In addition to these discoveries, the Ministry of Mines and Energy has also launched a major green hydrogen project to harness the country’s resources and diversify the economy. Hon. Alweendo is working closely with global players to create a green hydrogen hub which will allow new businesses and stakeholders to set up large scale projects within the market.
The participation by Hon. Alweendo at AEW 2023 will thereby reassure regional partners, explorers and investors that Namibia plays a crucial role in creating energy stability within the region, affirming that it is in the interest of all parties to offer continued support and collaboration with the Ministry. The Minister will be expected to rally regional support in attracting local and international stakeholders to invest in more infrastructure that will foster this new era of oil, gas and renewable energy growth in the country.
“We as African nations have an opportunity to support each other and Namibia will need the support of its fellow neighbours,” states NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC), adding that, “The AEC is pleased to have Hon. Alweendo speak at AEW and we commend and support his continued efforts towards becoming a competitive oil and gas producer, while bringing in new investments that will foster economic growth and drive energy security across the region for all.”
During AEW 2023, Hon. Alweendo will deliver an update on the three oil and gas discoveries, the country’s green hydrogen progress, as well as the numerous investment opportunities cropping up across the country. Through his participation in the event’s various investor summits, market-focused panel discussions and networking forums, Hon. Alweendo will provide crucial information into Namibia’s energy agenda, thereby laying the foundation for new deals to be signed that will accelerate the growth trajectory of the market.