Oil refinery in the pipeline for harbour town

A Namibian-based company intends to construct an oil refinery at the coast.

07 July 2019 | Energy

Immanuel Wilfred; Mayor; “We are doing this to entice investors.”

Walvis Bay • Otis Finck

Clasox Petroleum has applied to acquire 10 ha of land behind Dune 7 at Farm 58 for the construction of an oil refinery.

The Namibian-registered company indicated its intentions in an application dated 2 April 2019 and requested that 10 ha of land be made available to it for the envisioned project. Subsequently a development proposal was presented to the executive management of the Walvis Bay municipal council on 3 April.

Council however pointed out that the process of township establishment of Farm 58 has not been finalized, adding that the Registrar of Deeds advised that no land may be leased or transferred on the Remainder Farm 58 before township establishment has been completed.

The department of roads and building control is currently busy with the incorporation of Remainder Farm 58 into Walvis Bay town and townlands as an erf with the subsequent subdivision of the incorporated portions.

Once this process is complete, only then can council either enter into a long term lease with or alienate portions of the land to potential applicants.

The management committee (MC) said it supports the idea of allocating land for the establishment of the envisioned oil refinery for a number of reasons, chiefly because Walvis Bay has been experiencing significant growth over the past six years and this is expected to continue. The harbour town has also been identified as the growth point for industrialisation in terms of NDP 5.

The MC further stated that from an economic development point of view, the establishment of an oil refinery will contribute hugely to employment creation and poverty alleviation in Walvis Bay. It was therefore resolved that in view of the township development process still to be finalised, Clasox Petroleum be informed that council would be prepared to approve the proposal in principle and that a portion of 10 ha will be reserved in this regard.

“We are doing this to entice investors and in the hope that a detailed proposal will follow. The actual establishment of an oil refinery will be a significant investment. It will mean a lot for the country, the region and the harbour town in terms of foreign investment. Government encourages such initiatives.”

Once the township development processes have been finalized, negotiations will be entered into with the applicant for the lease or outright sale of 10 ha of land. Such negotiations could include a visit to a partner refinery in Bulgaria.

Similar News


Fuel prices unchanged

2 months ago - 04 December 2019 | Energy

Fuel pump prices in Walvis Bay for 95 Octane Unleaded Petrol amount to N$ 13.05 per liter and that of Diesel 50 ppm is N$...

N$120 miljoen. se

4 months ago - 15 October 2019 | Energy

Arandis • Adolf KaureVisepresident Nangolo Mbumba het onlangs Sertum Ener­gy Namibia se N$120 miljoen-sonkragaanleg by Orano se Trekkopje-myn ingewy. Die 5 megawatt- fotovoltaïese aanleg lê...

Son gee myn krag

4 months ago - 01 October 2019 | Energy

Arandis · Otis Finck Sertum Energy Namibia gaan Donderdag sy nuut geboude Trekkopje-sonkragaanleg amptelik in gebruik neem. Die visepresident van die Republiek van...

Group calls for reduced electricity tariffs

6 months ago - 11 August 2019 | Energy

Walvis Bay - Otis Finck Residents staged a peaceful protest against high electricity tariffs in Walvis Bay. The Walvis Bay Concerned Group (WBCG)...

Price of electricity remains unchanged

6 months ago - 06 August 2019 | Energy

Walvis Bay • Leandrea Louw Erongo RED announced that the electricity price will remain unchanged until next year July. According to the regional electricity...

Residents urged to attend public meetings

8 months ago - 02 June 2019 | Energy

Walvis Bay - Leandrea Louw Erongo RED will host public meetings to discuss proposed electricity tariffs, ongoing projects and electricity related matters. The first...

Galp starts Namibia offshore seismic acquisition

1 year - 28 January 2019 | Energy

Galp, a publicly held, Portuguese-based energy company with an international presence, will start a 3D seismic campaign in Namibia’s Deepwater Offshore License PEL83 in the...

Going solar at home: The basics

1 year - 01 October 2018 | Energy

Solar-powered homes were a rarity a decade ago, but increasing electricity costs and worries about climate change, have made them commonplace.So, why use solar panels?...

Erongo RED sheds light on tariff increases

1 year - 17 September 2018 | Energy

Otis Finck Erongo RED CEO Fessor Mbango rubbished claims that the regional power utility provider has increased electricity tariffs by 40%.He also expressed regret...

Mega power generation in the pipeline

1 year - 27 August 2018 | Energy

Frank Steffen The subcontinent’s power supply was one of the matters discussed during the recent Southern African Development Community (SADC) summit held in Windhoek,In...

Latest News

Elephant comfortably ‘settled in’

28th of February 16:34 | Local News

Swakopmund • [email protected]naThe elephant at Rössmund is a unique attraction, but at the same time golf course management hope the pachyderm will move on.“This is...

Brand saai verwoesting

28th of February 16:28 | Disasters

Hentiesbaai • [email protected] ’n Gedeelte van ’n huis op Hentiesbaai is deur ’n brand verwoes.’n Motorhuis wat omskep is in ’n leefarea waarin Briggite Gertze...

Pastor charged with kidnapping granted...

22 hours ago | Crime

Walvis Bay • [email protected]likein.com.na Pastor Marvin Damaseb allegedly took a girl who is believed to be 13-years old, without her mother’s consent from a primary...

Prayers continue for missing captain...

22 hours ago | Local News

Walvis Bay • [email protected] The wife of missing Resplendent captain Carlo Gordon says she wants answers to understand what happened to her husband...

Samherji explains retrenchments

23 hours ago | Fishing

Walvis Bay • [email protected]ublikein.com.na The workers on the Geysir currently fishing in Mauritania, are the only ones to keep their jobs while the rest...

Art therapy awareness

1 day - 27 February 2020 | Art and Entertainment

Swakopmund • [email protected] Art Stop Swakopmund hosted art therapist Jan Joubert for a session on art therapy, which involves the use of creative techniques...

Coronavirus impacts trade

1 day - 27 February 2020 | International

Swakopmund • [email protected] Over 50 delegates from member states are in Swakopmund for the Southern African Customs Union (SACU) meeting of senior trade officials.The...

Tennis triumph

1 day - 27 February 2020 | Sports

Swakopmund The Namibia Tennis Association (NTA) hosted their first tournament of the year at the municipal tennis courts in Vineta and at the Swakopmund Mole...

Tweya lashes out against policies...

2 days ago - 26 February 2020 | Government

Walvis Bay • [email protected] The minister of trade, SME development and industrialisation Tjekro Tweya lashed out against officials who he accuses of holding...

Load More