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AbdiWahab252
- SomaliNet Super
- Posts: 56703
- Joined: Mon Jul 14, 2003 7:00 pm
- Location: Unity. Strength. Capital.
Postby AbdiWahab252 » Fri Feb 08, 2008 9:47 pm
Puntland got sold for 50 million dollars only.
What a rip off !
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Adan*5
- SomaliNetizen
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- Location: Geeska Afrika
Postby Adan*5 » Fri Feb 08, 2008 9:49 pm
It seems the Western Range Resource is going to loosethe battle against Abdullihai Yusufs and Zenawis deal with the powerfull Chinese backers
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neocon_2007
- SomaliNet Super
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Postby neocon_2007 » Fri Feb 08, 2008 9:50 pm
Yeah but then again didnt Yusuf back this deal?
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Adan*5
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Postby Adan*5 » Fri Feb 08, 2008 9:52 pm
Yes but he is made to prefer the chinese one which is more lucrative than the tiny Range resource
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Atomic
- Posts: 182
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- Location: Kismayo, Puntland, Somalia
Postby Atomic » Fri Feb 08, 2008 10:11 pm
The chineese deal is for north mudug, the range resource have sold the rights to the basins to africaoil corp(
http://www.africaoilcorp.com/s/Home.asp) and they are drilling in bari and nugaal. If and when oil is found, more than likely there will be revenue sharing between puntland and the company.
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