NAMIBIA

(in West Africa)

CAPITAL: WINDHOEK

POPULATION: 2.5 mm

AREA (on): 825,400 km2

OIL PEAK: na

SUPPLY

The prospective rift basins of Angola are generally absent in Namibia south of the volcanic Walvis ridge, which runs east-west and roughly separates the two countries. There is currently no oil or gas production.

However Namibia’s three relatively undrilled basins (Walvis, Luderitz and Orange) have some limited potential. The Kudu gas field in the southernmost Orange basin was discovered in shallow waters in 1973 but it has not been developed due to lack of a gas market. The South African minerals and energy department has been investigating the feasibility of establishing a national gas pipeline grid, including natural gas from Namibia, and it is forecast that gas, with minor NGLs will come onstream, serving the local market and South Africa by 2012.

There is no oil or onshore production expected.

 

DEMAND

Namibia imports all of its oil and consumption has been rising due to economic growth. However in future oil consumption is likely to remain flat.

The country consumes no gas but should start using part of its own gas production if it comes onstream as forecast in 2012.

 

 
 

This is a simple forecast - detailed forecasts including offshore and onshore, deep water splits, sedimentary basins and major fields and drilling etc. can be purchased for most countries.

 

An onshore and offshore oil and gas production, consumption and drilling activity forecast report on this country can be commissioned,

including all relevant charts. Contact us for price and contents list.

 

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