OPEC pledges support for Namibia's potential crude production and possible OPEC membership.

OPEC has pledged to help Namibia, a southern African nation, become a significant crude producer, paving the way for the country to potentially join the cartel. OPEC Secretary-General Haitham Al Ghais expressed excitement about the potential Namibia-OPEC partnership and offered support at a crucial juncture. Namibia's oil discoveries and future demand for oil have led to discussions about the country joining OPEC.

April 24, 2024
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