Somalia announces regulator leadership
Somali Petroleum Authority board has been approved by the Mogadishu government ahead of licensing round
Somalia’s cabinet approved the board members of the Somali Petroleum Authority (SPA) on 30 July, passing a significant milestone as the Ministry of Petroleum and Mineral Resources prepares to launch its first licensing round on 4 August. The appointment of Ibrahim Ali Hussein as the SPA’s first chairman and CEO is not a surprise. He has been the senior economic advisor to The Ministry of Petroleum and Mineral Resources since November 2014, where he developed the regulatory and commercial framework for the oil and gas industry. Petroleum Economist reported the ratification of The Petroleum Law on 8 February 2020 that provided for the SPA to be the government authority to regulate the develop
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