Somalia is set to extract its first batch of oil in 2024, a historic milestone for the nation's economy and energy sector.
Report informs via foreign media that the strategic partnership with Coastline Exploration and commitment to environmental stewardship and community involvement signal Somalia's dedication to responsible and sustainable oil extraction.
In a groundbreaking move poised to redefine its economic landscape, Somalia is on the verge of extracting its first batch of oil in 2024. This historic development was confirmed by the Minister of Petroleum & Mineral Resources, Abdulrazak Omar Mohamed, setting the stage for a transformative period in the country's oil industry. This milestone not only signifies a significant leap for Somalia's economy but also heralds a new era of growth and investment opportunities within the oil sector.