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to allow all candidates and parties to participate   recent years, TotalEnergies and Shell have made
                                 in the electoral process and release all political   discoveries estimated at 2.6 billion barrels, lay-
                                 prisoners without restrictions or delay”.  ing the foundations for African country to set up
                                 In order to implement an orderly process fol-  production in 2030.
                                 lowing the expiration of General License 44, the   OPEC+ would initially focus on getting Namibia
                                 United States will issue a 45-day wind-down   to join its Charter of Cooperation, a group that
                                 license. Treasury’s Office of Foreign Assets   engages in dialogue on energy markets. It is
                                 Control also will consider requests for specific   reminded that Brazil joined the Cooperation
                                 licenses to continue activities beyond the end of   Charter last January. However, high-ranking offi-
                                 the wind-down period on a case-by-case basis.   cials of the African Chamber of Energy stressed
                                 “We will continue to support Venezuelans’ aspi-  to Reuters that ultimately, OPEC+ is aiming for
                                 rations for a more democratic, stable, and pros-  Namibia’s full membership in the organisation.
                                 perous Venezuela. We and our partners in the   OPEC Secretary-General Haitham Al Ghais was
                                 international community urge Maduro to uphold   quoted as saying in February that the organisa-
                                 all the commitments made under the electoral   tion was holding talks with several nations on
                                 roadmap established by the signatories of the   joining the charter without naming them. Coin-
                                 Barbados Agreement”, concludes the statement   cidentally, however, Al Ghais, at that time, had
                                 of the US Department of State.          met with Namibia’s Minister of Mines and Energy,
                                                                         Tom Alweendo, at a conference in Nigeria, where
                                 Is Namibia the next OPEC+ member?       the prospect of cooperation between OPEC and
                                 The OPEC+ group, which in recent years has   the African country under the umbrella of the
                                 faced the withdrawal of Angola and other coun-  Cooperation Charter was raised.
                                 tries, is considering Namibia for possible mem-
                                 bership as the African country’s oil output pros-  EU oil import dependency at its highest in 2022
                                 pects are excellent.                    The EU’s import dependency for the entire family
                                 African industry sources told Reuters that in   of crude oil and petroleum products surged to a


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