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Country Risk

Namibia: Ready or Not for Oil?

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  • Oil could rescue Namibia from unsustainable fiscal deficits and ballooning debt.
  • The government needs to boost transparency around contracts and reinforce public trust in institutions before production starts.
  • Oil companies have yet to sanction prospective ultra-deepwater projects, but some are mooting first oil in 2028.

The Issue

Topics:
Policy and Regulation, Resource Access, Offshore Oil and Gas
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