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Namibia and Norway Discuss Future of Oil and Gas Industry in High-Level Meeting

Minister of Norway visit President Netumbo Nandi-Ndaitwah

Namibia and Norway are looking to strengthen their longstanding bilateral relations, with a particular focus on cooperation in the oil and gas industry following a meeting between President Netumbo Nandi-Ndaitwah and Norway’s Minister of International Development, Åsmund Aukrust, at State House in Windhoek on Wednesday.

The courtesy visit provided an opportunity for the two countries to discuss areas of mutual cooperation, particularly petroleum development, environmental protection and the sustainable management of natural resources.

President Nandi-Ndaitwah welcomed Aukrust and his delegation, expressing appreciation for the longstanding relationship between Namibia and Norway, which dates back to Namibia’s liberation struggle and has continued to grow since independence.

During the discussions, Norway’s experience in managing its oil and gas industry emerged as an important area from which Namibia could benefit as it prepares to develop its own petroleum resources.

The President acknowledged Norway’s historical contribution to Namibia’s petroleum sector, including its assistance in developing the country’s Petroleum Act, which remains in force. However, she indicated that Namibia is considering amendments to the legislation in response to changing circumstances in the industry.

The President also highlighted the importance of ensuring that petroleum resources benefit all Namibians, while Minister Aukrust reaffirmed Norway’s willingness to share its experience in managing natural resources for the benefit of the wider population.

Environmental protection and responsible resource management also featured prominently in the discussions, with both countries recognising the importance of balancing economic development with environmental responsibility.

President Nandi-Ndaitwah further described recent technical discussions between the two countries, held from 28 October to 6 November, as productive. She indicated that further engagements would allow both sides to explore areas of cooperation in greater detail.

Beyond the energy sector, the two leaders exchanged views on the evolving geopolitical landscape and challenges facing multilateralism. They emphasised the importance of continued dialogue, mutual respect and international cooperation in promoting global peace and stability.

Minister Aukrust thanked President Nandi-Ndaitwah for receiving him and his delegation and conveyed warm greetings from Norwegian Prime Minister Jonas Gahr Støre.

He reaffirmed Norway’s commitment to strengthening its friendship with Namibia and encouraged Norwegian businesses to explore investment opportunities in the country.

The engagement reflects the continued partnership between Namibia and Norway as Namibia works towards developing its emerging oil and gas industry while seeking to ensure that its natural resources contribute to long-term national development.

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TUW
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The Updated World delivers timely and well-researched articles on various topics, including the latest news updates, health, wellness, sports, current affairs, and more.

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