US Gas Producer Sees $500 Million Investment in Congo Methane Project

  • Company to extract methane and CO2 from Lake Kivu Idjwi block
  • Houston company plans gas pipeline to Bukavu for miners

Lake Kivu

Photographer: Luke Dennison/AFP/Getty Images

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Winds Exploration and Production LLC said its project to produce methane from Lake Kivu in eastern Democratic Republic of Congo can be expanded to a $500 million investment and displace diesel generators used by miners.

The company plans to build a modular plant, ship methane by pipeline and export liquefied CO2 from the 473-square-kilometer (183-square-mile) Idjwi block it wonBloomberg Terminal last month.