@namibiansun The company is just doing a pure exploration and once they find oil or gas in an economic volume, they will go back to MME and apply for a Production license - at this point is when they will inform MME the extraction method that will be use.
@TheNamibian The oil & gas industry uses the latest and robust technology to protect the environment, Namibians letβs not worry too much our environment will remain safe.
@EagleFMNam Oil companies are using the latest and very advanced technology to protect the environment, it is not necessary to stop the exploration program.
Environment is protected at all time, our people are misinformed by those that are pushing their own agenda
#Oil traders are strangling to find storage for #crude#oil, I hope our National #Oil Company is using this opportunity to store the product and make some #money
@MbuiKandjoze How on Earth are #oil explorers going to spend #money on exploration program, we need #government to defer the Work Program for all companies operating in Namibia ππ
Today #oilprice is US$27 a barrel, this is worse than the price drop in 2014. I hope my GRN is working on a strategy to ensure that the current operator donβt leave #Namibia
@ngurare I havenβt model the mining industry numbers, not sure. What we know is there is 35% mining tax and 1% export levy. All these are over and above 3% Royalty tax that is applied on gross revenue
Please give us a call if you have anything you would like to be transport within the in #Namibia, our number is 0811436650 or e-mail us at #uaapi[email protected]