Feasibility studies are currently underway for a proposed joint oil refinery between Namibia and Botswana, with Walvis Bay and Ghanzi under consideration as possible sites.
Although cost estimates of around US$4 billion have been mentioned, the deputy head of the upstream unit, Carlo McLeod, says no official budget has been confirmed pending the outcome of the studies.
“Namibia and Botswana are jointly exploring the development of a regional oil refinery.
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