Black Gold....

[skywalker25]

Somalis have to be the most pathetic humans alive. Lets get this oil regardless of tribe or region first and then squabble about dividing it....

The ramshackle capital of Somaliland, Hargeisa, in northern Somalia has a bustling market for camels and is a frequent destination for aid workers. International businessmen are relatively rare. Yet untapped oil reserves have lured a number of foreign companies to the city, chief among them the Turkey’s Genel Energy under the leadership of ex-BP CEO Tony Hayward.

Genel’s involvement coincides with increased Turkish interest in the region. In February, Istanbul played host to talks between the Somali breakaway province and the internationally recognized government in Mogadishu. Turkey has offered to provide support for future regular talks between them.

Turkish attention is a coup for Somaliland. The region touts itself as democratic and has keenly participated in Western anti-piracy efforts. But it has failed to win much support for an independence bid. That has made delving into the politics of oil more attractive, with the elite hoping to gain financial stature and friends.

Jamal Hassan, the presidential candidate for the opposition Justice and Welfare Party and former CEO of Citibank in Tanzania, says that the nation is banking on oil as a cornerstone for development. At least a dozen blocks are apparently available for exploration. Given that Somaliland’s 2013 budget, according to its ministry of finance, was just $125m, any deal would flush the region with unprecedented resources.

There’s one hitch though: Somaliland’s control of oil blocks in the Nugaal valley is disputed by neighbouring Puntland, the Mogadishu government and a domestic breakaway movement within Somaliland. Puntland’s claim to the sites has led to the double sale of exploration rights. DNO and African Oil have competing contracts for the same block in Sool. Conoco and Eni are waving contracts issued by the long defunct regime of former dictator Siad Barre.

The Nugaal’s residents, members of the Dulbahante sub-clan, claim they were strong-armed into joining Somaliland by the dominant Isaaq clan. They dispute all parties’ right to the oil. Osman Hasan, a member of an occasional Nugaal breakaway movement, sees oil as a bargaining chip to attain autonomy from the Mogadishu government as the federal state of Khaatumo. A popular sentiment in the Nugaal that prosperity in Hargeisa is passing them by has mobilized locals against drilling. Abdi Rizaq of Las Anod University in the Nugaal says, “If your house is on fire and someone wants to go in and take things from it, what do you say to him? You say go to hell.”



http://www.economist.com/blogs/baobab/2 ... ign=buffer

[abdikarim86]

What are the focking khaatufites on about?

Ain't nobody attempting or even thinking of having
the nugaal valley drilled

[Hodan94]

lol aint nugaal puntland.
these confused mofo's....

[LiquidHYDROGEN]

What are the focking khaatufites on about?

Ain't nobody attempting or even thinking of having
the nugaal valley drilled

Why not? Technically, it's part of SL. I'm against oil exploration for other reasons but the resources belong to SL and should be defended against nabadiids by arms if necessary.

[LiquidHYDROGEN]

Btw why are you reading the economist? It's rightwing garbage that knws fck all about economics.

[abdikarim86]

What are the focking khaatufites on about?

Ain't nobody attempting or even thinking of having
the nugaal valley drilled

Why not? Technically, it's part of SL. I'm against oil exploration for other reasons but the resources belong to SL and should be defended against nabadiids by arms if necessary.

That isn't the point sxb, I myself hold the opinion it's SL also.

Laakin it is common knowledge that the only serious attempt to
drill has occured in oodweyne and caynaba. The khaatufites
should therefore learn to shut up and stop implying that their lands
are being drilled.

[original dervish]

The number one place the oil companies want is the Nuugaal valley.
That's why the Economist is mentioning the land and people.
The iidoors will never be allowed to drill there.

[LiquidHYDROGEN]

And who's going to stop us if we so wish? The great dervish army from aabe siyaads hallucinogenic version of history? Little people shouldn't speak around giants.

[Even123]

And who's going to stop us if we so wish? The great dervish army from aabe siyaads hallucinogenic version of history? Little people shouldn't speak around giants.

The Great Rising SFG will stop you, that's who!

[skywalker25]

And who's going to stop us if we so wish? The great dervish army from aabe siyaads hallucinogenic version of history? Little people shouldn't speak around giants.

The Great Rising SFG will stop you, that's who!

The same one thats being protected by AMISOM?

Something doesn't add up my walanwyen friend. Get back to the drawing board and check your maths one more time..

[Even123]

Sxb just wait and see, time will show us, who was on the winner's side!,.....so let's wait and see as SFG political power increases by the day.

[STARKAST]

Losers arguing about non existent oil when their cousins back home haven't even got toilets.
This is what nationalism does to you, you are arguing about stuff that doesn't concern you or don't profit from.
Brothers not even able to split resources between themselves, how are 'we' ever going to be citizens in 1 democracy.

-- Also isn't sad that a sub sub sub clan of Darod called Dhulbahante is given beesha SL such a headache that they are being mentioned on the economist the biggest periodical in Europe.

[original dervish]

Sad?...........It's a source of pride son.

[HusseinHassan]

-- Also isn't sad that a sub sub sub clan of Darod called Dhulbahante is given beesha SL such a headache that they are being mentioned on the economist the biggest periodical in Europe.

[jalaaludin5]

-- Also isn't sad that a sub sub sub clan of Darod called Dhulbahante is given beesha SL such a headache that they are being mentioned on the economist the biggest periodical in Europe.

Sad?...........It's a source of pride son.

I thought darawiishtu they abhor anything Britich/gumeysii