good performance competitive price crude oil refinery equipment in somalia

                                               
                                               
                                               
                                               
                                               
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  • Which oil companies are exploring in Somalia?
  • International oil companies including Chevron, Eni, ExxonMobil and Shell began exploring in Somalia in the 1950s but bolted when the country erupted in civil war in 1991. Today, though, Houston-based Coastline Exploration is leading a renewed charge, having acquired seven offshore blocks from Somalia's federal government in 2022.
  • Does Mogadishu need an upgrade to support oil exploration offshore Somalia?
  • Mogadishu port will need an upgrade to support oil exploration offshore Somalia. REUTERS/Feisal Omar Somalia will in coming years become an oil producing country and build an industry that will create jobs and support economic growth, Ibrahim Ali Hussein, chairman and CEO of the newly created Somali Petroleum Authority, tells The Africa Report.
  • 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.
  • Does oil exploration deepen the rift between Somalia and Somalia?
  • The discovery has raised the stakes in Somaliland¡¯s claim for independence from Somalia as it holds the potential for a new stream of revenue for the semi-autonomous state. But the oil exploration is deepening the rift with Somalia, which claims sovereignty over the region. Michael Walls answers five key questions.
  • Did Somalia import energy?
  • Somalia did not import energy. Energy sources, particularly fossil fuels, are often transformed into more useful or practical forms before being used. For example, crude oil is refined into many different kinds of fuels and products, while coal, oil and natural gas can be burned to generate electricity and heat.
  • Does Somalia have petroleum resources?
  • The country, which shares the geological structure of the Arabian peninsula, ¡°undoubtedly has petroleum resources,¡± says Hussein. ¡°We have to start exploration. We can¡¯t afford to wait.¡± Somalia¡¯s first-ever licensing round for up to seven exploration blocks opened on 4 August and runs until 12 March 2021.