Zimbabwe: Australian firm drills for oil and gas
A new 3.5km deep oil and gas well is being drilled in northern Zimbabwe by Australian company Invictus Energy in partnership with the government.
The project is being called “a game changer” for the country, as it could improve its electricity supply and economy.
President of Zimbabwe, Emmerson Mnangagwa, said the government is excited about the discovery of oil and gas potential in Zimbabwe.
He said that untapped oil and gas fields offer “massive, unique and competitive investment opportunities”.
But environmentalists are wary of the well, saying it can damage animal habitat and vegetation.
The founder of the Center for Natural Resources Management said: “Once the project is fully operational, we expect serious environmental damage.”