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  • 02-12-18

    Somalia eyes Egyptian knowledge in oil exploration

    (MENAFN) Somalia unveiled its objective for 2019 to commence its first international bidding for oil exploration.

    Egypt's Minister of Petroleum and Mineral Resources Tariq el-Molla confirmed that Somalia is seeking to learn from his country in the oil exploration area.

    The Egyptian minister suggested that Somalia is facing growing potentials for exploring offshore oil fields since it enjoys the longest coast within Africa.

    The minister added that Somali Minister of Petroleum and Mineral Resources Abdirashid Mohamed "stressed his country's pressing need to benefit from the Egyptian experience in the field of oil exploration, and ways to issue international tenders."

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