Somalia petroleum authority
WebApr 8, 2024 · Weeks after the failed signing, on January 21, Petroleum Minister Abdirashid Mohamed Ahmed issued a decree removing Ibrahim Ali Hussein as chairman and chief executive of the Somalia Petroleum Authority (SPA). The Somalia government’s Committee on Natural Resources and Environment Committee, which investigated the dismissal, said … Web2.6 to establish the Somalia Petroleum Authority as the competent regulatory authority to regulate Petroleum Operations, applying regulatory principles of equality, openness, accountability, transparency and non-discrimination; 2.7 to establish Somalia Petroleum Corporation as an entity Controlled by the Government
Somalia petroleum authority
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WebApr 22, 2024 · The Somalia Petroleum Authority (“SPA”) notes the article published by Voice of America on 19 April and issues the following response. The analysis published in the article was entirely inaccurate and based on an early draft of the Production Sharing Agreement (PSA), which is no longer relevant. WebJul 31, 2024 · Somali Petroleum Authority Established. Friday, July 31, 2024. The Ministry of Petroleum and Mineral Resources of the Federal Republic of Somalia announced that the …
WebIn August 2024 the Somali Petroleum Authority (SPA) oversaw the opening of the country’s first ever offshore licensing round. This followed the establishment of the Authority (press release) and approval of the Petroleum Law by the Upper and Lower Houses of the Federal Parliament.The License Round was previously set to close on 30th June 2024, however, … WebApr 19, 2024 · Jamal Kassim Mursal, former permanent secretary of the Somali Petroleum Ministry, said the agreement was "unfair." "A fixed oil royalty rate of 5% and a fixed gas royalty rate of 3%, government ...
WebThe Somali Petroleum Authority (SPA) was established to ensure a transparent and robust regulatory framework for external investors to explore petroleum potential whilst ensuring Somalia has maximum benefit. In line with our core principle of transparency, we will post on Twitter relevant information and welcome questions. WebOct 14, 2024 · Wednesday, October 14, 2024. The Somali Petroleum Authority (SPA) has announced the appointment of six Independent Directors to its Board, each representing a Member State and one Independent Director representing the Federal Government – following the approval of the Prime Minister and the Council of Ministers.
Web6. 4 AUGUST, 2016 SOMALIA - FINAL REPORT WS0101.23802118.1 LIST OF ACRONYMS "2008 Petroleum Law": the Petroleum Law of Somalia no. XGB/712/08 dated 6 August 2008. "Allocation Agreement": the agreement to be entered between the FGS and the Member States pursuant to article 44 of the Provisional Constitution for the allocation of the …
WebJul 6, 2024 · The law established the Somali National Oil Company, which will participate in petroleum operations, as well as the Somali Petroleum Authority, which will act as a regulatory body overseeing oil and gas activity. Siva Prasad, senior analyst at Rystad Energy, says that the passing of this law resolved a key barrier to exploration offshore Somalia. e4ly-2553-aWebAug 6, 2024 · 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. e4j55b hp artist matte canvas 914 mm x 15.2 mWebThe Somali Petroleum Authority (SPA) was established to ensure a transparent and robust regulatory framework for external investors to explore petroleum potential whilst ensuring … csgo cheats for freeWebMar 5, 2024 · Follow. Official page of the Somali Petroleum Authority. @SPASomAuthority. Regulating the sustainable development of Somalia’s socio-economic transformation through diligent petroleum resource management. Somalia, Mogadishu hbs.gov.so Joined March 2024. 317 Following. e4ly9h307ahttp://www.somalilandlaw.com/Somalia_Petroleum_Law.pdf e4 llandoughWebMay 3, 2024 · In 2024, the government passed a petroleum law under which the Somali Petroleum Authority was established to regulate the industry and guide deals with … csgocheats irWebFEDERAL REPUBLIC OF SOMALIA SOMALI PETROLEUM AUTHORITY THE OFFICE OF THE CEO th June 29 , 2024 EXTENSION OF THE SUBMISSION DEADLINE FOR FIRST SOMALI … cs go cheats github