Why did Namibia's Energy Minister Modestus Amutse lift the five-year ban on Nasan Energies sourcing fuel from Vitol?

Energy Minister Modestus Amutse lifted the ban after a review in which he determined it was necessary to balance competition policy against wider public-interest considerations, specifically citing continuity of fuel supply, consumer protection, and market stability—particularly in light of fuel price volatility linked to the Iran war, which had earlier prompted him to grant Vitol a three-month exclusive fuel supply deal in May.

What was the original condition imposed by Namibia's Competition Commission on Nasan Energies' acquisition of Engen and Shell fuel stations?

In March, Namibia's Competition Commission barred Nasan Energies from securing fuel from Vitol for five years as a condition of approving its acquisition of 52 Engen and Shell-branded fuel stations from Vivo Energy, a Vitol unit.

Namibia's Energy Minister Lifts Ban on Nasan Energies Securing Fuel from Vitol

Jul 6, 2026

Namibia's energy minister lifted a five-year ban preventing Nasan Energies from sourcing fuel from trader Vitol, citing public interest considerations like market stability. The decision follows a review balancing competition policy against supply continuity amid geopolitical tensions.

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