The second edition of the Namibia Oil and Gas Conference (NOGC24) media launch took place on Monday, 27 May at the Namibia Investment Promotion and Development Board (NIPDB) office in Windhoek.
It was hosted by the Economic Association of Namibia (EAN), in partnership with the NIPDB and the Hanns Seidel Foundation (HSF), with the strategic partnership of the National Petroleum Corporation of Namibia (Namcor) and with official endorsement by the mines and energy ministry.
With preparations for the country’s largest oil and gas conference announced, the anticipation is for more than 800 local and international delegates to attend. NOGC, alongside its hosts and partners, fuels knowledge and innovation to lay solid foundations of a strategic roadmap for guiding both the public and private sectors on how the country can best benefit from the investments in the lucrative sector.
With more than 300 participating companies, key industry stakeholders and players together under one roof, the first Namibia Oil and Gas Conference in 2023 was a resounding success, fuelling knowledge and innovation, and laying the solid foundations for a strategic roadmap for guiding both the public and private sectors on how the country can best benefit from the investments in the sector.
Last year’s conference featured over 60 speakers over two days including delegates from over 24 countries as well as more than 18 companies that took part in the integrated exhibition over the three days. The second Namibia Oil and Gas Conference will be hosted from 20 to 22 August at Mercure Hotel.
The conference will to focus on key issues such as sustainable development, investment opportunities, and technological advancements in the industry.
With an agenda that includes expert panels, keynote addresses and networking opportunities, the conference promises to be an essential platform for shaping the strategic direction of Namibia’s landscape.
Speaking at the media launch were Economic Association of Namibia chairman Jason Kasuto, and CEO of NIPDB Nangula Uaandja. Kasuto highlighted the crucial role of the oil and gas industry in Namibia’s economic development, as well as the preparations for this year’s event.
The conference aims to delve deeper into the oil and gas industry’s complexities, focusing on empowering Namibians to harness this sector’s full potential, and focus on its economic growth. The conference is themed; “The Next Steps towards a Prosperous Oil and Gas Industry”.
“We want to unlock investment opportunities, but those investment opportunities must bring about inclusive economic growth. In the past there were quite a few years in Namibia where we experienced economic growth. However, that economic growth was not inclusive.
Namibia remains the second-most unequal country in the world. When we invest in extractive sectors and commodity-based sectors and those that are capital-intensive, it is very easy for us to drive numbers in terms of GDP as well as economic growth. To be purposeful and to make sure when we drive agendas of economic growth, we need to be aligned to our purpose,” said Uaandja.