The global oil & gas industry has a new player in the market! A 2017 study revealed that Somalia is home to 20,582.75 Km of potential reserves. The results of this research highlight a huge potential for offshore resources.
After 25 years, Somalia is now open to foreign investment.
The country will be announcing its first licensing round at the Somalia Oil, Gas & Mining Summit 2018, (29th-30th of March, Nairobi, Kenya).
To mark this significant announcement, some officials will be coming and speaking at the summit:
- Prime Minister of Somalia, H.E. Hassan Ali Khayre
- Minister of Petroleum and Mineral Resources Somalia, H.E. Abdirashid Mohamed Ahmed
- State Minister, Office of the Prime Minister Somalia, H.E. Abdullahi Hamud
The event is officially supported & endorsed by Ministry of Petroleum & Mineral Resources and Office of the Prime Minister, Federal Government of Somalia.