Namibia May Become Fourth Largest Oil Exporter if Organization of Petroleum Exporting Countries Deal Goes Through

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On the Foreign Scene

The Organization of Petroleum Exporting Countries (OPEC) is eyeing Namibia for possible membership following significant oil discoveries within its borders, including estimations of 2.6 billion barrels by Total Energies and Shell.

This positions Namibia to become the fourth largest oil exporter by output within the next decade. OPEC aims to engage Namibia in long-term dialogue about energy markets, with Brazil already joining the charter in January.

NJ Ayuk, Executive Chairman of the African Energy Chamber, has been facilitating talks between OPEC and Namibia, expressing OPEC’s desire for Namibia to become a full member.

OPEC Secretary-General, Haitham Al Ghais, mentioned ongoing discussions with several nations for charter membership, with Namibia being a notable candidate. The prospect of collaboration was raised during a meeting between Al Ghais and Namibian Minister of Mines and Energy, Tom Alweendo.

Last year, Namibian Petroleum Commissioner, Maggy Shino, expressed Namibia’s interest in joining OPEC, indicating the country’s willingness to collaborate with the organization.

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