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RB_79

06/30/14 11:52 AM

#5177 RE: CrazyDonkey #5172

hmmmm don't know how much they get their diesel fuel in congo? but maybe 1/2 million + a month for 600,000 Litres plus???? not to mention cost of hauling, operations etc...for handling.

Just read that "congo has the fifth largest natural gas reserve in Sub-Saharan Africa, at 3.2 Tcf, A majority of natural gas around 65% is reinjected and 21% flared."

If I was Banro I would talk with the producer in the area, pipeline some fuel gas over, this would limit the % flared for the producer, pipeline will pay itself at the end of the day. Good for both parties.

That's the great thing about a project I am doing in Africa, we have some genset we are installing, they are dual fueled. We found a producer that is dying to give up it's fuel gas because they have to limit their flaring and it's creating limitation on their operational side. At this present time they are giving it away free.



investorwisdom

06/30/14 12:02 PM

#5179 RE: CrazyDonkey #5172

Dalbit is a private company from Kenya, looks like this company is the money maker, transporting all that Diesel fuel through the DRC is a risky proposition, I wonder what the cost is per liter that Banro pays out to Dalbit.