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OPEC explores partnership opportunities in Namibia’s oil sector

Credible News by Credible News
April 24, 2024
in Economy, Global Trade, News
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OPEC explores partnership opportunities in Namibia's oil sector

OPEC explores partnership opportunities in Namibia's oil sector

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The Secretary General of the Organization of the Petroleum Exporting Countries, OPEC, Haitham Al Ghais has expressed enthusiasm about a prospective collaboration with Namibia.

Al Ghais affirmed OPEC’s readiness to assist the southern African nation in its oil endeavors.

Al Ghais made these remarks on Wednesday during a pre-recorded message at an international energy conference held in Namibia.

READ ALSO: Tragedy in the Mediterranean as Tunisian coast guard retrieves bodies of 19 migrants

He highlighted the significance of Namibian oil and energy resources in meeting future demand and encouraged potential investors to explore the numerous opportunities available in the country.

OPEC, which has seen the departure of Angola and other members in recent years, is considering Namibia for potential membership, recognizing its potential to become Africa’s fourth-largest oil producer by the next decade.

Tags: Credible NewsHaitham Al GhaisNamibia's oil sectorNewsOPECOpportunitiesOrganization of the Petroleum Exporting CountriesPartnership
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