Minister says no company has been appointed to manage the National Oil Storage Facility at Walvis Bay

Minister says no company has been appointed to manage the National Oil Storage Facility at Walvis Bay
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Nampa

Mines and Energy Minister, Tom Alweendo says no company has been appointed to manage the National Oil Storage Facility at Walvis Bay.
Addressing a media briefing in Windhoek on Tuesday, he said Cabinet envisaged having Namcor manage the facility on behalf of the Government when it was being planned.
The minister explained that with the complexity of the operation of the facility, Namcor may need technical expertise to effectively manage the oil storage.
Alweendo stressed that a transparent process of securing the technical expertise necessary to manage the facility will be procured in due course and with the company's involvement.
He further acknowledged that a number of concerns raised against the project and allegations of irregularities in the shortlisting of tenders for the project.
The minister said the Government had instituted a process to investigate any wrongdoing.
Alweendo's response follows reports that a Swiss energy company, Vitol SA, is being preferred as Namcor's technical expert in running the National Oil Storage when it is completed within four months.
Construction costs of the oil storage increased from N$3,7 billion to N$5,6 billion.