Somalia Business: Oil and Mining

Somalia Business: Oil and Mining Last updated on Sunday 25th April 2010

Although traces of natural gas and petroleum have been found, no commercial exploitation has been carried out. Even the deposits of some radioactive ores and minerals such as iron, manganese and gypsum, although known to exist, are not extensive enough to be commercially viable.

As you like 'Somalia Business: Oil and Mining' you may also like following articles . . .

Natural Resources in Somalia

There are not many natural resources in Somalia. The grasslands are suitable for grazing livestock. Some crops are grown on the fertile land in the Juba and Shebeli valleys -- about 15% of...

Mauritania Business: Mining

There are huge mineral deposits in Mauritania, including copper, phosphates and perhaps even oil. There has even been evidence of deposits of uranium and tungsten.Production of iron ore,...

King Fahd University of Petroleum & Minerals (KFUPM)

King Fahd University of Petroleum & Minerals (KFUPM) was officially established by Royal Decree on 5 Jumada I, 1383 H. (23 September 1963). The first students were admitted a year later...

Minerals in Djibouti

Djibouti has limited deposits of iron ore, copper and gypsum, which are not at present exploited. On the other hand, there are considerable geothermal resources which are being developed.

Industry in Sudan

The Sudan is a potentially wealthy country, with rich reserves of oil and minerals. Yet these reserves are barely exploited, with industry contributing as little as 4% to the total national...

Natural resources of Egypt

Egypt's most valuable mineral resource is oil, although the country also has gold deposits as well as iron ore, manganese, phosphates and uranium.

Natural Resources in Iraq

The natural resources of Iraq are primarily mineral; the country is well rich with petroleum and natural gas. It has also large quantities of water, supplied by the Tigris and Euphrates...