Namibia's minister urges management of expectations on oil discoveries' socioeconomic impact

WINDHOEK, Aug. 16 (Xinhua) -- Namibia's Minister of Mines and Energy Tom Alweendo on Wednesday cautioned against viewing recent oil and gas discoveries as an automatic solution to socioeconomic challenges in the southwestern African nation.

Speaking at the commencement of the two-day Namibia Oil and Gas Conference 2023 which kicked off Wednesday in Windhoek, the capital of Namibia, Alweendo urged careful management of expectations and highlighted the potential for uncertainties and complexities in the development of the oil sector.