10 Billion Barrels of Oil Discovered off Namibia's Coast | Vantage with Palki Sharma
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Published 2024-04-22
A new oil deposit has been discovered off the coast of Namibia in southern Africa. The discovery was made by the Portuguese oil company, Galp Energia. Galp says that the deposit contains about 10 Billion barrels of oil. This adds to the earlier discoveries made by Britain's Shell, and France's Total Energies. Altogether, about 21 Billion barrels of oil have been discovered in Namibia so far, and more explorations are underway. Namibia has a chance to use these deposits to boost its economy, but that will take time. Oil production is unlikely to begin before 2029. Namibia will also have to find a way to prevent the Western energy giants from taking the lion's share of the wealth. Palki Sharma tells you more.
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Namibia | Oil Discovery | Galp Energia | Total Energies | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#namibia #oil #discovery #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
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All Comments (21)
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Now democracy will be in danger in Namibia 😂😂
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America is preparing to give them some freedom
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its fascinating how africa keeps discovering new resources, even after all the exploitation, the land is still so rich
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USA also is to convince UN that Namibia has Weapons of mass destrubution that NATO wants to get rid of 😂😂😂😂😂
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Freedom is coming 😅
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Wow now US will bring some democracy to Namibia...
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i came straight for the comments section :D. Did not disappoint
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Wait for the Americans to find some human rights violations there 😂
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Now Germany is even ready to host excess Elephants from Namibia or Botswana😂😂
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USA: time to bring some democracy in Namibia 😂
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US:"I think you mean WE found oil.." 💀
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Africa is blessed I don't know why their people are suffering
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Pray for Namibia!
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USA: looks like it's time to export some freedom boys
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Thanks Palki for your straightforward presentation and analysis, from Namibia 🇳🇦
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US : Ahh shitt... Here we go again 🦅
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As a South African, I adore her coverage of events unfolding in Africa.
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As a Namibian I'm excited about these oil discoveries. However, we have to get it right. From the legal framework, to ensuring that the vast majority of Namibians benefit from our natural resources. We can do it. It will take time however.
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$45 Trillion was taken from India by Britain over 200 years of rule
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God Bless Namibia
