oil in somalia as much at that of the whole middle east!!!

[Monk-of-Mogadishu]

Iraq Alone has 1.7 trillion Barrel of oil Proven Reserve

WTF is this shit.

Iraq has 170 billion barrels, and of that figure only 90 billion is still recoverable.

[AhmedBoqor]

Hmm I doubt It.... Iraq Alone has 1.7 trillion Barrel of oil Proven Reserve, add the whole middle east then you start to get the idea of where im coming from.

The whole world put together doesn't have that much oil reserves.



http://www.opec.org/opec_web/en/data_graphs/330.htm

[Monk-of-Mogadishu]

^ Ironic that OPEC's own data from their site is wrong lol. They underestimated Angola by a lot, while overestimating Qatar and Ecuador, and grossly overestimating Venezuela which doesn't even reach Kuwait's level of reserves.

[AhmedBoqor]

^ Ironic that OPEC's own data from their site is wrong lol. They underestimated Angola by a lot, while overestimating Qatar and Ecuador, and grossly overestimating Venezuela which doesn't even reach Kuwait's level of reserves.

Yeah Venezuela caught me by surprise, I totally expected the Saudis to conquer this list. Some place the Qatar figures as low as 15 billion but I think with a country that size it makes no difference, they ball on a daily basis might as well overrate their reserves.

[waryaa]

guys, somalia is full of oil. That well you saw on the news was not Puntland's first or second choice. It was drilled ONLY because the local inhabitants are pro plan gov and won't sabotage the operation. The first well was eastern Puntland and locals welcomed the mission with RPG, etc. Adde Muse got fed up with easterners and said I'll drill my backyard. That's how Dharor came to the picture.

[damu]

guys, somalia is full of oil. That well you saw on the news was not Puntland's first or second choice. It was drilled ONLY because the local inhabitants are pro plan gov and won't sabotage the operation. The first well was eastern Puntland and locals welcomed the mission with RPG, etc. Adde Muse got fed up with easterners and said I'll drill my backyard. That's how Dharor came to the picture.

there was no plans to drill for oil in eastern PL at all i don't know where you get that from!
the exploration in madiyaan & ceelanyo areas were for metals not oil & the places expolored for oil were the dharoor valley with ufeyn as first choice & the nugaal valley with where first area that was explored is just outside of Garowe!!

[waryaa]

Damu, to my knowledge exploration activities focused on far east and Dharor came to the picture at a later point. You can google pland/range resources 2005/2006/2007

For the hostile locals (warsangeli tribe), somaliland and TFG's opposition you can read this three-page 2006 news article or get more from google..

Range Resources is something else! They went in against all odds and ignored western governments' warnings and volatile atmosphere on the ground! They are smart too - they command 50+1 of the project and have exclusive rights to explore pland.

http://www.smh.com.au/news/business/no- ... tml?page=3

[damu]

Damu, to my knowledge exploration activities focused on far east and Dharor came to the picture at a later point. You can google pland/range resources 2005/2006/2007

For the hostile locals (warsangeli tribe), somaliland and TFG's opposition you can read this three-page 2006 news article or get more from google..

i was working in PL at the time and working for the administration so i know what i'm talking about!!
the explorations in western Bari had nothing to do with oil but had to do with minerals the first oil exploration took place in Ufeyn & Garowe districts. the incidents in majiyaan between the admin and the warsangeli locals due to their refusal exploration was centered mainly around majiyaan and ceelanyo districts which are rich in minerals such as silver gold and what have you but not oil!

[eyes-only]

I think Somalia has more proven uranium reserves than oil but it is a well know fact that Somalia is rich in natural resources. I just hope the resources will still be of high value by the time we get our acts together which will probably be in many decades or centuries...

[CismanMaxamud1]

Puntlanders are petroleum pioneers...we got the whole country excited for oil

[waryaa]

damu, I know a lot of ppl believe otherwise lakin since u were there and you know what you are talking about, just discount my initial comment as unsubstantiated word of mouth. tnx for the correction

[MidriGeez]

Iraq Alone has 1.7 trillion Barrel of oil Proven Reserve

WTF is this shit.

Iraq has 170 billion barrels, and of that figure only 90 billion is still recoverable.

200 bIllion Easy to get.

Over 2 Trillion Barrels Hard to get.

Iraq Deposit of Oil reserve is enough to Fuel the whole world For 500-1000 Years alone. Do you think america went there for 90 billion barrels?? the spent more Than that already on the war. Guinea in west africa has 1/4 of what iraq got if we go by your Figure.

[MidriGeez]

Hmm I doubt It.... Iraq Alone has 1.7 trillion Barrel of oil Proven Reserve, add the whole middle east then you start to get the idea of where im coming from.

The whole world put together doesn't have that much oil reserves.



http://www.opec.org/opec_web/en/data_graphs/330.htm

Yet according to this THREAD somalia has a Reserve of 100-200 Billion Barrels??? If that's the case Every country in this world would have an army Fighting Al-shabab IN somalia, Kenyans and ethiopians would would be relegated to making them coffee's and washing their Underwears (and Supplying Sharmuta's).

[DisplacedDiraac]

Oil value $1.9 Trillion alone in the two fields
[youtube]-HTzlH7EGE8&feature=player_embedded#![/youtube]

[AhmedBoqor]

Yet according to this THREAD somalia has a Reserve of 100-200 Billion Barrels??? If that's the case Every country in this world would have an army Fighting Al-shabab IN somalia, Kenyans and ethiopians would would be relegated to making them coffee's and washing their Underwears (and Supplying Sharmuta's).

Where in this thread does it say that?!