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 Green Hydrogen Commissioner James Mnyupe has warned authorities against formulating draconian laws relating to the oil and gas sector, saying such stringent legislation may scare away investors.

Namibia has been urged to prioritise solar and wind energy as the primary sources of power due to their cost-effectiveness and resilience in the face of climate change.

Oil and gas exploration company Eco Atlantic is currently in discussions with "at least" three companies expressing interest in acquiring significant stakes in its four prospective offshore licenses in Namibia's Walvis Basin.

Namibia and South Africa are not in competition when it comes to producing hydrogen energy, German renewable energy technology company Enertrag business case development manager Jonathan Metcalfe has said.

The Electricity Control Board (ECB) says tariff adjustments are necessary to ensure the security of power supply in the country.

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