Turkiye to drill for oil off Somali coast next year.

Turkiye and Somalia signed an offshore oil and natural gas cooperation deal last month, further strengthening ties after agreeing a defence deal this year.

According to the Turkish Ministry of Foreign Affairs, bilateral trade volume with Somalia reached $187.3 million in 2018 and $250.85 million in 2019.

The total value of Turkish investments in Somalia has reached $100 million, while Mogadishu International Airport and Mogadishu Sea Port are both run by Turkish companies in Somalia.

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