within the next “20 to 30 days”. Abdulkadir Abdi Hashi, minister for international cooperation in Puntland, north-east Somalia – where the first oil is expected to be extracted next month – said: "We have spoken to a number of UK officials, some have offered to help us with the future management of oil revenues. They will help us build our capacity to maximise future earnings from the oil industry."
Britain is not the only country looking to develop Somalia’s vast natural resources. Last month oil exploration began in Puntland by the Canadian company Africa Oil, the first drilling in Somalia for 21 years. Hashi, who sealed the Africa Oil deal, said the first oil was expected to be extracted within the next “20 to 30 days”.
The company estimates there could be up to 4bn barrels (about $500bn worth at today’s prices) in its two drilling plots.
https://www.guardian.co.uk/world/2012/feb/25/britain-oil-dash-somalia