Namibia to oil majors: Produce now
Prime minister Elijah Ngurare has implored oil and gas majors currently exploring off the Namibian coast to move towards production of resources.
Ngurare made the comments at the National International Energy Conference underway in Windhoek in a message read on behalf of President Netumbo Nandi-Ndaitwah, and urged them to take confidence in Namibia’s potential to become an oil major.
“Namibia has recently experienced significant oil and gas discoveries, particularly in the Orange Basin offshore. Without a doubt, the government's wish is to move from discovery to actual production, without much delay, but with responsibility. Namibia’s oil and gas sector has developed gradually and steadily,” Ngurare said.
According to him, the government had taken a key interest in positioning Namibia favourably in the eyes of investors.
“Namibia’s energy journey has been shaped by foresight and deliberate action. Long before the recent discoveries, the government actively promoted the country’s potential in oil, gas, and renewable energy, laying a strong foundation for long-term growth,” Ngurare said.
It is now up to the developers of these resources to walk the road with Namibia on the road to sustainable development.
“We call on all our partners to work with us in a manner that reflects our shared commitment to responsible and sustainable progress,” Ngurare said.
“This next step will unlock the revenues needed to invest in infrastructure, diversify our economy, strengthen public services, and uplift our people. Through a well-paced approach, we will ensure our natural resources create long-term opportunity and national progress,” he added.
According to Ngurare, the government was aware of the challenges that lay ahead.
“We know the road ahead requires collaboration, technical capability and strong governance, and Namibia is ready. As we grow our national capacity, we will do so in partnership with those who share our vision for sustainable growth and shared value,” Ngurare said.
“Our collective aspiration is to add value to our natural resources, diversify our economy, create jobs, and uplift every Namibian. The energy sector is a critical part of that mission, not only as a catalyst for economic growth, but also as a pillar of our broader vision to position Namibia as a sustainable and forward-looking energy hub,” he added.
Ngurare made the comments at the National International Energy Conference underway in Windhoek in a message read on behalf of President Netumbo Nandi-Ndaitwah, and urged them to take confidence in Namibia’s potential to become an oil major.
“Namibia has recently experienced significant oil and gas discoveries, particularly in the Orange Basin offshore. Without a doubt, the government's wish is to move from discovery to actual production, without much delay, but with responsibility. Namibia’s oil and gas sector has developed gradually and steadily,” Ngurare said.
According to him, the government had taken a key interest in positioning Namibia favourably in the eyes of investors.
“Namibia’s energy journey has been shaped by foresight and deliberate action. Long before the recent discoveries, the government actively promoted the country’s potential in oil, gas, and renewable energy, laying a strong foundation for long-term growth,” Ngurare said.
It is now up to the developers of these resources to walk the road with Namibia on the road to sustainable development.
“We call on all our partners to work with us in a manner that reflects our shared commitment to responsible and sustainable progress,” Ngurare said.
“This next step will unlock the revenues needed to invest in infrastructure, diversify our economy, strengthen public services, and uplift our people. Through a well-paced approach, we will ensure our natural resources create long-term opportunity and national progress,” he added.
According to Ngurare, the government was aware of the challenges that lay ahead.
“We know the road ahead requires collaboration, technical capability and strong governance, and Namibia is ready. As we grow our national capacity, we will do so in partnership with those who share our vision for sustainable growth and shared value,” Ngurare said.
“Our collective aspiration is to add value to our natural resources, diversify our economy, create jobs, and uplift every Namibian. The energy sector is a critical part of that mission, not only as a catalyst for economic growth, but also as a pillar of our broader vision to position Namibia as a sustainable and forward-looking energy hub,” he added.
