The Republic of Somaliland has not yet issued a separate Oil or Petroleum Law, and the Mining Code & Regulations general provisions and those provisions relating to “hydrocarbons” govern the prospecting and mining of oil/petroleum.
What? No Petroleum legislation - LOL, That's why they called it "proposed".
BTW, they can't even recognize previously issued concessions by Somaliland: Read Below.
The Republic of Somaliland has developed its own policies with regard to pre 1991 exploration concessions in the territory of Somaliland, which have been relinquished by the relevant companies. There is no clear information, so far, about exploration concessions entered into by the Somaliland, but there are have been reports of concessions in respect of Blocks 35, M10A, 32 and 26
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