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    Jowhar.com: The Force Majeure Dilemma, and Way Forward for Somali Oil and Gas

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Summary

Jowhar.com looks at the current state of Somalian oil and gas, particularly in relation to the force majeure clauses of exploration leases

by: Erica Mills

Posted in:

Press Notes, Africa

Jowhar.com: The Force Majeure Dilemma, and Way Forward for Somali Oil and Gas

The Federal Government of Somalia (FGS) has a monumental task of building sustainable peace, improving security, building national infrastructure, and increasing access to quality health services and education for the people of Somalia.

One of the greatest pillars that the government and the people of Somalia peg their hopes of achieving the socio-economic development that has eluded them over the last two decades is the wealth of hydrocarbons that the country sits on, both onshore and offshore – on the Indian Ocean floor.

Read the full article HERE.