FTL Somalia

Bayraktar Lists Turkey’s Planned Investments in Somalia

The Turkish Minister of Energy and Natural Resources, Alparslan Bayraktar, arrived in Mogadishu to attend the welcoming ceremony for Türkiye’s seismic exploration vessel, Oruç Reis.

Bayraktar emphasized that Türkiye’s commitment to Somalia goes beyond oil and natural gas exploration, extending to investments in mining and electricity.

This expanded focus is expected to support Somalia’s energy infrastructure development and its broader economic stability.

The Oruç Reis vessel, known for its advanced seismic exploration capabilities, will be crucial in assessing Somalia’s energy potential.