• Can Namibia become a top 15 oil-producing country by 2035?
  • ¡°If proven together with the Graff, Yonker, and Kudu discoveries, has the potential to position Namibia in the top 15 oil-producing countries by 2035, which has the potential for an upward transformation of the Namibian economy.¡±
  • 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.
  • Why do we need oil & gas reserves in Namibia?
  • She added: ¡°Namibia is a land of unspoiled beauty and rich resources, and the discovery of oil and gas reserves within our borders brings both opportunities and responsibilities. We must ensure that the development of this sector not only brings equitable economic development but should be done in harmony with our environment.¡±
  • Are Namibia’s feed-in tariffs too low?
  • For on-grid electricity feed-in, current agreements on feed-in tariffs are considered too low for independent power producers to be lucrative. Of the bioenergy currently produced in Namibia, so far only charcoal, briquette fines and ¡°bushblok¡± are being exported.
  • How can agriculture reduce poverty in Namibia?
  • Enhancing rural incomes, at least in the short and medium term, is thus necessary for poverty reduction. As in most African countries, agriculture plays an important role in combating poverty. It is the largest employer in Namibia, supporting, directly or indirectly, 70 percent of the population.
  • How did Africa Oil & valeura Energy Corp perform after a discovery?
  • Africa Oil reported a discovery of oil in Kenya, leading to 379% gains for their stocks. Valeura Energy Corp made a discovery in Turkey, resulting in 1,000% gains for their stocks.