Mogadishu–Somalia’s parliament on Monday passed the petroleum law with overwhelming majority.
The parliament members were debating on law for the past couple of weeks and the current Farmajo led government was striving to see the ratification of the law by the lawmakers. 154 legislators were in attendance and showed the support of law by show of hand. 150 lawmakers have voted in favor of passing the law whilst 4 MPs have voted against the bill and there was no one who has abstained.
The petroleum bill was the controversial issue among the SFG and regional states in the Garowe consultative meeting where number of regional leaders have walked out and the gathering ended with no deal. The current Somalia PM, Hassan Ali Khaire and his cabinet ministers did all they could to see the parliament endorsement of the petroleum bill. Somalia recently held an auction in London selling its major oil reserve to int’l firms.