NAIROBI/UNITED NATIONS, Oct 24 (Reuters) – Somalia said it
was reviewing several oil and gas deals that U.N. investigators
say lack transparency and risk hindering development of the
country’s energy industry.
Energy firms are cautiously eyeing Somalia’s long coastline,
an untapped frontier on the east African seaboard that has
become an exploration hot spot after big gas finds in Mozambique
and Tanzania. Somalia’s southern neighbour Kenya has found oil.