Matches in SemOpenAlex for { <https://semopenalex.org/work/W3100593175> ?p ?o ?g. }
Showing items 1 to 69 of
69
with 100 items per page.
- W3100593175 abstract "The prospects around hydrocarbons (oil and gas) and future oil concessions have been accelerating in Somalia since 2012. The potential in this sector is already an important factor in political dynamics in the country, as seen for example in the ongoing maritime dispute with Kenya, as well as through the interests of several different countries and the involvement of a number of commercial actors. This memo argues that, while legislation and regulation, at least nominally, has been progressing in the last 3-4 years, it remains unfinished but now frames the operation of the political marketplace, with control over the Ministry of Petroleum and Somalia Petroleum Agency (SPA) constituting the key motivations of political elites and associated bargaining. Control of these ‘institutions’ enables access to informal flows of money as well as allows control over the allocation of sub-contracts, which are likely to come from the various grants and loans that will become available through the debt relief process. Control over contracts is a major issue in Somalia’s political economy and political marketplace. The memo highlights the underlying dynamics behind the regulatory developments and the push for – arguably premature – auctioning. It suggests that speculation is feeding the political marketplace in Somalia; speculation in future oil wealth (in the shortterm through foreign oil companies that are willing to pay access fees, rents and other inducements up front). In addition, speculation on the operational sub-contracts that exploration will generate (logistics, security, accommodation and hospitality). These drivers are elevated in the current pre-election period, where potential unconditional cash injections and the political trading around key positions – and the control or influence of contracts – in the emerging ‘institutions’ are important dynamics. The establishment of the federal government in Mogadishu, in 2012, has changed the organisation of this sector bringing it under a central authority where for years previously arrangements were made with regional authorities. In addition, past controversies associated with Soma Oil (Coastal Exploration) and TGS (Spectrum) still cast a shadow over the Somali petroleum sector and serve a useful purpose in highlighting the reputational risks of opaque engagement in this area and the need for proper regulation and oversight." @default.
- W3100593175 created "2020-11-23" @default.
- W3100593175 creator A5015215170 @default.
- W3100593175 date "2020-11-02" @default.
- W3100593175 modified "2023-09-26" @default.
- W3100593175 title "Oil and gas in the political marketplace in Somalia" @default.
- W3100593175 hasPublicationYear "2020" @default.
- W3100593175 type Work @default.
- W3100593175 sameAs 3100593175 @default.
- W3100593175 citedByCount "0" @default.
- W3100593175 crossrefType "posted-content" @default.
- W3100593175 hasAuthorship W3100593175A5015215170 @default.
- W3100593175 hasConcept C10138342 @default.
- W3100593175 hasConcept C106866004 @default.
- W3100593175 hasConcept C108170787 @default.
- W3100593175 hasConcept C120527767 @default.
- W3100593175 hasConcept C138921699 @default.
- W3100593175 hasConcept C144024400 @default.
- W3100593175 hasConcept C144133560 @default.
- W3100593175 hasConcept C162324750 @default.
- W3100593175 hasConcept C17744445 @default.
- W3100593175 hasConcept C199539241 @default.
- W3100593175 hasConcept C2777351106 @default.
- W3100593175 hasConcept C34447519 @default.
- W3100593175 hasConcept C36289849 @default.
- W3100593175 hasConcept C47941915 @default.
- W3100593175 hasConcept C94625758 @default.
- W3100593175 hasConceptScore W3100593175C10138342 @default.
- W3100593175 hasConceptScore W3100593175C106866004 @default.
- W3100593175 hasConceptScore W3100593175C108170787 @default.
- W3100593175 hasConceptScore W3100593175C120527767 @default.
- W3100593175 hasConceptScore W3100593175C138921699 @default.
- W3100593175 hasConceptScore W3100593175C144024400 @default.
- W3100593175 hasConceptScore W3100593175C144133560 @default.
- W3100593175 hasConceptScore W3100593175C162324750 @default.
- W3100593175 hasConceptScore W3100593175C17744445 @default.
- W3100593175 hasConceptScore W3100593175C199539241 @default.
- W3100593175 hasConceptScore W3100593175C2777351106 @default.
- W3100593175 hasConceptScore W3100593175C34447519 @default.
- W3100593175 hasConceptScore W3100593175C36289849 @default.
- W3100593175 hasConceptScore W3100593175C47941915 @default.
- W3100593175 hasConceptScore W3100593175C94625758 @default.
- W3100593175 hasLocation W31005931751 @default.
- W3100593175 hasOpenAccess W3100593175 @default.
- W3100593175 hasPrimaryLocation W31005931751 @default.
- W3100593175 hasRelatedWork W1483327574 @default.
- W3100593175 hasRelatedWork W1841003438 @default.
- W3100593175 hasRelatedWork W1951160347 @default.
- W3100593175 hasRelatedWork W2004689710 @default.
- W3100593175 hasRelatedWork W2047401996 @default.
- W3100593175 hasRelatedWork W2068129822 @default.
- W3100593175 hasRelatedWork W2105071218 @default.
- W3100593175 hasRelatedWork W2108699532 @default.
- W3100593175 hasRelatedWork W2494257332 @default.
- W3100593175 hasRelatedWork W2528770148 @default.
- W3100593175 hasRelatedWork W2954665402 @default.
- W3100593175 hasRelatedWork W3042671372 @default.
- W3100593175 hasRelatedWork W3124459143 @default.
- W3100593175 hasRelatedWork W3124828883 @default.
- W3100593175 hasRelatedWork W3143179830 @default.
- W3100593175 hasRelatedWork W3143712260 @default.
- W3100593175 hasRelatedWork W3147527225 @default.
- W3100593175 hasRelatedWork W3178065438 @default.
- W3100593175 hasRelatedWork W332983641 @default.
- W3100593175 hasRelatedWork W3123418682 @default.
- W3100593175 isParatext "false" @default.
- W3100593175 isRetracted "false" @default.
- W3100593175 magId "3100593175" @default.
- W3100593175 workType "article" @default.