popular sell of oil refinery equipment get diesel oil and asphalt in somalia

                                               
                                               
                                               
                                               
                                               
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  • What oil companies operate in Somalia?
  • Energy firms like Royal Dutch Shell and ExxonMobil operated in Somalia before the government collapsed in 1991. In 2020, the government passed a petroleum law under which the Somali Petroleum Authority was established to regulate the industry and guide deals with international contractors.
  • What is the Somali Petroleum Authority & how does it work?
  • In 2020, the government passed a petroleum law under which the Somali Petroleum Authority was established to regulate the industry and guide deals with international contractors. Licensing rounds have the potential to generate much greater revenue for Somalia and its regions.
  • What is oil and gas refinery?
  • Oil and Gas refinery is an industrial plant that comprises a wide set of equipment used in refining or transformation of crude oil into different petroleum products i.e diesel, liquified petroleum gas (LPG), kerosene e.t.c. This is the second stage in the oil and gas production cycle following the extraction process.
  • Why did oil and gas companies leave Somalia?
  • Prior to the conflict and collapse of the government in 1991, international oil and gas majors had exploration agreements in Somalia, but they withdrew from the country because of the civil war. Energy firms like Royal Dutch Shell and ExxonMobil operated in Somalia before the government collapsed in 1991.
  • How much oil does Somalia have?
  • Geo-seismic studies have shown that Somalia may have at least 30 billion barrels of oil and gas reserves, but these resources will take time to develop, as detailed exploration generally takes three to five years, and production can only begin afterward.
  • What products can be derived from crude oil?
  • Apart from oil and gas, there are a whole lot of by-products that can be derived from crude oil. Although, all of these products require various types of equipment and processes to ensure they meet necessary requirements, some of which include diesel fuel, asphalt base, liquified petroleum gas (LPG), pharmaceutical feedstocks, Wax e.t.c.