Namibia Official: Total and Shell have explored amazing oil reserves! Up to billions of barrels

Namibia's newly discovered oil reserves are staggering
.
According to the British Reuters news agency reported on the 3rd, Namibia's Minister of Mines and Energy recently said that the oil resources explored by Total Energy and Shell Oil in Namibia have commercial value, and reserves can reach "billions (barrels)"
.

In the first half of this year, Total and Shell announced "major discoveries"
almost simultaneously.
As of now, the oil company is still drilling operations and is expected to complete the assessment by the
end of this year.
Commercial mining is expected to begin within four years
.
According to Bloomberg, the latest discovery claims to be the largest oil field explored in Namibia since independence, and the chairman of the country's state-owned oil company excitedly described the country as "winning the jackpot" this time and expecting the country's GDP to double
by 2040.
But President Geingob expressed caution and reminded his countrymen not to get too excited
.
"Oil may help national development, but this resource is a curse
for many countries," he said.
”

Experts interpret that Namibia's energy industry is relatively backward, there are a lot of gaps in related technologies and industry norms, and the cost of commercial mining is high
.
Many netizens also believe that the latest discovery is bound to attract the covetousness of some countries
.
Someone joked: "Soon there will be 'geologists' sent by the state with guns to 'investigate'
.
" ”