Somali Oil Now! It's Time For Us to Get Rich! To Hell with Environmentalist!

[Kool-Aid]

As the environmentalist get more influential it's gonna get more annoying to drill for oil. Countries are also trying to get off oil. Southern Somalis need to get their shit together fast. We need a competent, transparent and honest government to makes sure oil drilling starts and the money from oil is used for the benefit of the country!
This is the chance of a lifetime for us Somali. We have possible 60+ billion barrels of oil. This can transform our country! Somalia can not let this chance at rebuild slip them by. Enough is enough.

6:30 Oil in Somalia. It's time for us to stop the foolishness!

Environmentalist trying to screw over Namibia

Questions remain over Namibian oil discovery – DW – 05/17/2021

ReconAfrica has said it struck a massive oil field in northern Namibia. But locals said they were not properly consulted about the drilling, and environmentalists fear an oil boom could threaten the Okavango Delta.

www.dw.com

 

[Kool-Aid]

Oil companies losing the fight against environmentalist in Europe

 

[Kool-Aid]

 

[M.K]

Somalia with oil and no oil will always be the same. Look at Congo most richest country in the world. They getting exploited by the west. West is keeping Africans in hostage together with their Houseniggers the chinese

 

[Kool-Aid]

Somalia with oil and no oil will always be the same. Look at Congo most richest country in the world. They getting exploited by the west. West is keeping Africans in hostage together with the chinese

Not true, oil will change everything. We need security and a smart government.

 

[Kool-Aid]

Somalia with oil and no oil will always be the same. Look at Congo most richest country in the world. They getting exploited by the west. West is keeping Africans in hostage together with their Houseniggers the chinese

The Congolese have dumbass rebels running around. Just like we have idiots in the south causing chaos!
Also, get rid of your slave mentality, west this west that.

 

[freedomrider]

Not true, oil will change everything. We need security and a smart government.

low iq 68, somali goverment with full problems since 1980s we going to have more problem compare to nigeria, vuvuzula.

nigeria:

 

[Kool-Aid]

low iq 68, somali goverment with full problems since 1980s we going to have more problem compare to nigeria, vuvuzula.

nigeria:

Nigeria is still the biggest economy in Africa, with oil being its main source of revenue. They have about 37 billion barrels of oil. Somalia possibly has 60 billion barrels plus of oil could you imagine what we can do with that.

Venezuela was good until they went, full socialist. They are also getting sanctioned by the US.

Either way, Somalia needs to get the oil out before environmentalists gets more annoying.

 

[freedomrider]

Nigeria is still the biggest economy in Africa, with oil being its main source of revenue. They have about 37 billion barrels of oil. Somalia possibly has 60 billion barrels plus of oil could you imagine what we can do with that.
View attachment 189039

Venezuela was good until they went, full socialist. They are also getting sanctioned by the US.

Either way, Somalia needs to get the oil out before environmentalists gets more annoying.

How about dutch diesase, how are we going to solve that?

 

[Kool-Aid]

How about dutch diesase, how are we going to solve that?

First, we need security. Assuming Somalia is safe.
To stop dutch disease we can diversify the economy
We can use the oil money to build infrastructure (roads, bridges, powerplants, ect), which will help diversify the economy.
Build up the tourism sector we have the longest coastline and a strong diaspora. We can build resorts, and rebuild our wildlife tourism by reintroducing wildlife.
Then we can put money into the agriculture sector in southern Somalia.
Basically, put the oil money into different sectors of the economy.

Also, we can create a sovereign wealth fund this will help reduce the effect of dutch disease by a lot.

 

[AbdiFreedom]

The green freaks can go to hell. I love oil and gas.

 

[Kool-Aid]

The green freaks can go to hell. I love oil and gas.

My nigga

 

[Kool-Aid]

The green freaks can go to hell. I love oil and gas.

The environmentalist always seems to promote solar and wind energy. They never promote hydro, nuclear, and geothermal energy which are far better. I think the environmentalist are bought and paid for by the solar and wind industry.

 

[Prime Minister]

Now or never I agree with that our leaders are hopeless we can't put our faith in them.

 

[AbdiFreedom]

The environmentalist always seems to promote solar and wind energy. They never promote hydro, nuclear, and geothermal energy which are far better. I think the environmentalist are bought and paid for by the solar and wind industry.

Especially nuclear. Nuclear is a zero emission clean energy source but their opposition to it is ideological and void of the facts. It is based on their hippie opposition to nuclear weapons. The green movement and their green parties were created out of the anti nuclear protests 50 years ago. The Green Party of Canada is full of crackpots and conspiracy theorists and 9/11 truthers. They're headed by a bald headed Black Zionist Jew woman. I appreciate her rabid support for Israel but a very weird person.

Do they expect me to walk 25 km to work one way? Do they except me to freeze to death in the cold winters?

 

[Kool-Aid]

Especially nuclear. Nuclear is a zero emission clean energy source but their opposition to it is ideological and void of the facts. It is based on their hippie opposition to nuclear weapons. The green movement and their green parties were created out of the anti nuclear protests 50 years ago. The Green Party of Canada is full of crackpots and conspiracy theorists and 9/11 truthers. They're headed by a bald headed Black Zionist Jew woman. I appreciate her rabid support for Israel but a very weird person.

Do they expect me to walk 25 km to work one way? Do they except me to freeze to death in the cold winters?

These guys don't understand that there are now gen 4 nuclear reactors that are very safe!
They have their minds in the gen 1 and 2 reactors that could meltdown even though it's rare.
These anti-nuclear people are completely illogical

Also, they are working on mini nuclear reactors. To make nuclear more cost-effective!

 

[Dima&Damo]

But Do Somalia Have Oil And Gas Or Its Just BS

 

[Caspian]

How can Somalia improve if the country is ranked so low in the corruption ranking the 2nd lowest ranked most corrupt country in the world. We must improve our corruption score if we're serious about development.

This might be controversial but even if the oil extracted and sold i think almost all of the oil money should be saved in a sovereign wealth fund invested in stable countries with a stable currency in the west & should be touched only after many years of compounding only then can you start to invest in the country educate the people and use the power you have in foreign companies to bring part of production to Somalia.

Set up An independent entity that runs that fund without government input and the government should have no power to touch the money for decades.

Imo this is the only realistic option Somalia has to become a developed country

Since we won't be able to produce anything valuable to sell outside of natural resources & compete in the world market anytime soon let's invest in the foreign companies that are doing this.

 

[Kool-Aid]

But Do Somalia Have Oil And Gas Or Its Just BS

Yes, there is oil! Don't know exactly how much though.

"another subsurface data company, TGS, estimates un-risked resources for the Somali Basin could be around 30 billion barrels of oil. TGS has acquired more than 40,000 kilometres of 2D data, which covers the seven blocks on offer"-- From the article

Sizing up Somalia: a new offshore oil frontier in the making

Somalian federal government is promoting its advancement by launching its first ever offshore licensing round. We look at the latest developments.

www.offshore-technology.com

 

[Kool-Aid]

How can Somalia improve if the country is ranked so low in the corruption ranking the 2nd lowest ranked most corrupt country in the world. We must improve our corruption score if we're serious about development.

This might be controversial but even if the oil extracted and sold i think almost all of the oil money should be saved in a sovereign wealth fund invested in stable countries with a stable currency in the west & should be touched only after many years of compounding only then can you start to invest in the country educate the people and use the power you have in foreign companies to bring part of production to Somalia.

Set up An independent entity that runs that fund without government input and the government should have no power to touch the money for decades.

Imo this is the only realistic option Somalia has to become a developed country

Since we won't be able to produce anything valuable to sell outside of natural resources & compete in the world market anytime soon let's invest in the foreign companies that are doing this.

Yes, sovereign wealth fund is a very good idea we can put a lot of the money from oil profits in there. It will also reduce the dutch disease that @freedomrider is concerned with. But the government should put some money into the infrastructure it's desperately needed.