The process of economic dislocation preceded the onset of the civil war in 1991. Economic and social chaos resulting from IMF “economic medicine” had set the stage for the launching of a US sponsored “civil war”.
An entire country with a rich history of commerce and economic development, was transformed into a territory.
In a bitter irony, this open territory encompasses significant oil wealth. Four US oil giants had already positioned themselves prior to the onset of the Somali civil war in 1991:
Far beneath the surface of the tragic drama of Somalia, four major U.S. oil companies are quietly sitting on a prospective fortune in exclusive concessions to explore and exploit tens of millions of acres of the Somali countryside.
According to documents obtained by The Times, nearly two-thirds of Somalia was allocated to the American oil giants Conoco, Amoco, Chevron and Phillips in the final years before Somalia’s pro-U.S. President Mohamed Siad Barre was overthrown and the nation plunged into chaos in January, 1991.
Officially, the Administration and the State Department insist that the U.S. military mission in Somalia is strictly humanitarian. Oil industry spokesmen dismissed as “absurd” and “nonsense” allegations by aid experts, veteran East Africa analysts and several prominent Somalis that President Bush [Senior], a former Texas oilman, was moved to act in Somalia, at least in part, by the U.S. corporate oil stake.
But corporate and scientific documents disclosed that the American companies are well positioned to pursue Somalia’s most promising potential oil reserves the moment the nation is pacified. And the State Department and U.S. military officials acknowledge that one of those oil companies has done more than simply sit back and hope for peace.
Conoco Inc., the only major multinational corporation to maintain a functioning office in Mogadishu throughout the past two years of nationwide anarchy, has been directly involved in the U.S. government’s role in the U.N.-sponsored humanitarian military effort.( The Oil Factor in Somalia : Four American petroleum giants had agreements with the African nation before its civil war began. They could reap big rewards if peace is restored. – Los Angeles Times 1993)
http://www.globalresearch.ca/somalia-th ... mine/25725
Oil Companies destabilizing Somalia
Moderator: Moderators
- Guul13
- SomaliNet Heavyweight

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Re: Oil Companies destabilizing Somalia
This also explains why the new government is allowing global capitalists to buy up Mogadishu. Damal Jadiid= puppet party of Global capitalist forces.
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original dervish
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Re: Oil Companies destabilizing Somalia
Damal jadiid/Muslim brotherhood are an imperialist front group...no doubt about it.
If you examine what they`ve done in Egypt...basically hand the country over to IMF and austerity.
The sad truth in Somalia is that capitalist exploitation is probably an improvement on the present situation of famine/genocide.
If you examine what they`ve done in Egypt...basically hand the country over to IMF and austerity.
The sad truth in Somalia is that capitalist exploitation is probably an improvement on the present situation of famine/genocide.
- Talo alle udaa
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Re: Oil Companies destabilizing Somalia
This is nonsense. There is no oil company currently operating in Somalia. Guys stop with all this propaganda, it's killing the quality of this forum. We can diasagree with Culusow on Jubbaland Federal region, but don't make up things.
There is Damal Jadiid, but they have no power in Somalia. The government is weak, but it needs time to cement it's control.
Marka Culusow waa madaxweynihiina, show some respsect.
There is Damal Jadiid, but they have no power in Somalia. The government is weak, but it needs time to cement it's control.
Marka Culusow waa madaxweynihiina, show some respsect.
- Guul13
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Re: Oil Companies destabilizing Somalia
Talo alle udaa wrote:This is nonsense. There is no oil company currently operating in Somalia. Guys stop with all this propaganda, it's killing the quality of this forum. We can diasagree with Culusow on Jubbaland Federal region, but don't make up things.
There is Damal Jadiid, but they have no power in Somalia. The government is weak, but it needs time to cement it's control.
Marka Culusow waa madaxweynihiina, show some respsect.
Damal Jadiid is funded by shady capitalists who are based in Qatar, how do you think Culusow came to power out of nowhere?
And why is Culusow handing out government land to a wealthy American? Pay closer attention to what's going on in Mogadishu,because it's way beyond simple qabiil politics and will ultimately change the landscape of the entire country.
- Guul13
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Re: Oil Companies destabilizing Somalia
Former NATO General Wesley Clark in 2007: "It says we’re going to attack and destroy the governments in 7 countries in five years – we’re going to start with Iraq, and then we’re going to move to Syria, Lebanon, Libya, Somalia, Sudan and Iran.”
Dear Zoomalis, these countries have/had several things in common, rich in natural resources, highly important geopolitical regions AND they're not/were not
members of the International Banking System. That's why they got rid of Gaddafi, and now they're moving onto Somalia. Surgical Neo-Colonialism is Somalia's future and it's already started in Mogadishu.
Meet Michael Stock, Mogadishu's upcoming landlord:
Dear Zoomalis, these countries have/had several things in common, rich in natural resources, highly important geopolitical regions AND they're not/were not
members of the International Banking System. That's why they got rid of Gaddafi, and now they're moving onto Somalia. Surgical Neo-Colonialism is Somalia's future and it's already started in Mogadishu.
Meet Michael Stock, Mogadishu's upcoming landlord:
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