Genel Oil’s oil operations in East-African region declared illegal by Somalia


https://www.worldoil.com/news/2022/12/28/genel-oil-s-oil-operations-in-east-african-region-declared-illegal-by-somalia/

Anyone have any stocks with Genel Energy plc?

Basically Somaliland is working autonomous against the central government and has been dealing with the UK. However 28 Dec the central government declared all drilling rights are illegal in Somaliland.

Would this help or hurt Genel?


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *