Mines and Energy Minister Tom Alweendo has reiterated that all natural resources belong to Namibians and need to be harnessed in order to benefit all.
Alweendo said this during an open discussion on the discovery of oil and gas in the ||Kharas Region.
The Namibian government will continue to encourage and support local investors to actively participate in the energy sector.
This was reiterated by the Minister of Mines and Energy, Tom Alweendo, at an information-sharing session at Keetmanshoop on the discovery of oil in the ||Kharas Region.
Landless People's Movement (LPM) Leader Bernadus Swaartbooi has appealed to the Mines and Energy Minister to consider criminal prosecution against Xinfeng Investment and the Environmental Commissioner over the alleged illegal mining operations near Uis.
The Minister of Mines and Energy, Tom Alweendo, says there is a need to create an environment where Namibians can have local ownership of investment in the mining and petroleum sectors.
Alweendo was speaking at the Debmarine Stakeholder Breakfast Meeting in Windhoek today.
As the international oil market continues to have a huge fall in oil demand, diesel prices are expected to increase on Wednesday by 198 cents per litre.
It is, however, a relief for petrol users as prices remain unchanged.
The Namibian government is busy training locals and equipping them to develop the oil and gas industries, benchmarking off Qatar.
Mines and Energy Minister, Tom Alweendo, says the training is facilitated through the Petroleum Training and Education Fund.
