Turkey signs oil and gas exploration deal with Somalia

[Avalanche]

Turkey signs oil and gas exploration deal with Somalia

With a hydrocarbon drilling agreement, Mogadishu deepens Ankara ties amid tensions with neighbouring Ethiopia

www.middleeasteye.net

 

[Avalanche]

 

[Camaar]

Erdogan get 30% revenue for protection against imaginary enemies while 85% of somali youth are unemployed

 

[Hmohamed54]

Sad just sad. All this because ethiopia.

 

[IKHALIIL]

Erdogan get 30% revenue for protection against imaginary enemies while 85% of somali youth are unemployed

The reason the youth are unemployed is because of the enemies of islam in our country called khawarij. Investments by somali's alone will always be capped due to the security risk they pose until they are eradicated like the pests they are. Investments going up means employment opportunities will also rise.

This 30% for Turkey deal involves building somali naval capabilities and not just protection against the very real threats of illegal fishing, illegal dumping of toxic materials and illicit weapons trafficking taking place in our waters.

 

[Abdisamad]

Erdogan get 30% revenue for protection against imaginary enemies while 85% of somali youth are unemployed

What do you want to use all the resources, we have not technically a d zero know how on how explore and exploit it, if managed correct we can become rich even with 50%, beside rebuilding a ruined nation, exploration and utilizing the resources cost a lot of money, money that we do not currently have in our state budget, so it's only fair we give Turkiye a cut in return for helping explore and exploit our natural resources as well as rebuild our military.

 

[chronic]

 

[Hotchick12]

Erdogan get 30% revenue for protection against imaginary enemies while 85% of somali youth are unemployed

Imaginary enemies that profit our seas in tune of 600 millions and the dumping of waste

 

[Hotchick12]

It’s takes three years for oil extraction in sea and for 70 percent Somalia is literally doing nothing but turkey will front the cost of everything

 

[Three Moons]

It’s takes three years for oil extraction in sea and for 70 percent Somalia is literally doing nothing but turkey will front the cost of everything

70 percent of $100 billion (or $1 trillion or $10 trillion) is better than 100% of $0 billion or $0 trillion. These guys that are complaining had 30 years to come up with a creative way to extract Somalia’s resources involving only Somalis and Somali companies, but went down the most self-defeating path a Nation can take. 30 years would have been enough time to train skilled personnel in engineering, drilling and seismology, 30 years would have been enough time to establish multiple steel plants, a large navy and attract FDI, but they didn’t.

Pay them no mind, if they had their way no oil would flow from Somalia for another two centuries when most countries will be sending entire populations to their space colonies on other planets.

 

[Celery]

Turkey is only interested in money for its businesses. If Ethiopia does take the brazen step and invade, Turkey will condemn it in the strongest terms

 

[Avalanche]

You're trippin' if you think this deal is bad. Somalia will have a huge economic growth wlhi. Somalia will gain so much from this.

 

[mohamedismail]

This isn't a bad deal. Also you have to take into consideration, Somalia has 0 right now. We need to get on our feet.

 

[Avalanche]

This isn't a bad deal. Also you have to take into consideration, Somalia has 0 right now. We need to get on our feet.

And this deal is only for 10 years. After that, we may have the expertise to take over the ability to extract the oil ourselves.

 

[mohamedismail]

And this deal is only for 10 years. After that, we may have the expertise to take over the ability to extract the oil ourselves.

Yhh its great

 

[Step a side]

What about coast line explorations?

 

[Keep it a boqol]

What about coast line explorations?

i’m assuming that deal is dead and we’re doing this instead

 

[Pastoralist]

Erdogan get 30% revenue for protection against imaginary enemies while 85% of somali youth are unemployed

We’ve had enough of secessionist sponsored terrorists. Anything AS condemns the secessionists also condemn.

 

[Dalac Bilaash]

We’ve had enough of secessionist sponsored terrorists. Anything AS condemns the secessionists also condemn.

Because this deal is threat to their weapon smugglers and charcoal traders Al shabab even said it's worse than Ethiopian MOU it says alot about how good this deal is for Somalia both economically and security.

 

[Step a side]

Because this deal is threat to their weapon smugglers and charcoal traders Al shabab even said it's worse than Ethiopian MOU it says alot about how good this deal is for Somalia both economically and security.