Somalia Moves Closer to Revive Oil Sector, Oil Minister Says

The transcript discusses Somalia's efforts to attract oil investments, highlighting its strategic location and promising data. It addresses security concerns, exploration activities, and a territorial dispute with Kenya. The government is working on agreements with companies like Exxon and Shell, aiming to finalize legislation and start a bidding process.

What is the current status of negotiations between Somalia and Kenya regarding oil blocks?

What challenges does Somalia face in its oil exploration efforts?

What agreements have been reached with Exxon and Shell regarding oil exploration?