As Somalia Secures Oil Deals, the Government Must Tackle Corruption and Wisely Steward Natural Resources
On March 7, 2024, Somalia and Türkiye inked a game-changing deal to jointly delve into the depths of offshore oil and natural gas reserves. This agreement isn't just about drilling; it stretches its tentacles into the transportation, distribution, and refining of these precious resources, spanning over projects both on terra firma and the vast, deep blue seas.
Come October 25, Türkiye's energy leviathan, TPAO, teamed up with the Somali Petroleum Authority (SPA). The collaboration isn't landlocked; rather, it's an…