Somalia to announce oil licensing round

Somalia to announce plans for first oil licensing round in December

Wendell Roelf

CAPE TOWN (Reuters) – Somalia will announce plans in December for its first ever oil and gas licensing round, its oil minister said on Tuesday, as the frontier market looks to attract new investment after decades of civil strife.

At least three mortar bombs were fired last month at Mogadishu’s international airport, the latest attack in a wave of violence that has afflicted the Horn of Africa nation since clan warlords overthrew a dictator in 1991.

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Source: reuters.com

Kenya and Somalia

Kenya and Somalia

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