Namibia’s Mines and Power Ministry has actually minimized the effect of power firm Covering current $400-million write-down on its overseas oil explorations, mentioning that the nation it continues to be dedicated to creating its hydrocarbon explorations.
“We are devoted to advancing these chances with the best companion and best financial investment dedication,” the federal government specified on Friday, including that Covering’s choice to document the explorations would certainly not considerably effect Namibia’s oil and gas growth.
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