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

[ciyaalka xaafada100]

lol he has some self awareness though. he said who else interested in investing when its so much risk. even with this lopsided deal turkey might still not sink necessary cost. must see some very exciting wells before they lift a finger. Somalia is bad gamble to invest in. Nobody except Turkey interested for a reason

There is no oil.this is all hype.may be gas
Remember When pl drilled for oil in nugaal valley just to end up with water and loss of millions of dollars.they left angry .

 

[Hilmaam]

There is no oil.this is all hype.may be gas
Remember When pl drilled for oil in nugaal valley just to end up with water and loss of millions of dollars.they left angry .

its very possible look at Kenya. they sunk alot of money into oil and nothing major ever came of it. let turkey do surveys and initial drilling we got nothing to lose. even if oil is found it might be hard to access based on rock type and depths and they still say screw this and walk away.

https://www.petroleum.go.ke/government-offer-incentives-boost-oil-gas-exploration-ps-liban