Country Report
Somalia upstream summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Somalia's nascent upstream industry faces above-ground challenges. No oil or gas discoveries have been made. Concerns about political corruption and long-term security of contracts continue to discourage exploration. Onshore areas are still affected by insurgency, and although offshore piracy incidents have declined, some incursions persist. Politically, the Federal Government of Somalia does not have full control over the country. The semi-autonomous state of Puntland and the ...
Table of contents
- Executive summary
- Key facts
- Location maps
- Key companies
-
Geology
- Introduction
- Southern Gulf of Aden basin
- Sagaleh basin
- Somali-Ogaden-Mandera Lugh basin
- Mogadishu-Somali basin
- Lamu Embayment basin
-
Exploration
- Licensing
- Historical licensing activity
-
Drilling
- Drilling activity
- Future drilling activity
- Reserves and resources
-
Production
- Oil/liquids
- Gas
-
Infrastructure
- Introduction
-
Policy and regulation
- Key legislation
- Regulatory body
- State oil company
- State participation
- International boundaries
- Licensing
-
Fiscal terms
-
Overview
- Upstream
- Mid/Downstream
- Current fiscal terms
- Basis
- Government equity participation
-
Fiscal terms
- Bonuses, rentals and fees
- Indirect taxes
- Royalty
- Domestic market obligation (DMO)
- PSC cost recovery
- PSC profit sharing
- Corporate income tax
- Fiscal treatment of decommissioning costs
-
Product pricing
- Liquids pricing
- Natural gas pricing
-
Overview
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Location maps: Image 1
- Net Acreage 2025
- Map of petroleum basins
- Exploration: Table 1
- Licence map (Somalia, Somaliland and Puntland)
- Exploration: Table 2
- Exploration drilling by basin
- Somalia
- Fiscal terms: Table 2
- Fiscal terms: Table 3
- Fiscal terms: Table 4
- 6 more item(s)...
What's included
This report contains:
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