Page 9 - DMEA Week 37 2021
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DMEA                                           REFINING                                               DMEA


       Namibian govt urged to require




       ReconAfrica to build refinery




        AFRICA           THEMISTOKLES  Murorua, a member of  to decide whether to build such a plant.
                         Namibia’s lower house of Parliament, has   Namibian officials cannot come to any con-
                         urged Windhoek to demand that ReconAfrica  clusions yet, since no commercial oil discoveries
                         (Canada) build a refinery as it proceeds with  have been made to date, the minister explained.
                         the development of crude oil reserves in the  “Right now, no oil has been found,” he was
                         Kavango basin.                       quoted as saying by New Era. “Only when it is
                           Murorua, a member of the opposition faction  found, then we can enter an agreement with the
                         known as United Democratic Front (UDF), said  company ... We could consider that if and when
                         last week that the government ought to push for  the oil is found.”
                         the construction of an oil-processing plant as   In any event, Alweendo remarked, building
                         a pre-condition for approval of ReconAfrica’s  an oil-processing plant is not a sure-fire way to
                         future development plans.            bring fuel prices down. “It does not mean when
                           Namibia may not be able to optimise its gains  we have a refinery here, we will have a cheaper
                         from oil projects if it does not develop the capac-  product,” he declared.
                         ity to meet its own need for petroleum products,   ReconAfrica is working with NAMCOR,
                         he argued.                           the national oil company (NOC) of Namibia, to
                           “Or are we going to export raw [crude] oil and  explore the PEL 73 licence area in the Kavango
                         buy fuel back at a high price? In [the] absence of  basin.
                         that condition, the government of Namibia must   The two companies signed a joint operating
                         have a plan to put up a refinery,” he remarked.  agreement (JOA) earlier this year, not long after
                           Namibia’s Mines and Energy Minister Tom  ReconAfrica reported that it had found evidence
                         Alweendo, who was present in the National  of a working conventional petroleum system in
                         Assembly on the same day, responded to the  6-1, its second exploration well at PEL 73.
                         MP’s statements by declaring that Windhoek   This marked ReconAfrica’s second discovery
                         had not made any decisions about the construc-  since the beginning of 2021, as its first explora-
                         tion of an oil refinery to supply the domestic fuel  tion well – 6-2, drilled 16 km to the south – also
                         market.                              contained a working conventional petroleum
                           He said the government was not in a position  system.™












































       Week 37   16•September•2021              www. NEWSBASE .com                                              P9
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