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    Invictus Energy (ASX:IVZ) ink gas-to-power deal with Mbuyu Energy

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    Invictus Energy updated a memorandum of understanding with Mbuyu Energy for the supply of gas to a planned 500MW gas-to-power project in Zimbabwe.

    The move will draw on gas from Invictus' 80 % owned and operated Cabora Bassa Project in the country.

    The plant could be expanded to 1,000MW in future, necessitating roughly 1.4tn cubic feet of natural gas over two decades.

    The move forms part of Invictus Energy's commercialisation strategy.

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