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

[Sol]

Source on where these docs are from?

 

[Wabari]

Somalia 2026:

 

[Wabari]

Source on where these docs are from?

Turkey secures rights to 90 percent of oil and gas output in Somalia deal, document shows - Nordic Monitor

Levent Kenez/Stockholm

nordicmonitor.com

 

[Zak12]

After looking into it more, I honestly don't think its that bad a deal. While the 90% recovery may seem bad on paper, remember that all it'll mean is Turkey will be paid faster so productions/profits can happen sooner as per the 70%/30% split that gets tossed around. Also. Somalia is a very risky country both in terms of safety and investment and has little in way of infastructure, literally no other oil company would want to work in Somalia. Furthermore this is only for 3 blocks of oil, so for the rest Somalia can negotiate for better deals once the profits start coming in as Somalia will have better leverage. Also, IIRC, this sort oil recovery was already talked about back during the Farmaajo era. And this agreemenr ends in 5 years anyways too.

At the end of the day Somalia isn't paying a dime here and won't incur any debts which is the important part. Also, reminder that the Saudis initially owned 0% of their oil as it was all owned by the American Aramco company. Eventually they managed to negotiated and gain 100% owenership of their oil. Somalia is starting out is much better position than the Saudis and it will only get better.

 

[Espaa_]

Dalxoreeye

 

[FBIsomalia]

 

[Wabari]

 

[Wabari]

 

[Wabari]

 

[Ugas.Wacays]

After looking into it more, I honestly don't think its that bad a deal. While the 90% recovery may seem bad on paper, remember that all it'll mean is Turkey will be paid faster so productions/profits can happen sooner as per the 70%/30% split that gets tossed around. Also. Somalia is a very risky country both in terms of safety and investment and has little in way of infastructure, literally no other oil company would want to work in Somalia. Furthermore this is only for 3 blocks of oil, so for the rest Somalia can negotiate for better deals once the profits start coming in as Somalia will have better leverage. Also, IIRC, this sort oil recovery was already talked about back during the Farmaajo era. And this agreemenr ends in 5 years anyways too.

At the end of the day Somalia isn't paying a dime here and won't incur any debts which is the important part. Also, reminder that the Saudis initially owned 0% of their oil as it was all owned by the American Aramco company. Eventually they managed to negotiated and gain 100% owenership of their oil. Somalia is starting out is much better position than the Saudis and it will only get better.

That's how they get you. they'll never tell Somalia when they recover on top of that any disputes go to Turkish court. They control the Airport, Hospital, Port now the Oil this is colonization wallahi

 

[Midas]

Then we've got coons like this


<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Fake <a href="https://t.co/UCBJ7awvvE">pic.twitter.com/UCBJ7awvvE</a></p>&mdash; Naaji (@EngNaaji) <a href="">April 23, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>








<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Somalia&#39;s Oil Strategy: Why 90% Cost Recovery is a Smart Move<br><br>Somalia’s 90% cost recovery cap in oil contracts has triggered debate—but it’s actually a smart move. It’s the same strategy Saudi Arabia and other Arab countries used in their early oil days.<br><br>Back in 1933, Saudi… <a href="https://t.co/HjXIPFP9rv">pic.twitter.com/HjXIPFP9rv</a></p>&mdash; Naaji (@EngNaaji) <a href="">April 23, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

[Midas]

Then we've got coons like this


<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Fake <a href="https://t.co/UCBJ7awvvE">pic.twitter.com/UCBJ7awvvE</a></p>&mdash; Naaji (@EngNaaji) <a href="">April 23, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>








<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Somalia&#39;s Oil Strategy: Why 90% Cost Recovery is a Smart Move<br><br>Somalia’s 90% cost recovery cap in oil contracts has triggered debate—but it’s actually a smart move. It’s the same strategy Saudi Arabia and other Arab countries used in their early oil days.<br><br>Back in 1933, Saudi… <a href="https://t.co/HjXIPFP9rv">pic.twitter.com/HjXIPFP9rv</a></p>&mdash; Naaji (@EngNaaji) <a href="">April 23, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

It took him 5 hours to come up with an explanation of why this is good actually.
How can somebody be so shameless ?

 

[FBIsomalia]

It took him 5 hours to come up with an explanation of why this is good actually.
How can somebody be so shameless ?

Paid.

 

[Itsnotthateasy]

Somalia needed a quick fix and so the deal is a bad one by international norms.

If you maintain your own territorial integrity and sovereignty you get a normal deal. If you are trying to buy it you factor that into the deal and Somalia takes less money so Turks offer some protection.

This deal was signed to try and sabotage Somaliland independence so yeah.

In a way this was always the outcome of turning the capital of a sovereign nation into a clan fiefdom, the rest of the country gets sold on the cheap to uphold the soveriegnty of this minority of Somalian citizens. Somalia (Italian Somaliland) is a failed state and will never return to normal governance.

 

[TheLand]

Somalia needed a quick fix and so the deal is a bad one by international norms.

If you maintain your own territorial integrity and sovereignty you get a normal deal. If you are trying to buy it you factor that into the deal and Somalia takes less money so Turks offer some protection.

This deal was signed to try and sabotage Somaliland independence so yeah.

In a way this was always the outcome of turning the capital of a sovereign nation into a clan fiefdom, the rest of the country gets sold on the cheap to uphold the soveriegnty of this minority of Somalian citizens. Somalia (Italian Somaliland) is a failed state and will never return to normal governance.

Somehow you were gonna insert Suuliland into this

 

[Midas]

Even this propgandaist couldn't bring himself to say that the deal was fair .


<blockquote class="twitter-tweet"><p lang="en" dir="ltr">𝗧𝘂𝗿𝗸𝗲𝘆-𝗦𝗼𝗺𝗮𝗹𝗶𝗮 𝗢𝗶𝗹 𝗔𝗴𝗿𝗲𝗲𝗺𝗲𝗻𝘁: 𝗔 𝗙𝗮𝗶𝗿 𝗗𝗲𝗮𝗹 𝗳𝗼𝗿 𝗦𝗼𝗺𝗮𝗹𝗶𝗮?<br><br>As Turkey covers the costs of exploration and production in Somalia’s emerging oil sector, ensuring a fair and balanced agreement is essential. At this early stage, even a 10%… <a href="https://t.co/3rERoJAPTV">pic.twitter.com/3rERoJAPTV</a></p>&mdash; Abdikarin Dahir (@Abdikarindahirr) <a href="">April 23, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

[Itsnotthateasy]

Somehow you were gonna insert Suuliland into this

Are you here to lose another argument?

 

[Karim]

This sham petroleum deal has drastic ramifications for the country's future:

1. It's a daytime robbery and plunder of the country's natural resources.
2. HSM is obviously entangled and chained by the Turkish gov. He cannot possibly back out of this deal as he obviously has a deal with them guaranteeing his stay on power.
3. Even if the Somali parliament rejects this deal the Turkish government will bribe every gov official in FGS, else they will use military force to protect their interest.
4. Turkish mercenaries are currently on the way to secure the two shabelle regions, which can be interpreted as a way to indefinitely keep HSM in power.

It's a mess upon mess upon mess. HSM is the worst politician in the history of our people (I'm talking about the last thousands of years).

 

[Devilsadvocate]

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

 

[RiceMuncher]

Does this mean there is oil?