Namcor uncovers N.dollars 1 million fuel theft at oil storage facility

WINDHOEK: The National Petroleum Corporation of Namibia (Namcor) has uncovered the theft of fuel valued at over N.dollars 1 million at the National Oil Storage Facility at Walvis Bay.

This is according to a press statement issued by the corporation on Wednesday.

‘This follows the loading of 39 993 litres of diesel ADO 50 ppm in December 2023 and 39 891 of the same product in January 2024. Despite loading documents suggesting that the two loads were destined for a customer site, there is no evidence of the product having arrived or received by the bulk fuel customer. Namcor has conducted an extensive internal investigation, which included theft of fuel,’ the statement reads.

A case of theft was opened last week at the Walvis Bay Police Station. The statement further stated that the truck driver who transported the two loads resigned last week.

Namcor’s Interim Managing Director, Ebson Uanguta, said the company is committed to leaving no stone unturned in addressing this unbecoming behaviour.

‘We are worki
ng around the clock to ensure that the culprits responsible for this bear the full consequences of their actions. There is a legal and moral obligation imposed upon Namcor to operate in accordance with the highest standards commensurate with a national oil company,’ Uanguta said.

Source: The Namibia Press Agency