Namibia to Wait Longer for Oil Finds

23 September 2014

THE oil and gas industry was a sector that would require a lot of patience until a discovery was made, according to Minister of Mines and Energy, Isak Katali.

Speaking at the two-day International Oil & Gas Conference organised in Windhoek by local company Rich Africa Consultancy, Katali said, "While exploration companies have not succeeded discovering oil in commercial quantities, Government is not disheartened because we know it takes patience."

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