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

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

✌️
VIP
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.

 

El Nino

Cabsi cabsi
VIP
Is there shidaal or not. All these shenanigans and loopholes but no proven oil yet. Im certain this deal can be reversed with a better government, this is a sham contract. Reeks of desparation.
 
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 😠.
I think there will be some oil. They've been talking about this for a year already. They'd surely know if there was no oil by now. Something must have been found for Turkey to be writing up agreements.
 
I think there will be some oil. They've been talking about this for a year already. They'd surely know if there was no oil by now. Something must have been found for Turkey to be writing up agreements.
You don’t know about the exploration in Puntland. Puntland have oil agreements with both china and USA
 
Na I'm not gonna cut off my nose to spite my face.

Give me that oil and gas, let it flow. The Saudis got violated in the beginning, but look at them now owning aramco 100%. This 90% rubbish and bad terms can't go on forever if we have crazy amount of oil/gas long term.

Maybe the Somalis will fast track their state building and comd to an agreement once they see the potential wealth of all that oil....
All this talk about oil markeey Argagixisadu ku sugan yihiin duleedka xamar
Station 19 Smile GIF by ABC Network
 
Southern border of PL will need be the focus of attention in the coming years for the leadership hence why I think President Deni advocates for a settlement and resumption of trade with SL. That still leaves ceerigabo question unanswered however!
 

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