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    The Namibian: Blame game affects Kudu Gas Project

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Summary

The war of words over the future of Namibia's Kudu Gas power plant continued, with officials blaming the most recent delay on the Ministry of Finance.

by: Sruthi

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Press Notes, Africa

The Namibian: Blame game affects Kudu Gas Project

The war of words over the future of Namibia's Kudu Gas power plant continued yesterday, with officials blaming the most recent delay on the Ministry of Finance.
Some senior officials leading the negotiations in the Kudu Gas project are blaming the finance ministry for dragging its feet on the finalisation of the support package, in terms of which government would issue guarantees for the multi-million dollar energy project.

“Why is the Ministry of Finance quiet about the support package? The ministry is delaying the project,” said a source close to the government negotiating team.

Efforts to get an official comment from the finance ministry were not successful but a senior official in the ministry rubbished claims that the ministry is delaying the project. The official said all finance did was to assess the financial implications for Treasury.
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