The Ministry of Mines and Energy (MME) has implemented a new licensing procedure for mineral rights and petroleum upstream licences, marking a shift from the traditional open application system.
The new system will allow applicants to submit applications during designated periods, providing the Ministry ample time to conduct thorough reviews and ensure efficient processing of applications.
“The Exclusive Prospecting Licence (EPL), Reconnaissance Licence (RL), Mining Licence (ML), Mining Claim (MC), Petroleum Reconnaissance Licence (PRL), Petroleum Exploration Licence (PEL), and Petroleum Production Licence (PPL) will be processed under this revised method,” said the MME.
The strategic move aims to streamline operations, address backlogs, and enhance the efficiency of the licensing process, particularly in light of the surge in demand for critical minerals and recent discoveries in the oil and gas sector.
“The current open application system has proven ineffective in addressing the growing demand for these resources,” explained the MME.
The current open application system will be phased out by 31 December 2023, with the seasonal approach taking effect on 1 April 2024.
“The change applies exclusively to new licences, with the legal processes for licence renewals continuing as per existing laws. Licence holders under moratorium will retain their status until the moratorium is lifted,” the government department said.
“The MME reaffirms its commitment to continuous improvement in managing the mining and upstream petroleum sectors, which play a crucial role in the national economy. This shift in the licensing procedure reflects our dedication to adapting to industry demands and establishing a more effective regulatory framework.”
This comes as Namibia is also set to launch online mining and petroleum licence applications in 2024.-miningandenergy.com.na