Somalia: The Good and the Bad of the New Petroleum Law – AuthenticAfrican

Posted on by All Africa

[Dalsan Radio] Somalia laid another significant paving stone on the road to its first ever licensing round to attract investment from international oil companies (IOCs) when the upper house of the federal parliament approved the third reading of its petroleum law in early January. But the landmark event coincided with a lethal wave of Islamist violence that may cause these same firms to pause for thought.