15
Feb
Martin Endjala National Petroleum Corporation of Namibia (NAMCOR) has discovered an incident where fuel worth more than N$1 million was stolen from the National Oil Storage Facility at Walvis Bay. The discrepancy was discovered with the loading of 39,993 litres of 50 ppm diesel in December 2023 and 39,891 litres of the same product in January 2024. Despite loading documents suggesting that the two loads were destined for a customer’s site, there is no evidence of the product having arrived or received by the bulk fuel customer. As a result, the state-owned entity conducted an extensive internal investigation into the…
