News > Somalia open for business as President throws his support at major oil exploration agreement

Somalia open for business as President throws his support at major oil exploration agreement

Dkoding | 21/10/2022 01:07 PM | Click to read full article

President of Somalia supports Coastline’s Production Sharing Agreements with the Federal Government and declares the country open for business with international companies; Coastline received full Government support for its agreements at high-level meetings in Mogadishu with the President.

Coastline pays US$7 million signature bonus to the Somali Central Bank for its 7 Production Sharing Agreements.

-