{"id":1772,"date":"2025-08-21T07:24:16","date_gmt":"2025-08-21T07:24:16","guid":{"rendered":"https:\/\/www.vujic-geopolitika.com\/?p=1772"},"modified":"2025-08-22T00:28:45","modified_gmt":"2025-08-22T00:28:45","slug":"namibija-buduci-globalni-energetski-el-dorado","status":"publish","type":"post","link":"https:\/\/www.vujic-geopolitika.com\/en\/2025\/08\/21\/namibia-future-global-energy-el-dorado-in-africa\/","title":{"rendered":"Namibia\u2014future global energy \u201cEl Dorado\u201d in Africa "},"content":{"rendered":"

Eleven billion barrels of oil and 2.2 trillion cubic feet of natural gas. This official estimate of Namibia\u2019s fossil reserves, places the country along the Atlantic coast of southwest Africa among the \u201cmost promising new energy frontiers\u201d Mohamed Hamel, secretary general of the Gas Exporting Countries Forum (GECC), said at a recent energy conference in Namibia\u2019s capital Windhoek (August 12-15).<\/p>\n

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(Walvis Bay port, Wikipedia)<\/figcaption><\/figure>\n

In the meantime, global energy business is not losing sight of the fact that Africa currently has about 125 billion barrels of proven oil reserves, which was widely discussed at the African Energy Forum in Paris in May. Where there is oil in Africa, it is of persistent interest to foreign but also to the increasing number of domestic oil companies on the Black Continent.<\/p>\n

As things stand now, the most oil in Africa is in: Libya (48.36 billion barrels), Nigeria (37.89 billion\/b), Algeria (12.20 billion b), Angola (7.78 billion b), South Sudan (3.75 billion b), and the top ten also includes Egypt, Congo-Brazzaville, Uganda, Gabon and Chad.<\/p>\n

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And where else? American corporation \u201cS&P Global\u201d has an influential answer on that topic. Namely, \u201cS&P Global\u201d in its petro report \u201cHigh Impact Wells 2025<\/em>\u201d points out that of all new oil finds discovered in the world last year, 35 percent were located in Africa, mostly in the less explored addresses (60 percent). One such \u201cAfrican location\u201d \u2013 in Namibia, seems to stand out globally.<\/p>\n

\u201cAmong more than 70 new global oil discoveries in 2024, three contained the largest reserves: in the Orange Sub region of the wider Southwest African Coastal Basin, Central Arabian Province and the Guyana Basin,\u201d the S&P Global Report states.<\/p>\n

Incidentally, in 2022, Shell, together with partners from Qatar and Namibia, confirmed that it had reached a \u201cpromising\u201d oil vein in the Orange Sub region, south of the Namibian port of Walvis Bay, in the Atlantic Ocean 270 kilometres from the coast… How much oil and gas there is exactly, is not yet official, … nor in the nearby Kudu oil exploration zone …<\/p>\n

OPEC seems not indifferent to this too.<\/p>\n

So, it could happen that Namibia\u2014after decades of sporadic and expensive exploration attempts by numerous mega-petro companies starting in the 1960s\u2014soon (according to Windhoek’s expectations, as early as 2029) will emerge among the leading producers of “black gold” in Africa.<\/p>\n

In this regard, Netumbo Nandi\u2014Ndaitwah, the president of Namibia, is leaving nothing to chance. As recently as May, Nandi\u2014Ndaitwah established a “upstream petroleum unit” within her cabinet to have direct control over the further development of the energy sector of the country of three million inhabitants on 824,292 square kilometres, and with a 1,572-kilometer coastline. “Namibia will not tolerate practices in the oil and gas industry that deny citizens their share of benefits ” Nandi-Ndaitwah warned at a recent conference in Windhoek.<\/p>\n","protected":false},"excerpt":{"rendered":"

Eleven billion barrels of oil and 2.2 trillion cubic feet of natural gas. This official estimate of Namibia\u2019s fossil reserves, places the country along the Atlantic coast of southwest Africa among the \u201cmost promising new energy frontiers\u201d Mohamed Hamel, secretary general of the Gas Exporting Countries Forum (GECC), said at a recent energy conference in […]\n","protected":false},"author":1,"featured_media":1774,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[108],"tags":[],"class_list":["post-1772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-oil-and-gas-new-hunting-season"],"_links":{"self":[{"href":"https:\/\/www.vujic-geopolitika.com\/en\/wp-json\/wp\/v2\/posts\/1772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vujic-geopolitika.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vujic-geopolitika.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vujic-geopolitika.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vujic-geopolitika.com\/en\/wp-json\/wp\/v2\/comments?post=1772"}],"version-history":[{"count":3,"href":"https:\/\/www.vujic-geopolitika.com\/en\/wp-json\/wp\/v2\/posts\/1772\/revisions"}],"predecessor-version":[{"id":1776,"href":"https:\/\/www.vujic-geopolitika.com\/en\/wp-json\/wp\/v2\/posts\/1772\/revisions\/1776"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vujic-geopolitika.com\/en\/wp-json\/wp\/v2\/media\/1774"}],"wp:attachment":[{"href":"https:\/\/www.vujic-geopolitika.com\/en\/wp-json\/wp\/v2\/media?parent=1772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vujic-geopolitika.com\/en\/wp-json\/wp\/v2\/categories?post=1772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vujic-geopolitika.com\/en\/wp-json\/wp\/v2\/tags?post=1772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}