Tom Alweendo – Page 2 – Windhoek Observer

06 Jul

Economic activities supporting oil and gas more impactful

ObserverNational NewsMinister of Mines and Energy, Namibian University of Science and Technology Public Lecture on Petroleum, National Petroleum Corporation of Namibia (NAMCOR)., Tom Alweendo

Tujoromajo Kasuto Tom Alweendo, Minister of Mines and Energy, said economic activities in the oil and gas sector have a greater economic impact than direct revenue from petroleum extraction activities and licences issued by the National Petroleum Corporation of Namibia (NAMCOR). ‘’To me, local content has a greater economic impact than direct revenue from the oil sector because, if done well, it can generate more value than direct revenue from the oil sector. Consider the engineering services that must be provided to these companies, transportation, catering, and so that must be built, and I believe that is where the value…

20 Apr

N$301.6 billion needed to save Africa’s energy poverty – Alweendo

ObserverUncategorisedN$301.6 billion needed to save Africa’s energy poverty - Alweendo, Namibia Energy Investment Conferenc, Tom Alweendo

Tujoromajo Kasuto Minister of Mines and Energy, Tom Alweendo says for Africa’s energy poverty to become history, there is a need to think differently about the countries capability and what needs to be done to attract the necessary investment in the energy space. Alweendo was speaking at the ongoing Namibia Energy Investment Conference in Windhoek today. He says some estimates suggest that the continent needs an annual investment of US$20 billion from now until 2030, which he believes is impossible, ‘’but there is a need to think and act anew’’. Additionally, he highlights that significant developments have emerged within the…

01 Sep

Ministry to lift mineral rights ban

ObserverObserver MoneyMinister of Mines and Energy, Tom Alweendo

Staff Writer Minister of Mines and Energy, Tom Alweendo, has announced the lifting of the suspension on the application for mineral rights. These includes a proposal to amend the mineral rights law, would give the Minister power to auction certain mineral rights in line with the recommendations of the High Level Economic Panel on the Presidency. A Ministry’s statement on Monday places a temporary suspension on the application for mineral rights on 6 November, 2020, with the suspension/moratorium having expired on 31 August, as per the Government Gazette No.308. “The law will be amended to allow the Minister to determine…

28 May

ReconAfrica needs to comply – Alweendo

ObserverObserver MoneyKavango region, Minister of Mines and Energy, ReconAfrica, Tom Alweendo

Tujoromajo Kasuto The Minister of Mines and Energy, Tom Alweendo, says ReconAfrica needs to comply with regulatory and licensing regulations of the country. Windhoek Observer asked the Minister why the company continued to explore for oil and gas in the Kavango region without a water permit, thus violating mining regulations. A water permit is a key requirement to mining as water is essential for cooling and lubricating the drill bit when drilling. “My position is that all licensing requirements must be complied with. Where that is not the case, the company must be made to comply.” Alweendo said. The Minister’s…