Somalia and Turkey have signed a deal to cooperate on oil and gas exploration. The deal enables Turkey to explore both on- and offshore Somalia, while the two countries strengthen bilateral technical and scientific ties.
In addition to the exploration, appraisal and development of Somalian blocks, Turkey will explore opportunities regarding the development of a refinery and the sale of petroleum products related to the projects, Somali Petroleum and Mineral Resources Minister Abdirizak Mohamed said.
The deal builds on a ten-year partnership signed between the two countries last month – the Defense and Economic Cooperation Framework Agreement.
Source: Energycapitalpower.com
