National Petroleum Corporation of Namibia
National Petroleum Corporation of Namibia | |
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State companies , ministries and institutions in Namibia |
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Designation: | National Petroleum Corporation of Namibia |
State level: | State company |
Founding: | 1991 |
Employee: | 100 (2016) |
Turnover or budget / budget : |
N $ 648.3 million (2016) |
Profit: | N $ 139.9 million (2016) |
Highest office: | General Director |
Officials: | Colin Ramothibe |
Headquarters: | Windhoek |
Superordinate position: | Ministry of State Enterprises |
Homepage: | www.namcor.com.na |
The National Petroleum Corporation of Namibia (mostly just NAMCOR for short ) is the state-owned mineral oil company in Namibia . It has based on the Petroleum (Exploration and Production) Act of 1991 , the right to exploration , exploitation and production of petroleum and production of mineral oils in Namibia.
The tasks include:
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Upstream
- Exploration and production
- promotion
- Advice and regulation
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Downstream
- Refining Oil
- storage
- End customer products (fuels, engine oils)
See also
Web links
- Official corporate website (English)