• About Us
  • Contact Us
Friday, January 27, 2023
SOMALI
Goobjoog News English
  • Home
  • News
    • National
    • International
  • Security
    Traffic police officer shot dead in Bakarah market, Mogadishu

    Bombings hit areas near Mogadishu city HQs

    Heavy fighting underway between local forces, Al-Shabaab in Hiran region

    Heavy fighting underway between local forces, Al-Shabaab in Hiran region

    Joint security operation kills nearly 50 Al-Shabaab fighters in Hawadley  

    Joint security operation kills nearly 50 Al-Shabaab fighters in Hawadley  

    SNA eliminates 21 Al-Shabaab fighters in Hawadley

    Somalia to expand offensive against al-Shabab

    ATMIS congratulates SNA on liberation of strategic towns

    ATMIS congratulates SNA on liberation of strategic towns

  • Parliament
    Somali Parliament expected to decide on the 2022 budget today

    Somali Parliament expected to decide on the 2022 budget today

    Parliamentary Election Committee to hold its first meeting

    Parliament to hold crucial joint meeting today

    Parliament approves Hamze Abdi Barre as Somalia’s 21st Prime Minister

    Parliament approves Hamze Abdi Barre as Somalia’s 21st Prime Minister

    Congratulations pour in for the newly elected Somali Prime Minister

    Somali parliament to hold vote of confidence on Prime Minister Hamza Abdi Barre

    Upper House approves 5-member constitutional Commission

    Upper House approves 5-member constitutional Commission

  • Education
    Bringing everyone to the table: Supporting distributed leadership in Somalia’s education sector

    Bringing everyone to the table: Supporting distributed leadership in Somalia’s education sector

    President Hassan Sheikh leads nation in marking Somali Teachers’ Day

    President Hassan Sheikh leads nation in marking Somali Teachers’ Day

    UK funded Chevening Scholarships now open for application

    UK funded Chevening Scholarships now open for application

    PM Roble flags off secondary school leaving exams for thousands of learners

    PM Roble flags off secondary school leaving exams for thousands of learners

    USAID announces $6.8M initiative to increase access to education in Somalia

    USAID announces $6.8M initiative to increase access to education in Somalia

  • Humanitarian Affairs
    Study: Somali people ‘highly traumatized’ after years of conflict

    Study: Somali people ‘highly traumatized’ after years of conflict

    World Food Program chief: Somali famine slowed, not avoided

    World Food Program chief: Somali famine slowed, not avoided

    World Bank provides 50 mln USD grant for drought response in Somalia

    World Bank provides 50 mln USD grant for drought response in Somalia

    Somalia’s food crisis is claiming young lives

    8th AFRIMA in Senegal partners UNFPA, seeks support to end humanitarian crisis in Somalia

    The 2011 famine signs on sight, UN in Somalia warns as it calls for scaled up response

    Aid agencies, UN clash over ‘famine threshold’ as hunger ravages Somalis

  • Diaspora Voices
    Saudi government donates food aid to thousands of families in Somalia

    Saudi government donates food aid to Somalia

    Mogadishu Port Remains Closed Over Tariff Dispute

    Former Somali lawmaker involved in Mogadishu twin explosions

    World expresses solidarity with Somalia after attack

    Somali soldiers allegedly tortured former MP

    Somali soldiers allegedly tortured former MP

    NUSOJ impasse deepens as ILO recognises Farouk as Secretary General

    NUSOJ impasse deepens as ILO recognises Farouk as Secretary General

  • Business
    Somalia to issue first new banknotes in more than three decades

    Somalia to issue first new banknotes in more than three decades

    Somalia ‘to lift’ Kenyan khat ban as ties improve

    Boost for Kenyan traders as miraa exports to Somalia more than double

    Ethiopia and Somalia sign air services agreement

    Ethiopia and Somalia sign air services agreement

    DP World inks deal with Puntland to upgrade Bosaso Port

    DP World inks deal with Puntland to upgrade Bosaso Port

    Somali government eyes $100m annually from telcos with new law

    Somalis to call across networks by January

  • Science & Tech
    Somalia meteorite: Joy as scientists find two new minerals

    Somalia meteorite: Joy as scientists find two new minerals

    Uganda successfully launches its first satellite into space

    Uganda successfully launches its first satellite into space

    Banaadir Hospital gets major upgrade from Chinese government

    Banaadir Hospital gets major upgrade from Chinese government

    Opinion: Could Somalia become the next Texas?

    PSA CONUNDRUM: Roble, Farmaajo were ‘supportive’, Coastline Exploration ‘perplexed’

    Controvery in Somalia as gov’t COVID-19 Twitter handle used to spread political messages

    Controvery in Somalia as gov’t COVID-19 Twitter handle used to spread political messages

  • Opinion
    Somalia- Analysis: Could this be Somalia’s best chance to defeat Al-Shabab

    Somalia- Analysis: Could this be Somalia’s best chance to defeat Al-Shabab

    Somalia set to attend this year’s Africa Oil Week

    The exploration of oil and gas in Somalia

    Climate change; a shared global concern

    Climate change; a shared global concern

    Somalia and the human rights debate in Central Asia

    Somalia and the human rights debate in Central Asia

    African nations demand climate change financing ahead of COP27

    African nations can’t ‘adapt’ to the climate crisis. Here’s what rich countries must do

    A deadly decade for Somalia’s journalists

    A deadly decade for Somalia’s journalists

    President Mohamud: There is no turning back. We must finish off Al-Shabaab

    President Mohamud: There is no turning back. We must finish off Al-Shabaab

    Left behind: Deeply broken Somalia

    Left behind: Deeply broken Somalia

    OP-ED: Terrorism has no nationality, ethnicity nor religion. FETO threatens humanity as a whole”

    OP-ED: Terrorism has no nationality, ethnicity nor religion. FETO threatens humanity as a whole”

    Trending Tags

    • Home
    • News
      • National
      • International
    • Security
      Traffic police officer shot dead in Bakarah market, Mogadishu

      Bombings hit areas near Mogadishu city HQs

      Heavy fighting underway between local forces, Al-Shabaab in Hiran region

      Heavy fighting underway between local forces, Al-Shabaab in Hiran region

      Joint security operation kills nearly 50 Al-Shabaab fighters in Hawadley  

      Joint security operation kills nearly 50 Al-Shabaab fighters in Hawadley  

      SNA eliminates 21 Al-Shabaab fighters in Hawadley

      Somalia to expand offensive against al-Shabab

      ATMIS congratulates SNA on liberation of strategic towns

      ATMIS congratulates SNA on liberation of strategic towns

    • Parliament
      Somali Parliament expected to decide on the 2022 budget today

      Somali Parliament expected to decide on the 2022 budget today

      Parliamentary Election Committee to hold its first meeting

      Parliament to hold crucial joint meeting today

      Parliament approves Hamze Abdi Barre as Somalia’s 21st Prime Minister

      Parliament approves Hamze Abdi Barre as Somalia’s 21st Prime Minister

      Congratulations pour in for the newly elected Somali Prime Minister

      Somali parliament to hold vote of confidence on Prime Minister Hamza Abdi Barre

      Upper House approves 5-member constitutional Commission

      Upper House approves 5-member constitutional Commission

    • Education
      Bringing everyone to the table: Supporting distributed leadership in Somalia’s education sector

      Bringing everyone to the table: Supporting distributed leadership in Somalia’s education sector

      President Hassan Sheikh leads nation in marking Somali Teachers’ Day

      President Hassan Sheikh leads nation in marking Somali Teachers’ Day

      UK funded Chevening Scholarships now open for application

      UK funded Chevening Scholarships now open for application

      PM Roble flags off secondary school leaving exams for thousands of learners

      PM Roble flags off secondary school leaving exams for thousands of learners

      USAID announces $6.8M initiative to increase access to education in Somalia

      USAID announces $6.8M initiative to increase access to education in Somalia

    • Humanitarian Affairs
      Study: Somali people ‘highly traumatized’ after years of conflict

      Study: Somali people ‘highly traumatized’ after years of conflict

      World Food Program chief: Somali famine slowed, not avoided

      World Food Program chief: Somali famine slowed, not avoided

      World Bank provides 50 mln USD grant for drought response in Somalia

      World Bank provides 50 mln USD grant for drought response in Somalia

      Somalia’s food crisis is claiming young lives

      8th AFRIMA in Senegal partners UNFPA, seeks support to end humanitarian crisis in Somalia

      The 2011 famine signs on sight, UN in Somalia warns as it calls for scaled up response

      Aid agencies, UN clash over ‘famine threshold’ as hunger ravages Somalis

    • Diaspora Voices
      Saudi government donates food aid to thousands of families in Somalia

      Saudi government donates food aid to Somalia

      Mogadishu Port Remains Closed Over Tariff Dispute

      Former Somali lawmaker involved in Mogadishu twin explosions

      World expresses solidarity with Somalia after attack

      Somali soldiers allegedly tortured former MP

      Somali soldiers allegedly tortured former MP

      NUSOJ impasse deepens as ILO recognises Farouk as Secretary General

      NUSOJ impasse deepens as ILO recognises Farouk as Secretary General

    • Business
      Somalia to issue first new banknotes in more than three decades

      Somalia to issue first new banknotes in more than three decades

      Somalia ‘to lift’ Kenyan khat ban as ties improve

      Boost for Kenyan traders as miraa exports to Somalia more than double

      Ethiopia and Somalia sign air services agreement

      Ethiopia and Somalia sign air services agreement

      DP World inks deal with Puntland to upgrade Bosaso Port

      DP World inks deal with Puntland to upgrade Bosaso Port

      Somali government eyes $100m annually from telcos with new law

      Somalis to call across networks by January

    • Science & Tech
      Somalia meteorite: Joy as scientists find two new minerals

      Somalia meteorite: Joy as scientists find two new minerals

      Uganda successfully launches its first satellite into space

      Uganda successfully launches its first satellite into space

      Banaadir Hospital gets major upgrade from Chinese government

      Banaadir Hospital gets major upgrade from Chinese government

      Opinion: Could Somalia become the next Texas?

      PSA CONUNDRUM: Roble, Farmaajo were ‘supportive’, Coastline Exploration ‘perplexed’

      Controvery in Somalia as gov’t COVID-19 Twitter handle used to spread political messages

      Controvery in Somalia as gov’t COVID-19 Twitter handle used to spread political messages

    • Opinion
      Somalia- Analysis: Could this be Somalia’s best chance to defeat Al-Shabab

      Somalia- Analysis: Could this be Somalia’s best chance to defeat Al-Shabab

      Somalia set to attend this year’s Africa Oil Week

      The exploration of oil and gas in Somalia

      Climate change; a shared global concern

      Climate change; a shared global concern

      Somalia and the human rights debate in Central Asia

      Somalia and the human rights debate in Central Asia

      African nations demand climate change financing ahead of COP27

      African nations can’t ‘adapt’ to the climate crisis. Here’s what rich countries must do

      A deadly decade for Somalia’s journalists

      A deadly decade for Somalia’s journalists

      President Mohamud: There is no turning back. We must finish off Al-Shabaab

      President Mohamud: There is no turning back. We must finish off Al-Shabaab

      Left behind: Deeply broken Somalia

      Left behind: Deeply broken Somalia

      OP-ED: Terrorism has no nationality, ethnicity nor religion. FETO threatens humanity as a whole”

      OP-ED: Terrorism has no nationality, ethnicity nor religion. FETO threatens humanity as a whole”

      Trending Tags

      No Result
      View All Result
      Goobjoog News English
      No Result
      View All Result

      The exploration of oil and gas in Somalia

      Thursday November 24, 2022
      in National News, Opinion, OPINION
      A A
      Somalia set to attend this year’s Africa Oil Week
      Share on FacebookShare on Twitter

      Dr Ali Said Faqi

      We have known that Somalia is a country with a huge deposit of untapped oil and gas for years. But things got a bit serious after the Federal Government created a separate Ministry dealing with Petroleum and Mineral Resources. Finally, about a month ago Somalia signs oil production sharing with Coastline Exploration company. The US-based firm predicts production of 100,000 barrels a day if discoveries turn real. The decision to drill is essentially good for Somalia because it is the right trajectory to financial independence. The world community is funding eco-friendly projects with the intention of achieving a net zero carbon emission by 2050, which means the price of gas will drop significantly if this happens. So, the question is why don’t we exploit our God-given resources soon? Somalia remained and is still bankrupt as it continues to rely on foreign aid. This is why the country lacks major infrastructure investments which is the key to economic growth. Somalia must exploit its natural resources to generate revenue that will help build stronger security forces, create jobs for the youth, build a better educational system, provide basic healthcare to its citizens, and realize sustainable economic growth. Oil and gas production paves the path for financial independence.

      Despite bringing the necessary revenue required for the country’s budget, the lucrative oil business comes with the curse of corruption. In Africa, oil-related corruption is endemic; Nigeria and South Sudan are key examples of African countries with high corruption rates. In spite of the vast oil and gas production, South Sudan still lacks meaningful development and political stability.

      Effective management of public finance that has fiscal transparency and accountability is necessary to limit corruption.

      In the South Sudanese case, the oil companies are also blamed to have failed to adhere to the principles of the Petroleum Act 2012, Petroleum Revenue Management 2013, and Environmental Protection Regulations that were part of the oil deal exploration that they signed with the South Sudanese government. Somalia does not need to fall into the same trap as South Sudan. It must establish zero-tolerance rules to prevent and mitigate these failures.

      It is important to keep in mind that the environment gets polluted throughout all stages of oil and gas production, from exploratory activities to refining. Most countries sign oil deals without having environmental protection policies and regulations in place.  Environmental risks related to oil production are widely known. The importance of having Environmental Protection Agencies responsible for setting up rules and regulations to protect the environment is widely recognized. These institutions employ environmental lawyers and scientists from various fields. Their responsibility is to regulate environmental issues affecting air, water, and soil. The United Nations Environmental Protection (UNEP) agency has developed rules and regulations on managing the environment in the oil exploration and production field. Likewise, oil industries have immense experience in tackling environmental issues related to oil exploration and production. For offshore oil exploration and production, an oil spill is the biggest environmental risk to be prepared for. Unfortunately, even countries with strict environmental regulations like the USA have suffered environmental impacts associated with oil spills.  The deep-water horizon oil spill in the Gulf of Mexico in 2010 highlights the danger of oil exploration and transportation. This accident was considered to be the largest oil spill and the worst disaster in US history with over hundreds of thousands of barrels of crude oil leaking into the ocean. Environmental studies conducted in 2020, literally 10 years following the accident, still show that oil spill continues to harm marine animals, especially dolphins.

      Somalia’s environmental protection preparedness

      Environmental protection and risk management should be a major priority for both government and the oil company. The Somali federal government must steer the environmental policies in the country. The government’s responsibility is to develop and enforce regulations that can mitigate the environmental hazards associated with oil and gas production. Clear sets of environmental regulations and guidelines on environmental management must be established. Recruitment of environmental lawyers, ecologists, biologists, and scientists with risk assessment skills is the basis for setting up a department of environment and natural resources. The lower house of the federal parliament should draft and pass federal laws to protect human health and the environment. The environment is a cross-cutting issue and coordination across various government, private sectors, and other nonprofit organizations should be enhanced, keeping in mind that the environment is relevant to all the facets of development. Undertaking environmental protection awareness at the federal and state level is essential to spread the knowledge of the risk of environmental hazards. For an effective response, it is necessary to create an environmental emergency response unit that has all the necessary technical support and experts able to launch adequate responses in the event of a disaster. Finally, without putting environmental protection policies, laws, and enforcement in place, the environmental hazard associated with oil and gas exploration and production cannot be mitigated or prevented. The consequences of environmental hazards are immense. They range from polluting the environment, to adversely impacting the ecosystem and human health.

       

      Dr. Ali Said Faqi is a scientist, a seasoned diplomat (former Somali Ambassador to the European Union & Benelux and currently serves as an MP in the Federal Parliament of Somalia. You can find him on Twitter twitter.com/FaqiAlis

       

       

      ShareTweetPin
      Previous Post

      Somaliland president dismisses AG and Investment Minister days after opposition declares him illegitimate ruler

      Next Post

      Turkish air attacks on Syria threaten US personnel: Pentagon

      Related Posts

      President Farmaajo pledges transfer of airspace control from ICAO
      Featured

      Somalia regains full airspace control following upgrade to Class A

      January 26, 2023
      Bringing everyone to the table: Supporting distributed leadership in Somalia’s education sector
      Education

      Bringing everyone to the table: Supporting distributed leadership in Somalia’s education sector

      January 24, 2023
      Traffic police officer shot dead in Bakarah market, Mogadishu
      Banaadir

      Bombings hit areas near Mogadishu city HQs

      January 22, 2023
      Heavy fighting underway between local forces, Al-Shabaab in Hiran region
      Featured

      Heavy fighting underway between local forces, Al-Shabaab in Hiran region

      January 19, 2023
      Joint security operation kills nearly 50 Al-Shabaab fighters in Hawadley  
      Featured

      Joint security operation kills nearly 50 Al-Shabaab fighters in Hawadley  

      January 19, 2023
      SNA eliminates 21 Al-Shabaab fighters in Hawadley
      Featured

      Somalia to expand offensive against al-Shabab

      January 19, 2023
      Next Post
      Turkish air attacks on Syria threaten US personnel: Pentagon

      Turkish air attacks on Syria threaten US personnel: Pentagon

      Latest News

      • All
      • National News
      • Featured
      • featured
      • international News
      President Farmaajo pledges transfer of airspace control from ICAO

      Somalia regains full airspace control following upgrade to Class A

      January 26, 2023
      Bringing everyone to the table: Supporting distributed leadership in Somalia’s education sector

      Bringing everyone to the table: Supporting distributed leadership in Somalia’s education sector

      January 24, 2023
      Traffic police officer shot dead in Bakarah market, Mogadishu

      Bombings hit areas near Mogadishu city HQs

      January 22, 2023
      Heavy fighting underway between local forces, Al-Shabaab in Hiran region

      Heavy fighting underway between local forces, Al-Shabaab in Hiran region

      January 19, 2023
      Joint security operation kills nearly 50 Al-Shabaab fighters in Hawadley  

      Joint security operation kills nearly 50 Al-Shabaab fighters in Hawadley  

      January 19, 2023
      SNA eliminates 21 Al-Shabaab fighters in Hawadley

      Somalia to expand offensive against al-Shabab

      January 19, 2023
      Study: Somali people ‘highly traumatized’ after years of conflict

      Study: Somali people ‘highly traumatized’ after years of conflict

      January 19, 2023
      ATMIS congratulates SNA on liberation of strategic towns

      ATMIS congratulates SNA on liberation of strategic towns

      January 18, 2023
      Somalia to issue first new banknotes in more than three decades

      Somalia to issue first new banknotes in more than three decades

      January 18, 2023
      World Food Program chief: Somali famine slowed, not avoided

      World Food Program chief: Somali famine slowed, not avoided

      January 18, 2023
      Load More

      Goobjoog Archive

      Goobjoog News English

      GOOBJOOG MEDIA GROUP is an independent private media network in Somalia whose charter is driven by the quest for public service journalism. This is in realization of the overarching principle of fostering peace and economic development through media. With unparalleled access to news sources and locations across the country backed by a team of professional journalists.

      January 2023
      M T W T F S S
       1
      2345678
      9101112131415
      16171819202122
      23242526272829
      3031  
      « Dec    
      • About Us
      • Contact Us

      © Copyright 2021, All Rights Reserved

      No Result
      View All Result
      • Home
      • News
        • National
        • International
      • Security
      • Parliament
      • Education
      • Humanitarian Affairs
      • Diaspora Voices
      • Business
      • Science & Tech
      • Opinion

      © Copyright 2021, All Rights Reserved