Resources robbed: Somali oil&gas concluded in London

[hydrogen]

As Somalia Oil and Gas Summit was concluded in London, Minister of Finance and Planning of the federal government of Somalia Mohamud Hassan Suleiman, told investors that Somalia is investment-friendly and must "seize the opportunity" to encourage foreign investment.

Speaking today at the international Somalia Oil and Gas Summit in London, the Minister of Finance and Planning, said:

"We are working to improve the investment climate having recently revised the Investment Law to ensure that Somalia is investment-friendly. Foreign investors see the huge steps that Somalia has taken and are keen to invest.

"International investors and multi-national corporations are turning their attention to Somalia and we must now seize the opportunity and work with them.

"The discovery of oil and gas in Somalia opens up an array of hope and opportunities for the new Somalia; enabling it to influence the pace of economic recovery and the future stability of the country.

"The potential for oil and gas to drive Somali people out of the poverty they are in, and positively contribute to the well-being of the war affected communities, will only be realized if they are fully integrated into the Somali Compact just signed in Brussels.

Such a move would link this important industry with other productive and service sectors of the economy and becomes a catalyst for rapid economic growth and sustainable development in the country.

"It is important that Somalia gets a fair share of the profit which in turn contributes to economic growth of the new Somalia and improves the livelihoods of our war affected people."

Why isn't Somalia getting *all* the profit? Lol, robbed.

[InoCabdi]

fair share = 1%

[original dervish]

I have my reservations, but am supportive of this policy.

[kambuli]

I hope they don't sign the whole country off....There are Somali businessmen who could invest like Dahabshiil,Hormuud etc let them do the investment...

I know they can't compete these multi-billion companies but still I would give everything to Dahabshill and Hormuud..

"Intii Baaniyaal cuni lahaa, Cali Ha bindheysto"

[B-MAX]

I hope they don't sign the whole country off....There are Somali businessmen who could invest like Dahabshiil,Hormuud etc let them do the investment...

I know they can't compete these multi-billion companies but still I would give everything to Dahabshill and Hormuud..

"Intii Baaniyaal cuni lahaa, Cali Ha bindheysto"

Kambuli

[Bermooda]

I have my reservations, but am supportive of this policy.

Has your miracle blessing anything to do with Mogadishu saying Hargeisa contracts are invalid

[original dervish]

This is bigger than Hargeisa or any other regional capital.
We can`t have half a dozen salesmen trying to sell the same carpet.

[Bermooda]

Still not convinced O.D but i welcome your support

[LiquidHYDROGEN]

Let them swindle you walaweyns out of your natural resources, but don't include us.

[hydrogen]

Let them swindle you walaweyns out of your natural resources, but don't include us.

Traumatised are you? Take a seat before you read on.............................The government of the rt. honourable Hassan Sheikh has rendered any contract or deal signed by the self-declared Somaliland as invalid and illegal.

[saacJabshee]

Let them swindle you walaweyns out of your natural resources, but don't include us.

Traumatised are you? Take a seat before you read on.............................The government of the rt. honourable Hassan Sheikh has rendered any contract or deal signed by the self-declared Somaliland as invalid and illegal.

When is Hassan going to get houses currently forcefully occupied back to the rightful owners? try answer without swearing

[hydrogen]

Let them swindle you walaweyns out of your natural resources, but don't include us.

Traumatised are you? Take a seat before you read on.............................The government of the rt. honourable Hassan Sheikh has rendered any contract or deal signed by the self-declared Somaliland as invalid and illegal.

When is Hassan going to get houses currently forcefully occupied back to the rightful owners? try answer without swearing

I don't work for him so how would I know? Anyway, you can come stay at my place

[Bermooda]

This Gambela looking flag is nothing but a comatic dream and the true flag for that region will always be so were in it together

SaacJab the people took back the land the Kacaan took from them so never

[saacJabshee]

So the government is correcting previous mistakes with new mistakes?

[LiquidHYDROGEN]

Let them swindle you walaweyns out of your natural resources, but don't include us.

Traumatised are you? Take a seat before you read on.............................The government of the rt. honourable Hassan Sheikh has rendered any contract or deal signed by the self-declared Somaliland as invalid and illegal.

Why would I be traumatised? I can go back home anytime I want. My President is guarded by the finest of his kinsmen not bantus. He can walk around the country freely. He has an army to back the sovereignty of the nation and protect it's resources. He was elected his people, not chosen by corrupt politicians and outside forces. He visits foreign rulers and dignitaries to promote SL and establish trade links not beg for loose change and for his country to be invaded by anyone and everyone. So I ask, why would he I be traumatised?