Beijing to Roll Out The Red Carpet for Silanyo

Coeus · Post by **Coeus** » Tue Dec 28, 2010 4:46 pm

CNOOC is traying to win oil concessions directly from Somaliland after initially negotiating with Somalia’s central government. Which has no say in the breakaway region.

Somaliland president Ahmed Mahamed Silanyo is due to fly to China early in the new year in the wake of a visit to the breakaway region last April by a Chinese delegation that included two offials from the China National Offshore Oil Corp (CNOOC).

The Chinese company wants to pick up acreage in Somaliland where CONOCO identified oil and gas reserves in the 1980s. CNOOC made an initial attempt to debut in the province in 2005 by negotiating a production sharing contract covering the Mudug area in Somaliland with the Transitional Federal Government (TFG) in Mogadishu.
However, the agreement remained a dead letter because Somaliland doesn’t recognize TFG authority.

As a result, CNOOC switched its strategy early this year in favor of making direct contact with authorities in the province. If the company is awarded concessions it will find itself operating in both a legal minefield and an insecure environment.

American companies active in the country until the late 1980s stili believe themselves to be owners of their concessions and consider the acreage has simple been placed under force majeure (NO. 562).

In addiotion. The Somaliland government has no geological data on its subsoil. The results of driiling campaigns in the 2980s have been retained since the early 2000s by a small British concern. Fugro Robertson, which has refused to turn them over to the Somaliland government.

To make up for that lack of information, Somaliland retained TGS Nopec in 2009 to acquire 5.300 KM of Seismic and magnetic data as well as 34,700 km of aeromagnetic data.

Coeus · Post by **Coeus** » Tue Dec 28, 2010 4:51 pm

China wants the OIL

garoweboy · Post by **garoweboy** » Tue Dec 28, 2010 4:54 pm

Coeus wrote:China wants the OIL

what oil

Ka darag · Post by **Ka darag** » Tue Dec 28, 2010 4:55 pm

[youtube]aC0h3rNf83M&feature=related[/youtube]

one of them looks familiar

Look at all the HJs getting excited

sorry, I know this is unrelated, but I was watching it earlier.

Coeus · Post by **Coeus** » Tue Dec 28, 2010 4:56 pm

garoweboy wrote:
Coeus wrote:China wants the OIL
what oil

The offshore oil in Somliland? There where already companies that were suppose to drill there under Siad barre era. But this contract is not valid according to Somaliland, so china comes in. Now the US has invited Siilanyo and i bet they are going to speak about the oil deals that were made in the 80´s. It makes one wonder how much Oil is there in Somalia total?

Advo · Post by **Advo** » Tue Dec 28, 2010 4:59 pm

When I read the title, I pictured this:

then I knew you meant the sland president

Coeus · Post by **Coeus** » Tue Dec 28, 2010 5:01 pm

Ka darag wrote:[youtube]aC0h3rNf83M&feature=related[/youtube]

one of them looks familiar

Look at all the HJs getting excited

sorry, I know this is unrelated, but I was watching it earlier.

You are silly

Ka darag · Post by **Ka darag** » Tue Dec 28, 2010 5:02 pm

Coeus wrote:
Ka darag wrote:[youtube]aC0h3rNf83M&feature=related[/youtube]

one of them looks familiar

Look at all the HJs getting excited

sorry, I know this is unrelated, but I was watching it earlier.
You are silly

why

Ka darag · Post by **Ka darag** » Tue Dec 28, 2010 5:04 pm

OMG ina omar yare is in that...i'm related to him

Coeus · Post by **Coeus** » Tue Dec 28, 2010 5:04 pm

I was just suprised by the sudden video of something totally unrelated

Dont cry walaal

Ka darag · Post by **Ka darag** » Tue Dec 28, 2010 5:06 pm

Coeus wrote:I was just suprised by the sudden video of something totally unrelated

Dont cry walaal

I always do that

Since discovering how to add youtube videos, I have been adding videos whenever I feel like it .

Coeus · Post by **Coeus** » Tue Dec 28, 2010 5:09 pm

Ka darag wrote:
Coeus wrote:I was just suprised by the sudden video of something totally unrelated

Dont cry walaal
I always do that

Since discovering how to add youtube videos, I have been adding videos whenever I feel like it .

Holy sh**

Ka darag · Post by **Ka darag** » Tue Dec 28, 2010 5:26 pm

Coeus wrote:
Ka darag wrote:
Coeus wrote:I was just suprised by the sudden video of something totally unrelated

Dont cry walaal
I always do that

Since discovering how to add youtube videos, I have been adding videos whenever I feel like it .
Holy sh**

Have u seen this?

It's hilarious walahi..

Proper British accent!

I'm gettng annoying with the videos innit ?

Coeus · Post by **Coeus** » Tue Dec 28, 2010 5:39 pm

^That is some sick shit

, he probably is paid by the Somaliland goverment...

Ka darag · Post by **Ka darag** » Tue Dec 28, 2010 5:42 pm

Coeus wrote:^That is some sick shit , he probably is paid by the Somaliland goverment...

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