Somaliland Discovers Large Crude OIL Deposits. War could break out over it

In 2020, the Norwegian seismic survey company, TGS, estimated that the Somali basin as a whole likely holds offshore reserves of about 30 billion barrels, with additional onshore reserves, although land estimates are considerably less consistent.

Assessments generally include Somaliland and would place Somalia reserves at about the same level as Kazakhstan, which would give the area the 18th or 19th largest reserve globally, as assessed in 2016.


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