War-torn Somalia looks to rekindle quest for oil
Somalia’s coastline, the longest in mainland Africa, has long been on the list of basins that oil explorers would like to exploit, but the instability and lack of security caused by three decades of civil war in the East African country has proved a deterrent to most.
The country remains a daunting place to operate for companies, with UN chief Antonio Guterres recently noting that, although it is making progress toward building a functioning state after three decades of civil war, extremist attacks and famine, insecurity, political instability and corruption remain major challenges.
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Source: hellenicshippingnews.com
intel reports
Security and Risk Report 15/03/23
MAST’s security report issue 365 is available to read now. In the Gulf of Guinea, two incidents have been reported in the period observed. Nigeria’s
March 15, 2023 No Comments
