) at its 346 square kilometre licence area in Chikhwawa district, in the lower Shire Valley area in southern Malawi, The Southern Times newspaper said.   

The company plans to set up compressed natural gas (CNG) and micro liquefied natural gas (LNG) plants in Malawi to enable efficient transportation of CBM and shale gas to distribution points for sale to industries and for use as fuel for motor vehicles and truck fleets, the newspaper quoted NuEnergy Chairman, Graeme Robertson.

“As Malawi has no indigenous source of liquid fuels, gas as a fuel for transport will have a ready and well supported market in terms of price and demand. As gas will be an alternative to expansive diesel, pricing is expected to be attractive which will be a benefit to the people of Malawi,” said Robertson. 

NuEnergy has a 100% participating interest in an Exclusive Prospecting Licence (EPL0360/12) in the south of Malawi. The license covers both CBM and shale gas exploration.

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