A Somalia Oil and Gas summit to be held in London later this month

Another Somalia Oil and Gas Summit will be held on October 20 in London to explore possible development of Somalia’s oil and gas industry and showcase the resources available. The event is being sponsored by Soma Oil and Gas, a British Company which has an offshore concession in Somalia.

Soma Oil and Gas’ CEO, Robert Sheppard, said, “Our work to date, along with the support of the government of Somalia, has reignited interest in the country’s highly prospective upstream sector and we are delighted to continue to assist the government in accelerating the development of its oil and gas potential.”

Somalia’s Minister of Petroleum and Mineral Resources, Daud Mohamed Omar, said “We are pleased with the growing interest in the Somalia oil and gas sector as evidenced by the expected attendance at the Somalia Oil and Gas Summit 2014.” He added that the Ministry welcomed the support of credible oil companies to sponsor the Somalia Oil and Gas Summit 2014 which he described as “this most important event.”

Source: Allafrica