Historical disaster: Hassan Sheikh Mohamud gives Turkey 95% of oil royalties and 90% production

[Hassan Garguute Buldanana]

 

[Devilsadvocate]

Thank you for sharing, very few read past the original headline. Others choose to share unnecessary memes, fear monger, use Qabil driven rhetoric, share propaganda, etc.. All of this is a sharp contrast to the Culture and History section of SomaliSpot. The politics section is truly a free-for-all for what is shared and posted as comments. Only a minority of individuals in this section have any understandings of geo-politics.

Anyways, this “Fact Check” by Radio Dalsan echos what @Midas and I have stated previously: this agreement section (4.7) is not about profit sharing, but operational costs.

Your account is a great addition to the politics section

Defend your dameer harder tuug adeer at all costs

Correcting misconceptions about the oil deal isn’t equivalent to defending it. There’s a difference.

 

[Itsnotthateasy]

Thank you for sharing, very few read past the original headline. Others choose to share unnecessary memes, fear monger, use Qabil driven rhetoric, share propaganda, etc.. All of this is a sharp contrast to the Culture and History section of SomaliSpot. The politics section is truly a free-for-all for what is shared and posted as comments. Only a minority of individuals in this section have any understandings of geo-politics.

Anyways, this “Fact Check” by Radio Dalsan echos what @Midas and I have stated previously: this agreement section (4.7) is not about profit sharing, but operational costs.

Turkey has been known to inflate costs. Also the turks did not accept a neutral court or country for contract dispute which is very fishy. It means the Turks can do exactly as they please. HSM sold Somalia so he can sit in the bunker protected by Turkey.

 

[GaradMusa]

Defend your dameer harder tuug adeer at all costs

This is exactly what I am referring to. Instead of any form of level headed remark I am accused of not only of being a “defender”, but also being paternally related (i.e. same Qabil) to Hassan Sheikh Mohamud.

I already stated my opinion on Hassan Sheikh Mohamud:

“Hassan Sheikh Mohamud has certainly been a bad president….” ~ GaradMusa, 20/3/2025

 

[Abdisamad]

Your account is a great addition to the politics section

Correcting misconceptions about the oil deal isn’t equivalent to defending it. There’s a difference.

There's no misconception, only corruption and you're part of defending these illiterate moryaans.

 

[jusbrowsin]

Has it been confirmed official? Some people saying its fake news. Either way if Somalia can renegotiate in 5yrs, lets see how this deal plays out.

 

[TheLand]

I'm no expert so I'm assuming the reason why Somalia doesn't get as much royalties is because its a very risky place to invest in. Also, if the deal is truly bad, Somalia still has the choice to renegotiate or terminate the deal after 5 years.

Once Turkey starts exploring any block it can’t be cancelled by Somalia…

 

[Itsnotthateasy]

This is exactly what I am referring to. Instead of any form of level headed remark I am accused of not only of being a “defender”, but also being paternally related (i.e. same Qabil) to Hassan Sheikh Mohamud.

I already stated my opinion on Hassan Sheikh Mohamud:

“Hassan Sheikh Mohamud has certainly been a bad president….” ~ GaradMusa, 20/3/2025

HSM has been a bad president, but the people criticizing him are worse... was the full quote

 

[Abdisamad]

This is exactly what I am referring to. Instead of any form of level headed remark I am accused of not only of being a “defender”, but also being paternally related (i.e. same Qabil) to Hassan Sheikh Mohamud.

I already stated my opinion on Hassan Sheikh Mohamud:

“Hassan Sheikh Mohamud has certainly been a bad president….” ~ GaradMusa, 20/3/2025

What's next deal with the Turks, they'll provide the poor bulgur and cambuulo after ribbing off the country for it's natural resources? Good luck with defending this shit

 

[TheLand]

Has it been confirmed official? Some people saying its fake news. Either way if Somalia can renegotiate in 5yrs, lets see how this deal plays out.

Turkeys parliament released it, it’s not something that illiterate maryooley parliament released

 

[Devilsadvocate]

There's no misconception, only corruption and you're part of defending these illiterate moryaans.

Where do you see me defending the oil deal in this thread? I’ve only said one thing, and it was this. There’s no need to lie.

I'm waiting for more sources or clarification. I've been tricked by fake news before.

 

[Zak12]

View attachment 359911
Once Turkey starts exploring any block it can’t be cancelled by Somalia…

Only for those 6 blocks. Hopefully Somalia will renegotiate after 5 years

 

[Abdisamad]

Where do you see me defending the oil deal in this thread? I’ve only said one thing, and it was this.

Well I don't think the source is fake, seing the secrecy surrounding the deal, they were proud of the deal they won't be secret and shady about it and would reveal to the public... Turkey is just looking for their interest they don't care about Somalis or Somalia.. I'm telling you these people are not your friends.

 

[Bahal]

Walaalaheen Turkey

 

[TheLand]

Only for those 6 blocks. Hopefully Somalia will renegotiate after 5 years

Where in the agreement does it say it’s for only 6 blocks?

 

[Zak12]

Where in the agreement does it say it’s for only 6 blocks?

Not the agreement itself but past sources confirmed it. 3 to be specific but 6 in total

Turkey to start exploring Somalia deepwater blocks within weeks

Turkish Petroleum will send seismic vessel to survey three blocks in October — Somaliland protests

www.upstreamonline.com

Turkey signs agreement for oil exploration in Somalia

Turkey has signed an agreement to explore oil fields in Somalia, building upon previous deals and arrangements.

www.offshore-technology.com

Turkey to explore oil and natural gas in Somalia's onshore fields - Drilling Contractor

Get oil and gas drilling news, videos, ebooks & more with the official magazine for the International Association of Drilling Contractors...

drillingcontractor.org

 

[TheLand]

Walaalaheen Turkey

Somalia’s new national motto:

 

[TheLand]

Not the agreement itself but past sources confirmed it. 3 to be specific but 6 in total

Turkey to start exploring Somalia deepwater blocks within weeks

Turkish Petroleum will send seismic vessel to survey three blocks in October — Somaliland protests

www.upstreamonline.com

Turkey signs agreement for oil exploration in Somalia

Turkey has signed an agreement to explore oil fields in Somalia, building upon previous deals and arrangements.

www.offshore-technology.com

Turkey to explore oil and natural gas in Somalia's onshore fields - Drilling Contractor

Get oil and gas drilling news, videos, ebooks & more with the official magazine for the International Association of Drilling Contractors...

drillingcontractor.org

That doesn’t matter though? This is the LEGAL agreement Somalia signed. It’s going to Erdogan’s desk as we speak. The Turkish parliament ratified it.

 

[Zak12]

That doesn’t matter though? This is the LEGAL agreement Somalia signed. It’s going to Erdogan’s desk as we speak. The Turkish parliament ratified it.

Well the agreement itself doesn't say every oil block and Somalia of course still has full owner.

With that said, the only thing I'm truly worried about is oversight as @Midas mentioned. We need to make sure the cost recovery is done in a legit manner.

 

[Xoriyo]

Only for those 6 blocks. Hopefully Somalia will renegotiate after 5 years