Namibia said it arranged an emergency deal with Vitol Group for three months of fuel supply through September in an effort to mitigate price shocks for oil products caused by the Iran war.
Namibia said it arranged an emergency deal with Vitol Group for three months of fuel supply through September in an effort to mitigate price shocks for oil products caused by the Iran war.
A truck travels through the Namib desert near the Cleanergy Solutions green hydrogen plant outside Walvis Bay, Namibia, on Friday, May 3, 2024. Cleanergy, a venture between Antwerp-based shipping company Compagnie Maritime Belge SA (CMB) and local firm Ohlthaver & List Group, will be Namibia's first commercial green hydrogen plant, built at a cost of $30 million, as CMB intends to raise $3.5 billion to build an ammonia plant that would connect to a new storage and export facility planned by the Port of Antwerp-Bruges.
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