from SAAD MUSE in Mogadishu, SomaliaSomalia BureauMOGADISHU, (CAJ News) - THE discovery of commercial oil and gas in Kenya, Somalia, Tanzania and Uganda has re-assessed the petroleum prospectivity of East Africa. Mozambique, in the southern bloc, also has vast potential. Liberty Petroleum Corporation has announced the signing of three Production Sharing Agreements (PSAs) between the
A view of Somalia s capital, Mogadishu, from the sea. Credit: MDart10 / Shutterstock.com
A few days into the New Year, armed Somali intelligence officials were seen escorting guests into three bullet-proof cars at Mogadishu’s Aden Adde International airport. An unusual quiet stretched through the capital’s normally busy main streets as the convoy snaked through cordoned-off roads towards Somalia’s presidential palace.
Local and international media reported that two foreign companies were arriving in Mogadishu to sign a “secret” historic oil deal with the Federal Government of Somalia (FGS), the first agreement of this kind since civil war erupted in the country in 1991. Opposition politicians wrote a letter to the president that warned against the “dangerous agreement” which they said raised concerns over transparency just a month ahead of the country’s first “one person, one vote” election since 1969.
A view of Somalia s capital, Mogadishu, from the sea. Credit: MDart10 / Shutterstock.com
A few days into the New Year, armed Somali intelligence officials were seen escorting guests into three bullet-proof cars at Mogadishu’s Aden Adde International airport. An unusual quiet stretched through the capital’s normally busy main streets as the convoy snaked through cordoned-off roads towards Somalia’s presidential palace.
Local and international media reported that two foreign companies were arriving in Mogadishu to sign a “secret” historic oil deal with the Federal Government of Somalia (FGS), the first agreement of this kind since civil war erupted in the country in 1991. Opposition politicians wrote a letter to the president that warned against the “dangerous agreement” which they said raised concerns over transparency just a month ahead of the country’s first “one person, one vote” election since 1969.