The Namibian -·4 min read·hard
The Stake We Did Not Pay For
J
Jason Kasuto
✦AI Summary
Namibia is evaluating its ownership strategy regarding offshore oil discoveries, specifically the Venus field operated by TotalEnergies. The article discusses the trade-offs between 'carried' stakes, where costs are deferred, and direct equity ownership for the state.
Namibia already holds a place on the cap table of its own oil. Whether that place becomes ownership in the fullest sense is a decision we still have time to make.
economybusinesspolitics
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