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Home » OPEC Woos Namibia As African Nation Prepares To Produce From 2030

OPEC Woos Namibia As African Nation Prepares To Produce From 2030

CommoditiesEnergy

15 April 2024, 5:43 am 1 minute

Reuters exclusively reported that the OPEC+ oil producers group, having lost Angola and other players in recent years, is eyeing Namibia for possible membership as it sets up what could be Africa’s fourth-largest output by the next decade.

Market Impact

Total Energies and Shell in recent years have made discoveries estimated at 2.6 billion barrels, setting the stage for the southern African country to plan production from about 2030.

Article Tags

Topics of Interest: CommoditiesEnergy

Type: Reuters Best

Sectors: Commodities & Energy

Regions: Africa

Countries: Namibia

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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