10 Billion Barrels of Oil Discovered off Namibia's Coast | Vantage with Palki Sharma

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Firstpost

Firstpost

26 күн бұрын

10 Billion Barrels of Oil Discovered off Namibia's Coast | Vantage with Palki Sharma
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.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
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Пікірлер: 1 000
@Musicworld12383
@Musicworld12383 25 күн бұрын
Now democracy will be in danger in Namibia 😂😂
@Hypocritial
@Hypocritial 25 күн бұрын
Absolutely 💯 what a comment
@deadshot6135
@deadshot6135 25 күн бұрын
USA: IT SEEMS THE DEMOCRACY IS IN DANGER IN NAMIBIA RAAAA DEMOCRACY RAAAA, WHAT'S A KILOMETRE ⁉️⁉️⁉️⁉️⁉️🦅🦅🦅🦅🦅🦅🦅🦅🦅🦅🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸‼️‼️‼️‼️‼️‼️
@deadshot6135
@deadshot6135 25 күн бұрын
USA: IT SEEMS THAT DeMoCrAcY iZ In DeNjA RAAA🦅🦅🦅🦅🇺🇸🇺🇸🇺🇸🇺🇸
@HughJass-jv2lt
@HughJass-jv2lt 25 күн бұрын
*underrated comment* 🔥🔥
@user-ed9wk3vd2r
@user-ed9wk3vd2r 24 күн бұрын
Libya, Venezuela, Iraq. Next will be Namibia.
@SG003
@SG003 25 күн бұрын
America is preparing to give them some freedom
@gbb82
@gbb82 25 күн бұрын
😂😂😂😂
@King-ui8gz
@King-ui8gz 24 күн бұрын
😂😂😂😂
@charioldauchab4561
@charioldauchab4561 24 күн бұрын
They already expanded the embassy, made it bigger.
@demurgetroid
@demurgetroid 24 күн бұрын
USA is currently the world's largest producer of oil themselves. Literally a blessed land with everything they need at home.
@Nobody-eg4bi
@Nobody-eg4bi 24 күн бұрын
@@demurgetroid the largest producer but can't use it, most of the time
@hmmm9220
@hmmm9220 25 күн бұрын
its fascinating how africa keeps discovering new resources, even after all the exploitation, the land is still so rich
@user-nk1wu2pr3l
@user-nk1wu2pr3l 25 күн бұрын
Check their fishing out
@chillxxx241
@chillxxx241 24 күн бұрын
OPEC+ is “artificially” keeping prices high. Nobody would be looking for new deposits if the prices weren’t being kept this high. If they start producing more oil these projects will all disappear.
@shinji1264
@shinji1264 24 күн бұрын
Keep lying to yourselves, the fact is that the president of Namibia is about to be very rich and the population very poor 😂
@chriskl2361
@chriskl2361 24 күн бұрын
Africa is huge and still relatively unexplored. Similar to how Canada has a crap load of resources but no roads to even get north to find them. Africa is 3x the size of the US. Plus it has more coastline to exploit as the Arctic is difficult. Even with it's wealth and population the US still finds resources on its lands. Like the recent lithium stuff in nevada.
@dexterspeights3484
@dexterspeights3484 24 күн бұрын
Without Africa's natural resources many first world countries cannot manufacture goods to enrich themselves!
@user-et1nb2es2i
@user-et1nb2es2i 25 күн бұрын
USA also is to convince UN that Namibia has Weapons of mass destrubution that NATO wants to get rid of 😂😂😂😂😂
@demurgetroid
@demurgetroid 24 күн бұрын
USA is currently the world's largest producer of oil themselves. Literally a blessed land with everything they need at home.
@shivank8105
@shivank8105 23 күн бұрын
​@@demurgetroidBlessed land stolen by colonized europeans
@goldenmonkey963
@goldenmonkey963 23 күн бұрын
Yes Kadaffi and Saddam diidnt die, that was their clones. Now both of them is in Namibia.
@user-yn2lf4gr3s
@user-yn2lf4gr3s 23 күн бұрын
Thieves of everything 😂😂😂
@user-et1nb2es2i
@user-et1nb2es2i 23 күн бұрын
@@goldenmonkey963 😅😅😅😅
@dukhi_aatma372
@dukhi_aatma372 25 күн бұрын
USA: time to bring some democracy in Namibia 😂
@chillxxx241
@chillxxx241 25 күн бұрын
You mean China bringing authoritarianism. Get with reality. How many OPEC+ countries are flourishing democracies? Some people are such idiots.
@SOCORROGM
@SOCORROGM 24 күн бұрын
Most likely 😂
@samuellopesbaule5745
@samuellopesbaule5745 24 күн бұрын
That's right! The bullies are preparing to bring their model of "democracy" in Namibia, 😂😂😂😂😂😂😂😂
@shinji1264
@shinji1264 24 күн бұрын
Its only fair they brought you the internet so you can talk shit. ✌️😐
@dogsguardian7267
@dogsguardian7267 24 күн бұрын
As if Namibian discovered it. The US tech company helping them, without there tech? Nah, i don't think so that oil will be discover
@saumyk9636
@saumyk9636 25 күн бұрын
Wait for the Americans to find some human rights violations there 😂
@Shakuni-wb4rp
@Shakuni-wb4rp 25 күн бұрын
😂
@govardhankshathri6513
@govardhankshathri6513 25 күн бұрын
😂😂😂
@brendangwira7998
@brendangwira7998 25 күн бұрын
Oh best believe America is cooking up an LGBTQ problem for Namibia
@kampalaplus
@kampalaplus 25 күн бұрын
😂😂😂😂 shameful country USA
@leonardmvetingholeonardmve8130
@leonardmvetingholeonardmve8130 25 күн бұрын
😅😅😅😅
@Hypocritial
@Hypocritial 25 күн бұрын
Now Germany is even ready to host excess Elephants from Namibia or Botswana😂😂
@NembiiaNembiyaNembiya
@NembiiaNembiyaNembiya 25 күн бұрын
No
@childishduke
@childishduke 23 күн бұрын
😂😂😂😭😭😭
@anime_land3216
@anime_land3216 25 күн бұрын
Freedom is coming 😅
@govardhankshathri6513
@govardhankshathri6513 25 күн бұрын
😂😂😂
@maheshsukhram4982
@maheshsukhram4982 24 күн бұрын
🤣🤣
@UsmanKhan-ty4bg
@UsmanKhan-ty4bg 25 күн бұрын
i came straight for the comments section :D. Did not disappoint
@polyarchmabz2505
@polyarchmabz2505 24 күн бұрын
😂😂😂😂😂 me tooo
@Skay24
@Skay24 25 күн бұрын
Wow now US will bring some democracy to Namibia...
@NembiiaNembiyaNembiya
@NembiiaNembiyaNembiya 25 күн бұрын
No.. No..
@demurgetroid
@demurgetroid 24 күн бұрын
USA is currently the world's largest producer of oil themselves. Literally a blessed land with everything they need at home.
@Holysimba21
@Holysimba21 25 күн бұрын
US:"I think you mean WE found oil.." 💀
@varleekamara9393
@varleekamara9393 24 күн бұрын
😅😅
@demurgetroid
@demurgetroid 24 күн бұрын
USA is currently the world's largest producer of oil themselves. Literally a blessed land with everything they need at home.
@Holysimba21
@Holysimba21 24 күн бұрын
@@demurgetroid bot
@demurgetroid
@demurgetroid 24 күн бұрын
@@Holysimba21 Computer says no lol
@JullianLue
@JullianLue 18 күн бұрын
😂 facts
@Darklink1017
@Darklink1017 25 күн бұрын
USA: looks like it's time to export some freedom boys
@NembiiaNembiyaNembiya
@NembiiaNembiyaNembiya 25 күн бұрын
No
@demurgetroid
@demurgetroid 24 күн бұрын
USA is currently the world's largest producer of oil themselves. Literally a blessed land with everything they need at home.
@PankajKumar6493
@PankajKumar6493 24 күн бұрын
@@demurgetroid stop copy pasting the same shit in every comment
@demurgetroid
@demurgetroid 24 күн бұрын
@@PankajKumar6493 No! F00k off lol!
@18records18
@18records18 23 күн бұрын
😂😂😂😂damn som
@naturestherapy9943
@naturestherapy9943 25 күн бұрын
Thanks Palki for your straightforward presentation and analysis, from Namibia 🇳🇦
@utkarshg.bharti9714
@utkarshg.bharti9714 24 күн бұрын
Whatever you do, don't let US, UK, French, and German oil companies into your territory.
@naturestherapy9943
@naturestherapy9943 24 күн бұрын
@@utkarshg.bharti9714 Absolutely,. There is a Namibian company, hope it will get a chance
@QCW_636
@QCW_636 20 күн бұрын
@@utkarshg.bharti9714 there thing is they will just come because Namibia has very low oil company
@kelvinwanjo186
@kelvinwanjo186 25 күн бұрын
Africa is blessed I don't know why their people are suffering
@dennismarfo3536
@dennismarfo3536 25 күн бұрын
Having mostly corrupt stooges for leaders is
@ambessaseway5594
@ambessaseway5594 25 күн бұрын
20% are benefiting 80% suffering
@RealityStand
@RealityStand 25 күн бұрын
Tell the Europeans and Americans to leave Africa alone, unfortunately they will die of hunger if they leave Africa.
@schloops8473
@schloops8473 25 күн бұрын
the countries where the russians and chinese aren't are doing better... the rest are being slaughtered and their wealth stolen
@damoahpatrick616
@damoahpatrick616 25 күн бұрын
It's because we are dump
@abdouramanediallo5068
@abdouramanediallo5068 25 күн бұрын
Pray for Namibia!
@Peter-bg1ku
@Peter-bg1ku 24 күн бұрын
Praying doesn't help. Guns do
@beach2787
@beach2787 24 күн бұрын
More so "prey on Namibia"
@alicemark5918
@alicemark5918 23 күн бұрын
I'm so happy I made productive decisions about my finances that changed forever. I'm a single mother living in Vancouver Canada, bought my first house in October and hoping to retire soon if things keep going smoothly for me.
@AroraMunoz
@AroraMunoz 23 күн бұрын
Everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.
@RoseHossain-zw9tw
@RoseHossain-zw9tw 23 күн бұрын
Who is your financial coach, do you mind hooking me?
@NatalieDormer-or4jj
@NatalieDormer-or4jj 23 күн бұрын
Am looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you think I should be buying?
@alicemark5918
@alicemark5918 23 күн бұрын
Cryptocurrency investment, but you will need a professional guide on that.
@alicemark5918
@alicemark5918 23 күн бұрын
Facebook 👇
@russiaukrainewardailyupdates
@russiaukrainewardailyupdates 25 күн бұрын
US : Ahh shitt... Here we go again 🦅
@LegalAssassin101
@LegalAssassin101 24 күн бұрын
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.
@darkgalaxy5548
@darkgalaxy5548 22 күн бұрын
It will take more than time. It will take Namibian citizens holding their politicians to account.
@raymondsepheu581
@raymondsepheu581 21 күн бұрын
Foreing companies already control 80% of that oil. You will have to remove your current leader if he's compromised
@leonidojr.pretencio8526
@leonidojr.pretencio8526 17 күн бұрын
Goodluck from Philippines here.
@hendrythobela9418
@hendrythobela9418 23 күн бұрын
As a South African, I adore her coverage of events unfolding in Africa.
@user__100
@user__100 25 күн бұрын
$45 Trillion was taken from India by Britain over 200 years of rule
@rufustfirefly7389
@rufustfirefly7389 25 күн бұрын
and how much in foreign aid have they had off the Brits since independence? Don't forget you've a space program the Brits don't.
@neo1053
@neo1053 24 күн бұрын
​@@rufustfirefly7389oh please it does not compare
@trendshort_
@trendshort_ 24 күн бұрын
​@@rufustfirefly7389Then why not Britain starting its own Space program , go ahead Brit bong let it bring to sky
@mdgulfamrashid7787
@mdgulfamrashid7787 24 күн бұрын
​@@rufustfirefly7389 even if you sell Britain , we won't be able to recover our 45 trillion dollars and countless atrocities against us!
@jakesingh9283
@jakesingh9283 24 күн бұрын
The British rule have destroyed India, divide & rule then partition, now Britain is facing the curse, the Muslims will teach them a lesson.
@shortsking6471
@shortsking6471 25 күн бұрын
I know you have come to see in how many different ways people will write 'Nambia needs democracy'
@Silent-Ghost-Rider
@Silent-Ghost-Rider 24 күн бұрын
😅😢😂
@christiaanvanwyk2622
@christiaanvanwyk2622 24 күн бұрын
Namibia is a democratic country since 1990
@kapunda6741
@kapunda6741 24 күн бұрын
@@christiaanvanwyk2622 hulle bedoel Amerika sal hulle demokrasie bring. Die een waar hulle jou land totaal opfok en vernietig sodat hulle kan steel en plunder.
@PankajKumar6493
@PankajKumar6493 24 күн бұрын
@@christiaanvanwyk2622 use your brain bruhh..,.. it's a joke
@stillwrinkled
@stillwrinkled 25 күн бұрын
CIA: ah shit! here we go again.
@kgosijapie5859
@kgosijapie5859 25 күн бұрын
😂😂😂😂😂😂😂😂😂😂😂😂, very good comment
@dogsguardian7267
@dogsguardian7267 24 күн бұрын
As if Namibians single-handedly discovered that oil. Without US Tech Company that oil cannot will not discover. Like US helping Saudi discover the oil through their techlnology. And some countries copy that tech including Russia and some OpEc countries
@RESAHUTEHUT-SOKHOI73.
@RESAHUTEHUT-SOKHOI73. 15 күн бұрын
They already killed the President.
@harolddanster9434
@harolddanster9434 24 күн бұрын
Like Malema said we (Africa in general)should own 50% of everything oil included we should own and Control key word "control" our resources
@andy-su7gq
@andy-su7gq 24 күн бұрын
God Bless Namibia
@sunnymitra6372
@sunnymitra6372 25 күн бұрын
USA : Namibia needs Freedom
@demurgetroid
@demurgetroid 24 күн бұрын
USA is currently the world's largest producer of oil themselves. Literally a blessed land with everything they need at home.
@kondurutharun
@kondurutharun 25 күн бұрын
Sounds like Namibia needs some freedom.
@NembiiaNembiyaNembiya
@NembiiaNembiyaNembiya 25 күн бұрын
No We need oil Namibia plus India, we can protect our oil...
@josephquaye5155
@josephquaye5155 23 күн бұрын
80 percent of their land is controlled by german settlers and they are going to benefit and not the real Namibians.
@michaeltran8668
@michaeltran8668 25 күн бұрын
Love your reporting Palki !
@jitheshsrai4992
@jitheshsrai4992 25 күн бұрын
Freedom 🦅
@jeremiasfronda108
@jeremiasfronda108 24 күн бұрын
God's blessings. Generous..avoid environmental pollution priority.
@user-ix3cc9kr1f
@user-ix3cc9kr1f 24 күн бұрын
I am so happy for all African countries I like them to have bright future
@wargod7307
@wargod7307 25 күн бұрын
USA: DID someone said oil?
@demurgetroid
@demurgetroid 24 күн бұрын
USA is currently the world's largest producer of oil themselves. Literally a blessed land with everything they need at home.
@PankajKumar6493
@PankajKumar6493 24 күн бұрын
say*
@Christ-follower471
@Christ-follower471 15 күн бұрын
So what the hell did you do to Afghanistan, Iraq, Libya ect😢​@@demurgetroid
@Draagaan
@Draagaan 24 күн бұрын
Namibia is too blessed
@Lions-Pride-Dominion
@Lions-Pride-Dominion 24 күн бұрын
kzbin.infocy35XTnY-iQ?si=nNi92dve8Uk8TGNp Our leaders are blessed to create Sovereign Fund called Welwitschia Fund to help avoiding "The Swedish curse"🙏🏿
@xfactor3615
@xfactor3615 25 күн бұрын
Love this news! More African countries should become prosperous. Will their politicians stand up?
@thescholarofpain
@thescholarofpain 24 күн бұрын
These foreign oil companies will buy them off
@Freedom20255
@Freedom20255 25 күн бұрын
It’s insane how much wealth is in Africa. Yet, they have the guts to say Africa is poor. Close Africa for a year and watch the world collapse! Nonsense!
@mukultomar6772
@mukultomar6772 24 күн бұрын
From diamonds to oil they have everything. Blessed piece of land for sure
@Freedom20255
@Freedom20255 23 күн бұрын
@@mukultomar6772 We must learning how to build a continent of prosperity.
@mukultomar6772
@mukultomar6772 23 күн бұрын
@@Freedom20255 Don't even think about it west is all over your back
@Lions-Pride-Dominion
@Lions-Pride-Dominion 12 күн бұрын
Namibia has massive gold discoveries, rare metals and the best diamonds, and highly sought after Tantalite/Tantalum one IPL alone reported at 50 000 000 tons of rare metals... And the Oil is LIGHT OIL too. Mind you, before all these massive discoveries, our leadership managed to build one of the best economies in Africa. To the point that their roads/ Infrastructure is ranked THE BEST IN AFRICA and top 25 in the Worl! That's why it's USELESS to follow uninformed comments on "corruption" affect the way the oil discoveries impact the citizens... #The Central Bank has already come up with "WELWITSCHIA SOVEREIGN FUND" to avoid RESOURCE CURSE, what they call "the Dutch disease"...
@Freedom20255
@Freedom20255 12 күн бұрын
@@Lions-Pride-Dominion Insane!!
@nicolaas119
@nicolaas119 14 күн бұрын
This is so on point. I appreciate the fact that this news report is realistic
@firozsunderji6940
@firozsunderji6940 25 күн бұрын
kzbin.info/www/bejne/fGewpY2Fa55njtE
@jamesmatipwiri3765
@jamesmatipwiri3765 25 күн бұрын
Watch out for the western playbook
@eunallmaharaj8583
@eunallmaharaj8583 24 күн бұрын
Good news....Namibia once a 5 th province of South Africa...given independence in 1990....by than South African Govt....love from South Africa..
@emmanuelashipalakaulumah3299
@emmanuelashipalakaulumah3299 23 күн бұрын
We were never a South African province.
@eunallmaharaj8583
@eunallmaharaj8583 23 күн бұрын
@@emmanuelashipalakaulumah3299 Maybe you did not recognize it BUT ACCORDING TO THE THAN SOUTH AFRICAN GOVT...SOUTH AFRICA RULED OVER NAMIBIA AS A FIFTH PROVINCE ..WITH AN ADMINISTRATOR ..LIKE THE THE OTHER FOUR PROVINCES...YOU WERE ONLY GIVEN INDEPENDENCE IN 1990..WITH WALFISH BAY..REMAINING WITH SOUTH AFRICA...ONLY AFTER 1994..THE NEW SOUTH AFRICAN GOVT...TRANSFERRED WALFISH BAY TO NAMBIA..EVEN FORGIVING MONEY OWNING TO SOUTH AFRICA.......THIS THE FACT ...LIKE IT OR NOT..
@user-fb9wp4dd7i
@user-fb9wp4dd7i 19 күн бұрын
​@@emmanuelashipalakaulumah3299yes we were.. . South West africa
@abdillahihollandis7481
@abdillahihollandis7481 25 күн бұрын
AFRICA is rich . We growing higher .
@Ducktility
@Ducktility 25 күн бұрын
You not rich, but grow higher future
@kapunda6741
@kapunda6741 24 күн бұрын
We are rich, but our politicians keep us down in the gutters.
@Ducktility
@Ducktility 24 күн бұрын
@@kapunda6741 I too am rich but my bank statement lies to me
@kapunda6741
@kapunda6741 24 күн бұрын
@@Ducktility lol. I have the same problem
@levismith7444
@levismith7444 20 күн бұрын
The only thing growing there is the politicians pocketbooks
@fatherhood_matters
@fatherhood_matters 24 күн бұрын
This is my country 🇳🇦
@bebyfun
@bebyfun 23 күн бұрын
Be careful from USA mathod for making puppet government in Namibia for oil rights
@mzerk9324
@mzerk9324 25 күн бұрын
According to Shell and Total energies : they will produce 500,000 barrels in 2030 but estimation was end of last year and excluded Portuguese Galp. With Galp now on board and said in hurry to develop their oil Wells, it's now estimated that Namibia will start at 700,000 barrels per day. Shell made their 5th discovery just last week again. Totalenergies too and are now still busy with appraising another well as we speak. Total Wells discovered are now 10 and this is only 10% of the area still to be drilled in Orange basin. On 10% shareholding I have to say there is a different sharing Formula. Government will get 65% share in Revenue. 45% is tax plus 10% shareholding plus another 10% lifting fee =65%.
@briopalumpus8676
@briopalumpus8676 25 күн бұрын
you write like an oil and gas analyist, given that only ten percernt of the area hass been drilled the reserves estimates will surely rise, that 20billion figure might turn out to be true in the future, i was sceptical initially, about how much oil they found.
@RedeemedRapelang
@RedeemedRapelang 24 күн бұрын
Really needed someone to expound on that shareholding structure. Thank you so much. Good news for us here in Botswana. Congratulations Namibia
@Lions-Pride-Dominion
@Lions-Pride-Dominion 24 күн бұрын
kzbin.infocy35XTnY-iQ?si=nNi92dve8Uk8TGNp Our leaders are blessed to create Sovereign Fund called Welwitschia Fund to help avoiding "The Swedish curse"🙏🏿
@Lions-Pride-Dominion
@Lions-Pride-Dominion 12 күн бұрын
YOU RIGHT ON SPOT! AND ALL THESE IS JUST THE ORANGE BASINS AT 10%, THERE IS STILL WALVIS BAY BASIN AND OTHERS, AND plus ONSHORE POTENTIAL. AND SINCE THERE IS MASSIVE GOLD DISCOVERIES AND MILLIONS OF TONS OF RARE EATH AT THE SAME TIME, WE MIGHT BE TALKING ABOUT A TRILLION DOLLAR ECONOMY HERE,
@khon6339
@khon6339 25 күн бұрын
hope they can be self reliant instead of depending on other foreign countries
@Lions-Pride-Dominion
@Lions-Pride-Dominion 24 күн бұрын
kzbin.infocy35XTnY-iQ?si=nNi92dve8Uk8TGNp Our leaders are blessed to create Sovereign Fund called Welwitschia Fund to help avoiding "The Swedish curse"🙏🏿
@omen324
@omen324 21 күн бұрын
God bless my country and please protect us from incoming storms like the " American democracy"😭😭
@firefox39693
@firefox39693 16 күн бұрын
They're also really rich with uranium and wind energy (both onshore and offshore). They should use that oil and gas money to help finance nuclear energy and wind farms.
@blessingndlovu9037
@blessingndlovu9037 25 күн бұрын
Why would they send the oil to India when they can build refineries in Namibia and South Africa
@blessingndlovu9037
@blessingndlovu9037 24 күн бұрын
@@darshp800 For your information South Africa already has refineries namely: Spref; Enref; Chevref and Natref and has the capacity and technical know-how if has to expand on the existing infrastructure. Secondly what you are saying is false, Saudi Arabia has refineries: Riyadh Refinery (Saudi Aramco); Rabigh Refinery (PetroRabigh); Jeddah Refinery (Saudi Aramco); Ras Tanura Refinery (Saudi Aramco); Yanbu' Refinery (Saudi Aramco); Yanbu' Refinery (SAMREF) (Saudi Aramco/Exxon Mobil); Yanbu' Refinery (Saudi Aramco/Phillips 66); YASREF Refinery (Yanbu') (Saudi Aramco/Sinopec); Jubail Refinery (SASREF) (Saudi Aramco/Shell); Jubail Refinery (Saudi Aramco/TOTAL). So again, WHY should they sell the oil to India when they can partner with South Africa (close neighbor) and or build their own refineries? If India wants to benefit from that, they should build a refinery in Namibia and buy the finished products at a discount from Namibia!
@blessingndlovu9037
@blessingndlovu9037 24 күн бұрын
@@darshp800 Firstly they should not sell the raw product to India. They should build their own refineries and sell the finished products to create local jobs and to build technical know-how for their people. For your information South Africa has refineries and technical know-how and Namibia could partner with South Africa (their neighbor) in this regard. They should not allow India or any other nation for that matter to exploit them. Secondly Saudi Arabia has refineries so do not spread false information to prove a weak point 😂
@darshp800
@darshp800 24 күн бұрын
@@blessingndlovu9037 Read it properly illiterate person, where did I mentioned that Saudi doesn't have refining capacity, I have mentioned Aramco which is world's largest refiner, but it's not able to refine all Saudi oil output. Neither any oil producing country has capacity to refine all extracted oil by itself. Read it carefully. Read properly first and then comment, and for your kind info I work in the company which supplies drilling units to these gaints. You don't decide who they can sell too neither can Namibia(which is mostly likely to follow capitalist route) once it signs agreement with Shell, BP or any private ones, they sell it to highest bidder. Welcome to the world of Capitalism.
@darshp800
@darshp800 24 күн бұрын
@@blessingndlovu9037 Read it properly first blank brain, I never mentioned that Saudi has no refinery, I said it doesn't have the capacity to fully refine all the oil output. Neither does any oil producing country. And lastly neither me nor you decide to whom Namibia sells raw oil, they will follow capitalist route and sell wells to BP, Shell who will sell them to highest bidder. They won't care where you refine it. Welcome to capitalist world.
@darshp800
@darshp800 24 күн бұрын
@@blessingndlovu9037 Where did I even mentioned that Saudi doesn't have any refinery?
@peterrichard9769
@peterrichard9769 24 күн бұрын
Namibia is a beautiful country
@ivicaloncar2147
@ivicaloncar2147 9 күн бұрын
Yes ... indeed!!! God bless Namibia and love from Croatia.hr, EU!
@Fancy_By_Nature
@Fancy_By_Nature 13 күн бұрын
It might not be worlds largest or Dubai but there's a great opportunity for the people of Namibia
@theawesomeman9821
@theawesomeman9821 24 күн бұрын
I'm happy for Namibia
@SKF358
@SKF358 25 күн бұрын
Ten billion barrels is about 3 months of world consumption of oil. Yippee.
@mzerk9324
@mzerk9324 24 күн бұрын
Just take note that it's 21 billion barrels discovered in only Wells drilled. Guyana discovered 12 billion barrels in over 30 Wells. Namibia discovered 21 billion in 8 Wells drilled. It looks like Namibia will reach over 50 billion barrels by the time they drill 30 Wells or by the look of things by 20 Wells they will be at 40 billion barrels. This drilling is only 10% of entire block.
@simonmtshweni-gw6pn
@simonmtshweni-gw6pn 25 күн бұрын
It is also discovered in south Africa and Mozambique also.
@briopalumpus8676
@briopalumpus8676 25 күн бұрын
they found gas in those places not oil.
@siphociliwe1096
@siphociliwe1096 23 күн бұрын
Oil broer, opposite Petro SA refinery in the western Cape.
@chrisbennett6260
@chrisbennett6260 13 күн бұрын
@@siphociliwe1096 there should be no townships of corrugated iron
@ephramevezi48
@ephramevezi48 17 күн бұрын
Good cap. Let's hope Namibia truly benefits from this new found resources. Let's hope it doesn't become a new theatre of the absurd
@borisjohonson349
@borisjohonson349 22 күн бұрын
That's why our Africa is always blessing.
@josephkamau9741
@josephkamau9741 25 күн бұрын
Freedom and democracy coming to namibia
@M4D5K1L2
@M4D5K1L2 25 күн бұрын
Namibia is going to get some freedom soon 🤔
@UrbanFocus-rl6vw
@UrbanFocus-rl6vw 24 күн бұрын
We do have freedom unfortunately for you,infact the most peaceful country in Africa,Namibia minds their own busines,just like you should.Thank you
@Lions-Pride-Dominion
@Lions-Pride-Dominion 24 күн бұрын
kzbin.infocy35XTnY-iQ?si=nNi92dve8Uk8TGNp Our leaders are blessed to create Sovereign Fund called Welwitschia Fund to help avoiding "The Swedish curse"🙏🏿
@ams-yaa
@ams-yaa 21 күн бұрын
@@UrbanFocus-rl6vw , well said. We do mind our own business and very blessed and humble people. May the lord protect our nation and resources.
@wyihupoip8105
@wyihupoip8105 23 күн бұрын
How can the government of Namibia accept a 10% share as the owners It should be 60/40 at the least.
@trinityafrica2403
@trinityafrica2403 25 күн бұрын
Namibia democracy is coming
@Abby_KayGee
@Abby_KayGee 25 күн бұрын
South Africa also find oil same place next to Namibia
@MartinMenge
@MartinMenge 25 күн бұрын
...and it already has refineries
@ericmucoki1958
@ericmucoki1958 23 күн бұрын
The reason why Africa countries need to be united than ever
@user-pg7iq8zd5u
@user-pg7iq8zd5u 20 күн бұрын
Great news for Namibia...
@andremchinda3973
@andremchinda3973 24 күн бұрын
NAMIBIA, Land of the BRAVES, Land of SAVANA! Watch out Fellows Africans Namibians. This may be a Beginning of an End! Watch out!
@Lions-Pride-Dominion
@Lions-Pride-Dominion 24 күн бұрын
kzbin.infocy35XTnY-iQ?si=nNi92dve8Uk8TGNp Our leaders are blessed to create Sovereign Fund called Welwitschia Fund🙏🏿
@Lions-Pride-Dominion
@Lions-Pride-Dominion 24 күн бұрын
kzbin.infocy35XTnY-iQ?si=nNi92dve8Uk8TGNp Our leaders are blessed to create Sovereign Fund called Welwitschia Fund to help avoiding "The Swedish curse"🙏🏿
@stevenwilliams3015
@stevenwilliams3015 25 күн бұрын
America is bringing democracy and human right to Namibia soon
@Kristian-eu9gi
@Kristian-eu9gi 14 күн бұрын
Land of the brave don't forget that
@pukhrajprajapat760
@pukhrajprajapat760 24 күн бұрын
nicely explained mam
@wns1212
@wns1212 25 күн бұрын
Very soon we shall hear of insurgency in Namibia...
@immanuelhiskia3092
@immanuelhiskia3092 24 күн бұрын
The EU diplomats are already warming up to the opposition parties
@wadefreeman7340
@wadefreeman7340 24 күн бұрын
Namibia is not what you expected 2 million with good governance so don't say that ,ve
@Lions-Pride-Dominion
@Lions-Pride-Dominion 24 күн бұрын
​@@immanuelhiskia3092never
@MercySomaes
@MercySomaes 24 күн бұрын
Not anytime soon. We are very peaceful and respect the rule of law.
@RESAHUTEHUT-SOKHOI73.
@RESAHUTEHUT-SOKHOI73. 15 күн бұрын
That already happened when they took out the President.
@suryanarayanan5158
@suryanarayanan5158 25 күн бұрын
US: Namibia is holding weapons of mass destruction
@Ducktility
@Ducktility 25 күн бұрын
Yeah and it's oil
@ivicaloncar2147
@ivicaloncar2147 9 күн бұрын
....Ha, ha, ha, oh my God... what are you saying ... its shitting!
@user-us5jr7kf4v
@user-us5jr7kf4v 25 күн бұрын
Great
@Sipho_Thenjwayo
@Sipho_Thenjwayo 22 күн бұрын
America : "Time for Namibia to get some democracy and freedom"
@neuralninjas
@neuralninjas 25 күн бұрын
USA: here we go...
@deedeemccall7693
@deedeemccall7693 25 күн бұрын
After geingob left
@chosensiwale4293
@chosensiwale4293 21 күн бұрын
I hope this oil discovery in Namibia doesn't bring problems to Central and Southern Africa.
@yctestdrive
@yctestdrive 18 күн бұрын
My country Namibia 🇳🇦
@annemungai4562
@annemungai4562 25 күн бұрын
They take 80 per cent and the soil is yours 😳😳😳
@brendangwira7998
@brendangwira7998 25 күн бұрын
Pretty much!
@briopalumpus8676
@briopalumpus8676 25 күн бұрын
they cant with out being sued. they might get 65 percent of all profits, but still the oil companies will walk away with handsome returns its a win win.
@user-zc1cx8jc4s
@user-zc1cx8jc4s 25 күн бұрын
Just like in Uganda total with the biggest share of oil and Uganda with 15%
@SuperKillerdog
@SuperKillerdog 25 күн бұрын
This is NOT a win win! lol! Win-win for who?
@SmilingCoastline-vb9ez
@SmilingCoastline-vb9ez 24 күн бұрын
So 80% of the country (oil feilds they say) is essentially foreign owned
@navinsingh72
@navinsingh72 25 күн бұрын
China already has firm foothold in Namibia. Not to mention Namibian government officials are easily corruptable
@plusultra7258
@plusultra7258 25 күн бұрын
You really think China can hold out when it comes to money in front of the Superpower?
@whitestar182
@whitestar182 24 күн бұрын
discovering is good but extracting is a very expensive process.This is where Russia Succeeds as when they extract with cheaper work force and equipment.Not other countries got that
@NembiiaNembiyaNembiya
@NembiiaNembiyaNembiya 25 күн бұрын
Good day. Yes, Namibia would like to become a partner with India, Bangladeshi! It's time to share among each other and overcome struggles.
@user-nj5ov1oj2q
@user-nj5ov1oj2q 24 күн бұрын
No no my friend first you need lots of USA style democracy, freedom, human rights & a little bit of american corporations & we will make you Great again!!! 😂😂😂
@JackThomas-lr8xq
@JackThomas-lr8xq 24 күн бұрын
Thank you for the content!! All we need is the right advice on how to invest in crypto and we will be set for life, I made over a million dollars from trading this year regardless of the market conditions😊
@Karinamatters
@Karinamatters 24 күн бұрын
I've been investing in Bitcoin by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?
@JackThomas-lr8xq
@JackThomas-lr8xq 24 күн бұрын
I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance
@JackThomas-lr8xq
@JackThomas-lr8xq 24 күн бұрын
YES!!! That's exactly her name (BRISA RICHARDSON ) so many people have recommended highly about her and am just starting with her from Brisbane Australia🇦🇺
@JackThomas-lr8xq
@JackThomas-lr8xq 24 күн бұрын
from my personal financial advisor
@Karinamatters
@Karinamatters 24 күн бұрын
I have heard a lot of wonderful things about Brisa Richardson on the news but didn't believe it until now. I'm definitely trying her out
@penchalatataraodara8250
@penchalatataraodara8250 24 күн бұрын
❤ U and LIKE your "WORLD NEWS" PRESENTATION...
@Lions-Pride-Dominion
@Lions-Pride-Dominion 12 күн бұрын
Namibia has massive gold discoveries, rare earths and the best diamonds, and highly sought after Tantalite/Tantalum one IPL alone reported at 50 000 000 tons of rare earths... And the Oil is LIGHT OIL too. Mind you, before all these massive discoveries, BY THE GRACE AND THE WISDOM OF THE MOST HIGH, our leadership managed to build one of the best economies in Africa. To the point that their roads/ Infrastructure is ranked THE BEST IN AFRICA and top 25 in the Worl! And perhaps one of the reasons why the country is receiving hundreds of Billions in direct foreign investments/FDIs, with many of them speaking very Loud very loud, one of them went like this: "Namibia is the best place to invest in..." That's why it's USELESS to follow uninformed comments on "corruption" affect the way the oil discoveries impact the citizens... #The Central Bank has already come up with "WELWITSCHIA SOVEREIGN FUND" to avoid RESOURCE CURSE, what they call "the Dutch disease"... ALL THESE HAVE GONE VIRAL ON THE NET,
@mrwaeta1
@mrwaeta1 19 күн бұрын
Go neibas , love from Botswana
@88motho
@88motho 22 күн бұрын
Africa is a Blessed Continent indeed , There is no doubt about that. Its pity we don't have Intelligent Leaders who knows how to share the wealth amongst the people.
@LazyBrownWizard
@LazyBrownWizard 22 күн бұрын
US feels that Namibians deserves freedom
@ET3453
@ET3453 15 күн бұрын
Namibia needs freedom🇺🇸
@NoraUG123
@NoraUG123 20 күн бұрын
Africa needs to start refining their own oil
@wilbardworlie7949
@wilbardworlie7949 18 күн бұрын
Lord protect our country from greedy them😞😞
@righttobeararmsetc.8492
@righttobeararmsetc.8492 17 күн бұрын
Nice that can help the African people big time if done right
@chrisbennett6260
@chrisbennett6260 13 күн бұрын
they be helping themselves thay money wont touch ordinary people
@Namibia2024
@Namibia2024 23 күн бұрын
I love this channel ❤❤ #namibiawelove
@penchalatataraodara8250
@penchalatataraodara8250 24 күн бұрын
❤ U PALKI.
@messetjituri6443
@messetjituri6443 21 күн бұрын
Eyes on Namibia 🇳🇦
@goat5hit
@goat5hit 25 күн бұрын
...easiest way to jack up the price on something is to convince the people thats its rare and scarce.... *cough* diamonds, oil, caviar.
@jorgegomez524
@jorgegomez524 21 күн бұрын
She forgot to mention that those companies will have to pay royalties to Namibia. Just a small detail...
@BabyDonut-fo5pv
@BabyDonut-fo5pv 13 күн бұрын
Oh my..... I can already hear the song "AMERICAAH..... F*** YEAH!!!"
@Gordon_L
@Gordon_L 24 күн бұрын
I'm old enough to remember that 40 years ago we were told about "peak oil" and the world would run out in 30 years .
@wisdomsakala1477
@wisdomsakala1477 20 күн бұрын
They is more and more oil discovery in southern Africa this days , Africa is blessed with everything it's just that our reader a weak
@phenomenal7323
@phenomenal7323 23 күн бұрын
The way God keeps blessing Africa..... but Africa cant just help itself ouf
@catherinegrotzinger963
@catherinegrotzinger963 24 күн бұрын
God bless our Oil . 🙌🇨🇩🇨🇩🇨🇩🇨🇩
@shopekassie
@shopekassie 17 күн бұрын
Namibia must refine its Oil.
@barrowcherno7145
@barrowcherno7145 13 күн бұрын
My Namibian please be wise 🙏
@veronicandakolute3489
@veronicandakolute3489 21 күн бұрын
10% is peanut 😢. Refining our oil will also be a great opportunity. It will create jobs for our young.
@RiRian-cw7pr
@RiRian-cw7pr 24 күн бұрын
Unlike in Nigeria, where a larger population means the oil money will be spread thin, not accounting for corruption, I hope the oil money can massively benefit each of its native citizens, like those in Gulf states.
@Lions-Pride-Dominion
@Lions-Pride-Dominion 24 күн бұрын
kzbin.infocy35XTnY-iQ?si=nNi92dve8Uk8TGNp Our leaders are blessed to create Sovereign Fund called Welwitschia Fund to help avoiding "The Swedish curse"🙏🏿
@Kspako
@Kspako 24 күн бұрын
Long live namibia
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