Somalia Announces Regulator Leadership

Somali Petroleum Authority board has been approved by the Mogadishu government ahead of licensing round
Somalia’s cabinet approved the board members of the Somali Petroleum Authority (SPA) on 30 July, passing a significant milestone as the Ministry of Petroleum and Mineral Resources prepares to launch its first licensing round on 4 August.

The appointment of Ibrahim Ali Hussein as the SPA’s first chairman and CEO is not a surprise. He has been the senior economic advisor to The Ministry of Petroleum and Mineral Resources since November 2014, where he developed the regulatory and commercial framework for the oil and gas industry.

Somalia Announces Regulator Leadership

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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.