An official in Africa stated that the OPEC+ alliance is looking forward to granting possible membership to Namibia, while the foundations are being laid that will enable it to be the fourth largest oil producing country in Africa by the next decade. Angola and other countries have announced their withdrawal in the past few years from the alliance composed of… From the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia.

Total Energy and Shell have reported oil discoveries in recent years estimated at about 2.6 billion barrels, which paves the way for the southern African country to plan to start production starting around 2030. The alliance is focusing on Namibia joining the Cooperation Charter, which is The group, which engages in a long-term dialogue on energy markets, and Brazil joined the pact in January.

The CEO of the African Energy Chamber, NJ Ayuk, indicated that OPEC forms the core group for OPEC+ with Russia and other allies, and the chamber is involved in facilitating talks between the two sides. During the month of February, the Secretary-General of OPEC stated that the organization is holding talks with several countries in order to join. Charter without naming it.

About 2.6 billion barrels of oil have been discovered in Namibia this decade so far, and Namibia aims to reach 700,000 barrels per day of maximum production capacity by the next decade.