Somalia appoints seven board members to lead the petroleum regulator

MOGADISHU (HOL) – The petroleum sector regulatory body Somali Petroleum Authority has appointed seven board members representing the Federal Member States and the Federal Government.

In a statement Wednesday, the authority said the appointments were in line with the provisions of the Petroleum Act.

“The Board will oversee all the SPA’s activities to ensure that it develops a sustainable and competitive industry in the interests of all Somali people, in keeping with its mandate,” the authority said.

Somalia appoints seven board members to lead the petroleum regulator

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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.