Somalia´s TFG govt ready to fight for oil finds

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Somalia´s TFG govt ready to fight for oil finds

Post by Khalid Ali »

somali gov't ready to fight for oil finds.

MOGADISHU — Somalia’s embattled central government will not argue with semi-autonomous Puntland over potential oil revenues for fear of scuttling a fragile peace process, but a top official said on Monday the law made clear control lay with Mogadishu.

Canadian firm Horn Petroleum, majority-owned by Vancouver-listed Africa Oil Corp., and its exploration partners started drilling in March in Puntland’s Dharoor Block but have yet to announce any proven reserves.

Africa Oil and joint venture partners Range Resource Ltd. (RRS.AX) and Lion Energy entered into production-sharing agreements for the Dharoor Valley Exploration Area and the Nugaal Valley Exploration Area directly with Puntland, bypassing Mogadishu which is grappling with an Islamist insurgency.

“Our policy is to let the oil come first rather than now going to Puntland and making our point,” Deputy Minister of Energy Abdullahi Dool told Reuters.

“Because of the situation between different regions, we don’t want to push anyone to the wall. We don’t want to make too many Somaliland situations where regions want to break away,” he said in an interview.

Dool was referring to the northern breakaway enclave which declared independence in 1991 but is not internationally recognized.

“First of all let there be oil. You can’t fight when everything is underground,” said the minister, whose portfolio also includes water, petroleum and mineral resources.

Somalia’s interim federal government is tasked with adopting a new constitution by August, aimed in part at redefining the relationship between Mogadishu and the regions and ending a two-decade cycle of violence.

The Western-backed government has been fighting al Shabaab militants who still control large swathes of the country and want to impose Sharia law.

Puntland has objected to the first draft of the constitution, saying it left too much power with Mogadishu.

WHO GETS WHAT?

Dool said the country’s petroleum law made clear the government should dictate license agreements with foreign investors, while ensuring the regions get a cut.

“It has very clear guidelines on the rules on who gets what and what will be the way to resolve (disputes) between central government and (the) regions,” he said.

“The petroleum law makes it very clear it is the central government who has absolute control but there is a role for … local government or regions.”

Muddying the waters further is the fact that Italian oil explorer Eni may still have legal rights to the Dharoor block.

Eni was issued a licence by the Somali government in the 1980s to explore Dharoor. It claimed force majeure as the country plunged into chaos, with warlords and then Islamist militants filling the power vacuum.

“We abide by every international agreement the governments before us have committed to,” said Dool.

Dool said the Somali government had not approached the Italian oil giant on the issue as “our first priority is to pacify the country”.
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Re: Somalia´s TFG govt ready to fight for oil finds

Post by CismanMaxamud1 »

its already been posted.
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Re: Somalia´s TFG govt ready to fight for oil finds

Post by Amilla »

Stop recycling old news :arrow:



:roll:
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Re: Somalia´s TFG govt ready to fight for oil finds

Post by Khalid Ali »

Sorry guys if it was posted before raali ahaada :lol: :lol:
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Re: Somalia´s TFG govt ready to fight for oil finds

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Re: Somalia´s TFG govt ready to fight for oil finds

Post by abgaalKING »

source?
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Re: Somalia´s TFG govt ready to fight for oil finds

Post by tightrope »

abgaalKING wrote:source?
REUTERS
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Re: Somalia´s TFG govt ready to fight for oil finds

Post by FBISOMALIA »

khalid ali wrote:Sorry guys if it was posted before raali ahaada :lol: :lol:
even you reply in that topic :lol: :lol: :lol:
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Re: Somalia´s TFG govt ready to fight for oil finds

Post by D-Runner »

The TFG invested not one single penny toward PL's oil drilling... no scratch that, they've been nothing but headache in that regard. PL natural resources are not up for debate.

PL constitution: Article 48:
NATURAL RESOURCES

1. Puntland natural resources belong to Puntland people and can be exploited in conformity
with the Law.

2. The Puntland State is responsible for the protection and exploitations of the natural
resources.

3. The Puntland State may make agreements with national or foreign companies and give
them the exploitation of natural resources

4. The concession shall be approved by the House of Representatives ( of Puntland) and can not last for
more that twenty-five (25) years.
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Re: Somalia´s TFG govt ready to fight for oil finds

Post by quark »

D-Runner wrote:The TFG invested not one single penny toward PL's oil drilling... no scratch that, they've been nothing but headache in that regard. PL natural resources are not up for debate.

PL constitution: Article 48:
NATURAL RESOURCES

1. Puntland natural resources belong to Puntland people and can be exploited in conformity
with the Law.

2. The Puntland State is responsible for the protection and exploitations of the natural
resources.

3. The Puntland State may make agreements with national or foreign companies and give
them the exploitation of natural resources

4. The concession shall be approved by the House of Representatives ( of Puntland) and can not last for
more that twenty-five (25) years.
:up:
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Re: Somalia´s TFG govt ready to fight for oil finds

Post by Oxidant »

Give some Habar Gidir fighters couple AKs, technials and a few child soldiers and they will capture the Puntland oil fields within weeks, :up:

Honestly, if Al Shabab wanted too and put its mind and resources into it, it could probably capture the whole Puntland
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Re: Somalia´s TFG govt ready to fight for oil finds

Post by tightrope »

D-Runner wrote:The TFG invested not one single penny toward PL's oil drilling... no scratch that, they've been nothing but headache in that regard. PL natural resources are not up for debate.

PL constitution: Article 48:
NATURAL RESOURCES

1. Puntland natural resources belong to Puntland people and can be exploited in conformity
with the Law.

2. The Puntland State is responsible for the protection and exploitations of the natural
resources.

3. The Puntland State may make agreements with national or foreign companies and give
them the exploitation of natural resources

4. The concession shall be approved by the House of Representatives ( of Puntland) and can not last for
more that twenty-five (25) years.
THE TUUG-FG WAS GIVEN $400 MILLION DOLLARS OF INTERNATIONAL AID/DONATIONS.
THAT MONEY COULD HAVE BEEN USED TO FUND THE OIL DRILLING. ALMOST OF THE MONEY WENT INTO THE POCKETS OF SOUTHIE WARLORD 'POLITICIANS' :down:
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Re: Somalia´s TFG govt ready to fight for oil finds

Post by InternationalLove »

Oxidant wrote:Give some Habar Gidir fighters couple AKs, technials and a few child soldiers and they will capture the Puntland oil fields within weeks, :up:

Honestly, if Al Shabab wanted too and put its mind and resources into it, it could probably capture the whole Puntland
Puntland's territory hasn't changed since before the time of the Sultanates, the only lands in Somalia to stay the same, one of the few to stay the same throughout the Somali peninsula, most of the Puntland Dervish Force were Somali elites forces based in Baidoa and elsewhere, don't put Puntland in the league with the rest of you lot.
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Re: Somalia´s TFG govt ready to fight for oil finds

Post by InternationalLove »

tightrope wrote:
D-Runner wrote:The TFG invested not one single penny toward PL's oil drilling... no scratch that, they've been nothing but headache in that regard. PL natural resources are not up for debate.

PL constitution: Article 48:
NATURAL RESOURCES

1. Puntland natural resources belong to Puntland people and can be exploited in conformity
with the Law.

2. The Puntland State is responsible for the protection and exploitations of the natural
resources.

3. The Puntland State may make agreements with national or foreign companies and give
them the exploitation of natural resources

4. The concession shall be approved by the House of Representatives ( of Puntland) and can not last for
more that twenty-five (25) years.
THE TUUG-FG WAS GIVEN $400 MILLION DOLLARS OF INTERNATIONAL AID/DONATIONS.
THAT MONEY COULD HAVE BEEN USED TO FUND THE OIL DRILLING. ALMOST OF THE MONEY WENT INTO THE POCKETS OF SOUTHIE WARLORD 'POLITICIANS' :down:
No, just Turkey, Turkey gave them $400 million, so forget about the rest. $33 billion has been spend on Mogadishu while $22 billion on piracy, nothing good has come out of it. And now piracy is leaving Puntland and taking to south Somalia.

http://www.americanprogress.org/issues/ ... malia.html

96% of aid has been stolen by the TFG in 2009 and 2010, according to audits in 2011,
A 2011 report by the Center for American Progress, Twenty Years of Collapse and Counting, said that, according to a confidential audit of the TFG, "in 2009 and 2010 some 96 percent of direct bilateral assistance to the government had simply disappeared, presumably into the pockets of corrupt officials."


http://www.irinnews.org/Report/95480/SO ... -on-the-up
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Re: Somalia´s TFG govt ready to fight for oil finds

Post by tightrope »

InternationalLove wrote:
No, just Turkey, Turkey gave them $400 million, so forget about the rest. $33 billion has been spend on Mogadishu while $22 billion on piracy, nothing good has come out of it. And now piracy is leaving Puntland and taking to south Somalia.

http://www.americanprogress.org/issues/ ... malia.html

96% of aid has been stolen by the TFG in 2009 and 2010, according to audits in 2011,
A 2011 report by the Center for American Progress, Twenty Years of Collapse and Counting, said that, according to a confidential audit of the TFG, "in 2009 and 2010 some 96 percent of direct bilateral assistance to the government had simply disappeared, presumably into the pockets of corrupt officials."


http://www.irinnews.org/Report/95480/SO ... -on-the-up
COT DAMN :shock:
AND THESE SOUTHIES EXPECT PUNTLAND TO GIVE THEM CONTROL OF OUR RESOURCES? :down:
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