Namibia: The Road to First Oil and Beyond
Namibia’s transformative E&P journey is nearing a hugely significant milestone: First oil, and potentially 450,000 barrels/day by 2035. As production ramps up, Namibia could benefit from its first fiscal surplus since 2008. With effective revenue management, the potential for enhanced economic diversification is significant. Cooperation between industry stakeholders will determine how Namibia navigates the path ahead, facilitating new developments and additional exploration.
Download the energy map to view the latest on Namibia's transformative exploration and production journey.
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