Somali Petroleum Law
<p>Ratified in 2020, the Petroleum Law established Somalia's first modern legal framework governing oil and gas exploration and production for the benefit of the Somali people.</p><p>It created the Somali Petroleum Authority as regulator and the Somalia National Oil Company (SONOC), and underpinned the country's first petroleum licensing round.</p>
Published
February 8, 2020
Effective Date
February 8, 2020
Ministry/Agency
Ministry of Petroleum and Mineral Resources
Executive Summary
<p>Ratified in 2020, the Petroleum Law established Somalia's first modern legal framework governing oil and gas exploration and production for the benefit of the Somali people.</p><p>It created the Somali Petroleum Authority as regulator and the Somalia National Oil Company (SONOC), and underpinned the country's first petroleum licensing round.</p>