Govt gives the green light to the oil deal with Coastline Explorations signed by Farmaajo minister Sheikhalow

[sahal80]

The hsm admin claims to make amendments to the agreement but doesn’t provide any details. Zero transparency. How much did they pocket for this?

The agreement is illegal with no signed agreements between fms and fgs on resources sharing. This pariah company is taking advantage of an incompetent government. Good luck to south Somalia, hsm will sell your resources the first bidder and the average person will not see a penny from it.

Don't worry PL is not part of this agreement blame the Tuug Farmaajo. it will be endorsed by the parliament maybe next session and they will approve it!.




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Great news for Somalia, if hsm pulls this off his might stay another few terms. Ustaad do you which nations/companies are in the running to drill? I hope Eurasian companies are given preference since the west is economically collapsing

not sure but probably American companies also Qatar Petroleum and abu Dhabi’s Mubadala eye oil opportunities in Somalia so there is a general policy to reward companies that have Arab stakes for political stability. If you want stability, stay with the Americans and the Arabs.

[original dervish]

Anglo Americans yes......Arabs no.
The Arabs have shown themselves to be against Somali interests so f... em!

I'm sick of Somalia playing 2nd and 3rd fiddle to these tin pot African and Arab states.

If we're gonna play the oil/gas game let's play with the big dawgs.