Functions of Somalia Petroleum

Functions of Somalia Petroleum

Formation of SPC. Somalia Petroleum Corporation is established as a juridical person in the form of a corporation.
The head office of Somalia Petroleum Corporation shall be at a place in Somalia that the Ministry shall designate.
9.1.2 Somalia Petroleum Corporation has, in respect of its powers, all the rights, powers, privileges and capacity of a natural person.
9.1.3 This Law shall apply to the Somalia Petroleum Corporation in the same terms as is applicable to any other Authorized Person, with the required adaptations

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The Somali Petroleum Authority (SPA) was established to ensure a transparent and robust regulatory framework for external investors to explore petroleum potential whilst ensuring Somalia has maximum benefit.

In line with our core principle of transparency, we will post on Twitter relevant information and welcome questions. So please follow our Twitter account at @SPASomAuthority to be part of the discussion.