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What do you mean? I have'nt seen anything whatsoever that suggests somalia has any oil. Minerals perhaps, but not oil, unless you have info that suggests otherwise?Everything suggests there is oil and natural gas in Somalia.
The political situation iin somalia has no connection with it having any oil. I'm not talking about government investigations, I'm talking about foreign estimates.There is Oil in Somalia. I don't think any foreign group is willing to fully invest in a country without a central government, hence why no announcement of major reserves
Waxaas ayaan aniguna ka baqaneyaa.Stupid Somalis missed the oil boom,
The next decade will all be about renewables
I meant if there is ever peace in somalia. Obviously if oil was ever found in somalia, it would just be another nigeria or even worse.Finding oil in Somalia will just complicate things, instead of fighting over grazing land and water wells, oil will be the new thing to fight over.
I have a feeling there isn't gonna be any oil to be found. I think all the oil in that region is in the arabian peninsula. There is no oil in eritrea or ethiopia (except tiny amount in ogaden).There are no PROVEN oil reserves in Somalia, in other words there may be oodles of it, there may be none, and the only way to find out which is to do oil exploration.
I have a feeling there isn't gonna be any oil to be found. I think all the oil in that region is in the arabian peninsula. There is no oil in eritrea or ethiopia (except tiny amount in ogaden).There are no PROVEN oil reserves in Somalia, in other words there may be oodles of it, there may be none, and the only way to find out which is to do oil exploration.
Well, if there is or if there isn't, we need a strong stable government either way. Since we seem to be signing away our "off-shore reserves" because of the greed and short-sightedness of these petty TFG "ministers".trust me i know this kind of stuff, and i can assure you guys that Somalia both has oil and it can benefit more than the yesteryears.
oil is becoming a rare commodity, and this will encourage competition and higher bits, better income
I don't mean any guess work, I'm talking about any strong possibility whether somalia has oil potential (and I mean huge oil potential e.g. UAE, not like gypsy yemen) or not backed up by serious and credible research. However, I know that with somalias current predicament, no-one will bother for now. I just wanted to know if there was any technology that can give an estimate without actually having to drill anything?
Somalia has been moving around quite alot the last couple of millions of years
Theres definitely a lot of oil there, especially in Puntland and other eastern regions, but honestly it is waaaay to late for them to make any real money out of it.
They should have started in the 1980's
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