Somalia+PNGSM

=Chinese Investors Are Unlikely To Invest In Somali PNGSM Over The Next Five Years Because Of Lack Of Natural Resources And Conflict=

Executive Summary:
Despite Somalia's constant insistence for foreign investment, Chinese investors are unlikely to get involved in Somalia because of its current lack of PNGSM as well as the conflict in the country. During the 7 October Somalia Oil and Gas Summit in London, Somali Minister of Finance and Planning Mohamud Hassan Suleiman encouraged foreign investors to “seize the opportunity” to invest in Somalia’s flat-lined energy sector. Suleiman added that the Somali government recently revised the country’s Investment Law to make Somalia “investment friendly."Somalia believes exploration projects and investments in Somalia and offshore for PNGSM will be fruitful because of recent discoveries of natural resources in Eastern Africa.

**Analytic Confidence: **
Analytic confidence for this assessment is moderate. Source reliability is medium. There is no conflict between sources. The analyst had low expertise, worked alone but collaborated with a team, and did not use structured analytic methods. The subject is moderately complex and the deadline was moderately difficult to meet.


 * Analyst**: David Bott