Namibia’s state oil firm says fuel deal ensures supply stability

WINDHOEK, June 12 — National Petroleum Corporation of Namibia (NAMCOR) said Friday that a coordinated fuel procurement arrangement is helping strengthen the country’s energy security, improve supply stability, and support the company’s ongoing financial recovery.

In a statement, the state-owned oil company said the arrangement is designed to ensure a reliable fuel supply to the domestic market while balancing affordability, commercial sustainability, and prudent risk management.