Somalia Petroleum Law - SomaliTalk.com

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Framework of a Petroleum RegimeConstitutionLegislativePetroleum LawMinisterial/RegulatoryPetroleum RegulationsMinisterial/RegulatoryHost Government Contracts
Somalia Petroleum Policy: The Charter• Somalia's Petroleum Policy must work within thecontext of its Charter and the constitution that willfollow it• The Somali Transitional Charter includes thefollowing provisions relating to natural resources:• PREAMBLE: the Somali Republic is a sovereign nation,determined to foster reconciliation, national unity and goodgovernance• ARTICLE 67, NATURAL RESOURCES AND THEENVIRONMENT: 1. The natural resources of the countrysuch as the minerals, water, flora and fauna shall be publicproperty and a law shall be enacted which defines themanner of exploitation for the common good; 2. The TFGshall give priority to the protection, conservation andpreservation of the environment
Page 3: Somali Petroleum Law Team and Advis
Page 6 and 7: Somalia Petroleum Policy and Petrol
Page 10 and 11: Somalia Petroleum Policy: The Chart
Page 12 and 13: Somalia Petroleum Policy: Context
Page 14 and 15: Somalia Petroleum Policy: Context
Page 16 and 17: Somalia Petroleum Policy: Principle
Page 22 and 23: Somalia Petroleum Policy: Consequen
Page 24 and 25: Usage of Host Government Contract T
Page 30 and 31: Somalia Petroleum Policy: Additiona
Page 32 and 33: Somalia Petroleum Policy: Eleven Pr
Page 34 and 35: Agenda• Introduction of Somali Pe
Page 36 and 37: Draft Petroleum Law of Somalia• t
Page 42 and 43: Suggested Timetable re Petroleum La
Page 46 and 47: Draft Production Sharing Agreement
Page 50 and 51: Financial Features of PSA• AFTER
Page 52 and 53: Summary : Profit Oil Distribution i
Page 54 and 55: Financial Features of PSA• Draft
Page 58 and 59:
Agenda• Introduction of Somali Pe
Page 60 and 61:
Issues for Discussion with States
Page 62 and 63:
Page 64 and 65:
Consequences of Puntland Contract o
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Page 68 and 69:
Conclusion• The Petroleum Law of
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