Inaugural Somali regulator plots confident course
Newly appointed Somali Petroleum Authority chairman and CEO Ibrahim Ali Hussein speaks to Petroleum Economist about his hopes for the Somali oil and gas industry
Ibrahim Ali Hussein was appointed the first chairman and CEO and of the Somali Petroleum Authority (SPA), at the end of July, at a critical point in the development of the country’s nascent hydrocarbons industry. The establishment of the SPA is the last major milestone in establishing the set of institutions necessary to create a promising industry in the frontier East African economy. The minister of petroleum led the creation of the SPA, according to the terms of the Petroleum Law passed in February this year. Its establishment happened shortly before the first licensing round was launched on 4 August and it will be a key institution for exploitation of hydrocarbons in the country. What ar
Also in this section
16 April 2025
Israel continues to strike new oil and gas concession agreements and gas exports continue to rise, but an overreliance on Egypt remains the big concern
15 April 2025
Loss of US shipments of key petrochemical feedstock could see Beijing look to Tehran with tariffs set to upend global LPG flows
15 April 2025
Australia’s East Coast Gas projections for a supply shortfall have been pushed further out, but the challenge to meet evolving gas demand and the shifting assumptions around the fundamentals remain just as stark
15 April 2025
Long-delayed prospects for onshore LNG production in Mozambique have improved thanks to US financing approval, but security challenges blight way ahead
