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Nobleman
it wont even get that far, before any development in the field takes places tribes in the oil rich region will be put against neighboring tribes, and they will retaliate, starting another destructive war.
i agree Oil is nothing but bad news of a weak country, and what we have in our case is worse than a weak country, its a failed country
Bingo, you both got it spot on. If oil is found in somalia while there isn't any proper government and infrastructure, then it will lead to further corrupt ministers, violence, and not to mention being ripped by foreign oil companies like some of the other african countries. I would prefer to establish an economy based on industry and manufacture, communication and finance; as well as being agriculturally self-suffient. But to lay the foundations for a healthy economy you need proper infrastructure which costs money. Somalia has little to no skilled work-force (and that is if the somalis can even be bothered working) and few academics and graduates (the ones that aren't targetted for suicide bombings). Somalia can't be the livestock provider for the gulf countries forever.Nobleman
it wont even get that far, before any development in the field takes places tribes in the oil rich region will be put against neighboring tribes, and they will retaliate, starting another destructive war.
i agree Oil is nothing but bad news of a weak country, and what we have in our case is worse than a weak country, its a failed country
I agree bro.
Hypothetically speaking say Somalia had proven oil resources. Then in my opinion I wouldnt even explore the idea until Somalia had peace and stability for 20 years, plus a functioning agriculturual and manufacturing industry and also already have a trade surplus that will make Somalia self dependant without oil. But stuff like this probably wont happen in our life time, a generation of people with cuqdad need to die out before any institutions can even be set up.
Oil is the last thing we need.
Let them try and get it.Check out this oil company based in south africa who claim they have rights to oil in somaliland. Dont know if there is any truth in this though.
http://www.ophirenergy.com/Default.aspx ... age_id=230
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