Namibia and Qatar sign MoU on oil and gas sector

Minister of Mines and Energy Tom Alweendo, on behalf of the Government of Namibia, signed a Memorandum of Understanding (MoU) with the State of Qatar, represented by QatarEnergy last week in Doha.

This follows extensive discussions on the areas of collaboration in Namibia and a reciprocating to last year’s visit to Namibia by Saad Sherida al-Kaabi, Minister of Energy in Qatar and the president and chief executive officer of QatarEnergy.

A media statement issued by the Ministry of Mines and Energy on Wednesday said the MoU signed on 16 April is aimed to strengthen the bilateral relations between the two nations through the existing relationship between the Namibian Government and the national oil company of Qatar.

The relationship stems from their participation in the exploration of oil and gas resources and their resultant discoveries of light crude oil in the Namibia Orange Basin, it said.

“The two States agreed to work together to strengthen the Namibian labour force and ensure that Namibians, especially young people, are equipped to work in the nation’s expanding oil and gas sector,” the statement read.

Additionally, the two States concurred to work together through the exchange of technical know-how, industrial information, and expertise to advance the development of Namibia’s petroleum industry.

Source: Namibia Press Agency