The Economic Association of Namibia (EAN) will host the National Oil and Gas Conference in two weeks.
 
The conference follows the national Green Hydrogen Conference, which was held in August last year.

EAN Board Chairperson Jason Kasuto says it is the body's mandate to serve as a catalyst for Namibia's social-economic development.

The conference, scheduled for later this month, will give local and foreign stakeholders a chance to engage robustly and shape a healthy future for the country.

Oil and gas have become topical issues in the country by virtue of the potential GDP and household income this lucrative industry bears.

"As Namibians, we know our problems: poverty, unemployment, and inequality; therefore, it is important that we grab with both hands opportunities that can help us design a better future. We need to own our problems, and we need to own processes for solving them. If the oil and gas industry brings some promise, let's open it up and engage; let's also not shy away from the real conversation, such as mixing energy and shared infrastructure," said Kasuto.

In August 2022, the EAN, in collaboration with NIPDB and the Hanns Seidel Foundation, organised a Conference on Green Hydrogen. It was attended by about 500 national and international delegates.

At the conference, the Prime Minister said it was accepted that hydrogen can provide energy that is abundant and sustainable in the form of green hydrogen.

She added that Namibia's world-class renewable energy resources of wind and solar, along with access to seawater, provide a perfect complement to the world's needs for sustainable fuels and the government's efforts to create jobs, alleviate poverty, and enhance development.

Namibia Investment Promotion Development Board Chief Executive Officer, Nangula Uaandja, explains the importance of the Oil and Gas Conference.