Home Africa Namibia: Which Town Will Be the Next Aberdeen? – News

Namibia: Which Town Will Be the Next Aberdeen? – News

Namibia: Which Town Will Be the Next Aberdeen? – News

Africa Links 24 with Roman Grynberg
Published on 2024-08-04 06:00:00

… Walvis Bay, Lüderitz, or Oranjemund?

Namibia is currently hot property in the oil and gas exploration industry.

For an industry that is supposed to be in decline due to the world’s decarbonisation goals for 2050, it is showing remarkable resilience and strength.

What is now known is that there is an expected 11 billion barrels of oil and 9 trillion cubic feet of gas at the mouth of the Orange River.

The Orange River has been remarkably kind to Namibia, providing it with…

Read the Full article on The Namibian

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