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Turkiye and Somalia sign a new Memorandum on energy exploration

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ANKARA, TURKIYE - JULY 06: Turkish President Recep Tayyip Erdogan (R) and President of Somalia Hassan Sheikh Mohamud (L) attend a signing ceremony of the agreements between two countries in Ankara, Turkiye on July 06, 2022. ( Emin Sansar - Anadolu Agency )
Turkiye’s state-owned energy company, TPAO (Turkiye Petrolleri Anonim Ortakligi), and Somalia’s Petroleum Authority signed a deal on joint onshore hydrocarbon exploration in Somalia, Turkish Energy Minister, Alparslan Bayraktar, said on Friday, Anadolu News Agency reports. According to the report, Turkiye and Somalia signed a high level defence and economic cooperation Memorandum during a visit to Ankara by the Somali Defence Minister. “With this agreement, we will carry out oil and gas research operations on Somali land fields,” Energy Minister, Bayraktar, said. At the Energy Forum held in Istanbul last week, President of Turkiye, Erdogan, said the Turkish ship, “Oruc Reis” started working on three sites in the waters of Somalia. Turkiye will engage in oil and gas exploration in the […]

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