National Oil Storage Facility

Also known as: NOSF

A N$6.5 billion fuel storage facility at Walvis Bay with 75 million litres capacity, holding Namibia's three-month strategic reserves and handling all petroleum imports.

2026-03-022026-07-14

What’s been said

Key points drawn from coverage. Tap a point to see the original sentence.

March 2026
27 MarNew Era
National Oil Storage Facility handles all petroleum products entering Namibia
Source
“The National Oil Storage Facility handles all petroleum products entering Namibia.”
On the spot with Edgar Brandt – Ensuring fuel security during turbulent times (Part 2)
27 MarNew Era
National Oil Storage Facility provides discharge services to Puma Energy, Vivo Energy and TotalEnergies
Source
“Beyond storage, the NOSF also supports the broader fuel industry by providing discharge services to major players such as Puma Energy, Vivo Energy and TotalEnergies.”
Namibia’s energy buffer amid uncertain times … national oil storage more than oil depot
23 MarNew Era
National Oil Storage Facility has storage capacity of 75 million litres with reserves lasting up to three months
Source
“With a storage capacity of 75 million litres and reserves that can last up to three months, the facility acts as a critical buffer against global supply disruptions.”
No domestic fuel shortage despite global turbulence
20 MarNew Era
National Oil Storage Facility has storage capacity of 75 million litres
Source
“We have a storage capacity of 75 million litres currently at the facility.”
On the spot with Edgar Brandt – Ensuring fuel security during turbulent times
19 MarNew Era
National Oil Storage Facility is generating an estimated N$3 billion in annual revenue
Source
“Namibia's flagship fuel infrastructure, the National Oil Storage Facility, is generating an estimated N$3 billion in annual revenue, but the single biggest cost to ensure its operational and long-term efficiency is not supply, logistics, or demand, but relentless and complex maintenance.”
NOSF maintenance prioritised for efficiency … newly appointed contractor to start from end of March
19 MarNew Era
National Oil Storage Facility faces multiple operational challenges stemming from ageing equipment, harsh environmental conditions, and reliance on foreign technical expertise
Source
“Five years after becoming operational, the strategic reserve, designed to secure Namibia's fuel supply and stabilise national energy security, continues to face multiple operational challenges stemming from ageing equipment, harsh environmental conditions, and reliance on foreign technical expertise.”
NOSF maintenance prioritised for efficiency … newly appointed contractor to start from end of March
18 MarNew Era
National Oil Storage Facility has total storage capacity of 75 million litres
Source
“With a total storage capacity of 75 million litres and a strategic reserve designed to last up to three months, the NOSF has become a key pillar of Namibia's energy security architecture.”
National oil storage crucial strategic shield … global fuel prices surge amid geopolitical, market volatility
17 MarNew Era
National Oil Storage Facility has received a surge in interest from local businesses seeking to store fuel products
Source
“Despite this limited utilisation, the facility has recently received a surge in interest from local businesses, seeking to store different petroleum products.”
Oil storage fee shake up … new NOSF pricing structure to empower local fuel businesses

Business

Minister suspends NaCC conditions in Nasan fuel merger

The News

Minister of Industries, Mines and Energy Modestus Amutse has approved the merger between Nasan Energies and the divestiture business from Vivo Energy and Engen Namibia, while suspending enforcement of several conditions imposed by the Namibia Competition Commission. The decision follows a review application by Nasan Energies in April; the merger involved Nasan acquiring 52 Shell and Engen service stations divested as a competition remedy after Vivo Energy acquired Engen's downstream fuel business.

13 July 2026 · Windhoek Observer →

Yesterday

Minister suspends NaCC conditions in Nasan fuel merger
Minister of Industries, Mines and Energy Modestus Amutse has approved the merger between Nasan Energies and the divestiture business from Vivo Energy and Engen Namibia, while suspending enforcement of several conditions imposed by the Namibia Competition Commission. The decision follows a review application by Nasan Energies in April; the merger involved Nasan acquiring 52 Shell and Engen service stations divested as a competition remedy after Vivo Energy acquired Engen's downstream fuel business.
13 July 2026 · Windhoek Observer →

Monday 30 March

Middle East tensions drive Namibia fuel price surge, government responds
Escalating geopolitical tensions in the Middle East are pushing global oil prices higher, affecting Namibia's fuel costs. The Namibian government has temporarily reduced fuel levies by 50% through June and is using the National Energy Fund to cushion price volatility, though economists warn of potential inflationary impacts on transport, production, and household costs if prices remain elevated.
30 March 2026 · New Era →

Friday 27 March

NOSF enters new phase with market-based fees, wider access
Namibia's National Oil Storage Facility, a N$6.5 billion investment in Walvis Bay designed to hold 75 million litres of fuel, is undergoing policy reforms to establish market-related tariffs and attract local entrepreneurs to its storage capacity. The facility aims to balance its role as a strategic energy buffer against global supply disruptions with expanded commercial participation and improved operational sustainability.
27 March 2026 · New Era →
Namibia's fuel storage facility prepares for local business access
The National Oil Storage Facility handles all petroleum products entering Namibia and is considering opening storage capacity to local entrepreneurs, currently hosting only one private company. The facility, which requires strict international safety and quality standards, is reviewing its fees to provide competitive rates and attract applications from Namibian businesses seeking storage for diesel, ULP, and jet fuel.
27 March 2026 · New Era →

Monday 23 March

Namibia denies fuel shortage despite global oil tensions
The Namibian government has reassured the public that domestic fuel supply remains stable and sufficient amid rising global oil prices, citing the National Oil Storage Facility at Walvis Bay (capacity 75 million litres, three months' reserves) and mandatory 30-day reserves held by fuel companies as key buffers against global disruptions.
23 March 2026 · New Era →

Friday 20 March

Namibia maintains three-month strategic fuel stock amid global market tensions
With crude oil prices exceeding US$100 per barrel due to Middle East tensions, Namibia faces fresh fuel security concerns despite recent offshore discoveries years from production. The National Oil Storage Facility holds 75 million litres of strategic reserves (representing three months of supply) and works with the National Energy Fund to buffer price shocks, though domestic taxes and levies also drive consumer prices.
20 March 2026 · New Era →

Thursday 19 March

NOSF maintenance costs surge; new contractor starts end of March
Namibia's National Oil Storage Facility, generating N$3 billion in annual revenue, faces mounting maintenance challenges from ageing equipment, corrosive coastal conditions, and dependence on Chinese manufacturers for repairs. A new dedicated maintenance contractor will take over at the end of March to address the facility's high maintenance burden, which officials say is the largest operating expense.
19 March 2026 · New Era →

Wednesday 18 March

Namibia's oil storage facility shields nation from fuel price shocks
As global oil prices surge amid geopolitical instability in the Middle East, Namibia's National Oil Storage Facility provides strategic defence against supply disruptions and fuel price volatility. With 75 million litres capacity and three months of strategic reserves, the facility operated by Namcor centralises fuel imports and distribution while the National Energy Fund cushions consumers from rising global prices.
18 March 2026 · New Era →

Tuesday 17 March

Government reviews NOSF fuel storage fees to boost local participation
The Ministry of Industries, Mines and Energy is reviewing storage fee structures at Namibia's National Oil Storage Facility to establish market-related tariffs and open access to more local entrepreneurs. The facility has received multiple applications from companies seeking to store diesel, petrol, and aviation fuel, but current space constraints may limit simultaneous usage; managers are considering short-term contracts (around 30 days maximum) to ensure fair access and prevent monopolisation by individual operators.
17 March 2026 · New Era →

Monday 2 March

Iran tensions threaten Namibia's fuel imports and economy
Military escalation between the US, Israel and Iran threatens global oil supplies and raises risks for fuel-importing Namibia, particularly if conflict disrupts the Strait of Hormuz. Analysts urge Namibia to build strategic fuel reserves, diversify suppliers beyond the Gulf region and accelerate renewable energy investment to cushion against price shocks.
2 March 2026 · New Era →