NAMCOR – Windhoek Observer

15 Jun

ReconAfrica in water license misunderstanding

ObserverObserver MoneyMinistry of Agriculture, NAMCOR, Namibia, National Petroleum Corporation of Namibia (Namcor), ReconAfrica, Water and Land Reform (MAWLR)

Kandjemuni Kamuiiri A misunderstanding from ReconAfrica, an oil and gas exploration company searching for oil in the Kavango basin, led to the company operating without a water permit, Ministry of Agriculture, Water and Land Reform (MAWLR) Deputy Executive Director (ED) Maria Amakali has revealed. “As such, there was a misunderstanding from their side that because they are operating in non-water control area, they did not need a permit.” This appears to be a contradiction to Agriculture minister Calle Schlettwein’s revelation last month that the company had applied to drill boreholes, for both exploration and abstraction and purposes and that, thus…

24 Mar

Namcor in N$600 million fuel fix

ObserverObserver MoneyNAMCOR, Namibia Competition Commission (NaCC), National Petroleum Corporation of Namibia (Namcor)

Kandjemuni Kamuiiri The National Petroleum Corporation of Namibia (Namcor) is in fix after importing fuel worth N$600 million despite its service stations only able to consume eight percent of the order. Namcor imported 20 million litres of ULP (unleaded petrol) of which 3.6 million litres still remain, 37 million litres of ADO (diesel) of which 17 million litres still remain, and nine million litres of lower sulphur fuel oil (LSFO) of which four million litres are still remaining. The large volume of the import, brought in the country as part of the commissioning of the National Oil Storage Facility, has…

21 Oct

Govt targets new deadline for National oil storage facility

ObserverObserver MoneyNAMCOR, Namibia Energy Fund (NEF), National Petroleum Corporation of Namibia (Namcor)

Clifton Movirongo Government’s construction and operationalisation of the N$5.5 billion National Oil and Petroleum Storage Facility at Walvis Bay is set to be completed before the 30 November 2020. Although the Namibia Energy Fund (NEF) financed project is not operational and finalised yet, mines and energy minister Tom Alweendo, said that government decided that National Petroleum Corporation of Namibia (Namcor) will be at the helm of running the facility which includes a fire station. “Because of the COVID-19 pandemic, we are only going to commission the operationalisation next month, and by then everything must be finished. The whole project is…

11 Aug

NAMCOR board appointed

ObserverObserver MoneyLeon Jooste, NAMCOR, Public Enterprises minister

Staff Writer Public Enterprises minister, Leon Jooste on Monday announced a new National Petroleum Corporation of Namibia (NAMCOR) board to be chaired by Nampost Executive, Jennifer Comalie. MTC Chief Human Capital and Corporate Affairs Officer, Tim Ekandjo who was recently appointed Deputy Chairperson of the Namibian Broadcasting Corporation, will take up a similar role in the new look board, which has seen former board Chairperson, Engelhardt Kongoro becoming an ordinary board member. Professional Coach, Movational Speaker and Human Resources Executive, Florentia Amuenje was also appointed to the board with Namdia board member, Selma Shimutwikeni. Tresia //Gowases and previous board member,…