Kavango West questions 10% Oil, Gas benefit
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Namibia's oil and gas sector could boost the economy, but some residents in the Kavango West Region think the 10% benefit share is too small to grow the economy.
Namibia's oil and gas sector could boost the economy, but some residents in the Kavango West Region think the 10% benefit share is too small to grow the economy.
The Head of the Upstream Petroleum Unit, Kornelia Shilunga, said that the Namibian government will enforce a strict upstream petroleum local content policy to ensure the country's discovered oil translates into real benefits to all Namibians.
The Brazilian government is proposing to expand the flagship naval cooperation with Namibia to include the exchange of expertise in the oil and gas industries.
The former interim managing director of Namcor, Ebson Uanguta, has said Namibia is not limited to a 10% interest in several offshore blocs that it owns.
The Association of Local Authorities in Namibia (ALAN) president, Samuel !Oe-Amseb, says there is a need for local authorities to benefit from the growing oil and gas industries.
The Institute for Public Policy and Research (IPPR), led by Executive Director Graham Hopwood, is calling on Namibia to join the Extractive Industries Transparency Initiative (EITI). This global standard aims to promote openness and accountability in sectors like mining, oil, gas, and other natural resources.
Minister of Mines and Energy, Tom Alweendo, emphasizes that the oil, gas, and green hydrogen industries in Namibia require skilled labour, technological advancements, and robust infrastructure.
As Namibia's oil and gas sector gains momentum, there is a strong focus on developing the necessary skills for its success.
As Namibia's oil and gas sector gains momentum, there is a strong focus on developing the necessary skills for its success.
Thirteen Namibians with Level 3 qualifications in welding, fitting, and turning will be trained in vital oil and gas vocational skills in Angola.
With the help of this programme, Namibians will be better equipped to progress the country's rapidly growing oil and gas industry.