crude oil production line chart in Namibia

Commodities 2024: Namibia's nascent oil sector prepares

  • crude oil production line chart in Namibia
  • crude oil production line chart in Namibia
  • crude oil production line chart in Namibia
  • crude oil production line chart in Namibia

Can Namibia Unlock Its Vast Oil Reserves? OilPrice

Namibia Gets Ready to Become the World’s

Namibia Countries & Regions IEA International Energy

Namibia Is Gearing Up for a Major Oil Boom

  • How much oil will Namibia produce by 2035?
  • The trio will take Namibia's production to 381,360 b/d by 2035, higher than OPEC members Republic of Congo and Gabon. Other projects, including Jonker, would boost that number further. The crude discovered offshore Namibia is light oil. The new oil frontier is already drawing investment away from mature West African basins.
  • When will Namibia get its first oil?
  • According to S&P Global forecasts, Namibia will see first oil in 2029 from Venus and 2030 from Graff, while BW Energy's Kudu gas field will come online in 2028. The trio will take Namibia's production to 381,360 b/d by 2035, higher than OPEC members Republic of Congo and Gabon. Other projects, including Jonker, would boost that number further.
  • Will Namibia join OPEC when oil production starts?
  • Antonio Oburu Ondo, Equatorial Guinea's oil minister and the current OPEC president, has even been encouraging his Namibian counterpart, Tom Alweendo, to join the group when production starts, sources said.
  • Will oil & gas production create employment opportunities in Namibia?
  • Once proven, the development of these discoveries and consequent commencement of oil and gas production in Namibia will create significant employment opportunities,” she said.

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