OPEC woos Namibia as African nation prepares to produce from 2030 | Reuters News Agency
CommoditiesEnergy

OPEC woos Namibia as African nation prepares to produce from 2030

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
FILE PHOTO: The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen at OPEC's headquarters in Vienna, Austria June 19, 2018.   REUTERS/Leonhard Foeger/File Photo
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