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Somalia: Consultant sought to develop regulator
The Ministry of Petroleum and Mineral Resources is seeking a consultant to assist with the development of the planned Somali Petroleum Authority (SPA). The SPA will act as the industry regulator; its mandate is outlined in the 2017 petroleum bill, which is awaiting parliamentary approval. The bill, amending the 2008 petroleum law, was approved by cabinet in 2017. In June 2018, the federal government and federal member states reached an agreement on ownership, management and sharing of Somalia’s oil and mining revenues.
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