Turkey Set to Claim Nearly 90% of Somalia’s Oil and Gas Profits, Report Highlights
Turkey to Secure Up to 90% of Somalia’s Oil and Gas Revenue, Document Reveals
MOGADISHU, Somalia —
In a scenario raising both eyebrows and questions, Turkey is set to receive a striking 90% of the revenues from Somalia's offshore oil and gas endeavors, as revealed in a document published by the Nordic Monitor on Tuesday. This agreement, signed on July 19, 2024, between the Turkish Petroleum Corporation and the Somali Petroleum Authority, has…