Changing fortunes?

Kigotho, Wachira; 01/04/2011

Classified as a failed state, Somalia is one of the world’s poorest countries. However, the politically fractured country may contain significant oil and gas reserves and is being touted as a potentially rich producer, reports Wachira Kigotho in Nairobi. Furthermore, Somalia is increasingly regarded as economically strategically located - a view fuelled by recent interest by Chinese and western nations’ oil and gas investment companies.

Article details

PR Apr 2011 - p14-15.pdf

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Journal title: Petroleum Review

Region: Africa

Publisher: Energy Institute

Countries: Africa - Somalia - Somaliland -

Subjects: Resource use and management, Trading, Gas markets, Oil markets, Policy and Governance, Energy consumption, Oil and gas extraction, Oil and gas, Oil, Primary energy production, Reserves