Turkey Secures 90% Share of Somalia Oil Revenue in New Agreement
Mogadishu (AX) — Recent reports indicate a significant shift in the dynamics of resource management in Somalia, particularly regarding its offshore oil and gas reserves. According to a comprehensive report from Nordic Monitor, Turkey stands to secure an astounding 90 percent of the revenue generated from these resources. This revelation raises several critical questions about the nature of international agreements and the potential ramifications for Somalia’s economic sovereignty.
The full text of the agreement, which has…