What does NAMCOR do?

What does NAMCOR do?

NAMCOR (National Petroleum Corporation of Namibia) is the national oil company of Namibia, with the mission of creating value to all its stakeholders across the oil and gas value chain.

Who is the CEO of Namcor?

Immanuel is the Managing Director of NAMCOR. The Stellenbosch University Masters of Business Administration (MBA) graduate has a wealth of petroleum administration experience, having served as Petroleum Commissioner in the Ministry of Mines & Energy (MME).

How long has namcor existed?

The 1st Phase or First Licensing round opened in 1969 with 8 blocks being awarded, then 2nd licensing round opened in 1972 with 9 blocks being awarded.

Is namcor a parastatal?

Namcor has so far entered into partnerships with more than 10 companies as part of the parastatal’s plan to build 33 service stations by 2024. Towns with service station partnerships include Windhoek, Ongwediva, Mariental, Outapi, Karasburg, Khorixas, Oshakati, Otjiwarongo and Otavi.

What does namcor stand for?

National Petroleum Corporation of Namibia
NAMCOR – National Petroleum Corporation of Namibia.

How much is a liter of petrol in Namibia?

For comparison, the average price of gasoline in the world for this period is 29.53 Namibia Dollar. Use the drop menu to see the prices in gallons….Namibia Gasoline prices, 20-Jun-2022.

Namibia Gasoline prices Litre Gallon
USD 1.370 5.186
EUR 1.303 4.932

Who is Shiwana Ndeunyema?

DIRECTOR AND BUSINESS LEAD, ATLANTIC III At Atlantic III: Shiwana is responsible for People & Strategy at Atlantic III Consulting, where he has formulated strategy and delivered organisational development solutions in both the private, public and social sector spaces.

Do we have oil in Namibia?

Namibia holds an estimated 11 billion barrels in oil reserves. With first production planned by 2026, the country is seeking to fast track development of its oil and gas fields and incentivize ongoing drilling campaigns.

Who is the owner of MTC Namibia?

Namibia Post and Telecommunications Holdings LimitedMTC Namibia / Parent organization

How many parastatals are in Namibia?

The Ministry of Public Enterprises(MPE) operates a number of programmes to align, integrate and oversee the functions and responsibilities of the 98 parastatals, and to benefit from synergies between the State Owned Companies .

How much is a full tank of petrol in Namibia?

The average value for Namibia during that period was 17.82 Namibia Dollar with a minimum of 15.65 Namibia Dollar on 21-Feb-2022 and a maximum of 19.10 Namibia Dollar on 04-Apr-2022. For comparison, the average price of gasoline in the world for this period is 29.03 Namibia Dollar.

Is MTC owned by the government?

MTC is wholly owned by Namibia Post and Telecommunications Holdings Limited (NPTH), a government entity.

Is MTC a private company?

MTC is still the most widely recognized mobile telecommunications company in Namibia. Its competitors are Telecom Namibia’s TN Mobile and Paratus Telecom….MTC Namibia.

Type Public
Founded 1995
Headquarters Windhoek, Khomas Region, Namibia
Area served Namibia

Is nampost a private company?

Is nampost a parastatal? Nampost is the parastatal that had been created in the post independent Namibia to take over the traditional post Office services of the pre independence Namibia. Nampost is wholly owned by the Namibian government, through it’s, Namibia Post and Telecommunications holding company(NPTCH).

Is Namibia oil rich?

One of the biggest oil and gas discoveries on the continent was made last month by TotalEnergies and Shell off the coast of Namibia. It is thought the offshore deposits could hold about 3 billion barrels of oil in total and provide an estimated $3.5 billion annually in royalties and taxes for the Namibian government.

What is the diesel price in Namibia?

For comparison, the average price of diesel in the world for this period is 28.43 Namibia Dollar….Namibia Diesel prices, 20-Jun-2022.

Namibia Diesel prices Litre Gallon
NAD 21.430 81.121
USD 1.439 5.447
EUR 1.369 5.182

Who is the founder of MTC Namibia?

MTC was established in 1995 in a joint venture between the Namibian government (through NPTH which held a 51% majority) and two Swedish entities, Telia and Swedfund. In 2004, Swedfund and Telia sold their 49% shareholding to NPTH.