Duufaan

Somalia sets block bid submissions date

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On 11/8/2018 at 12:34 PM, Duufaan said:
 

This will be the offshore drilling between Banaadir and Kismaanyo cost. Somalia will not be stable and prosper without taking advantage for it is resources.

 

 

 

Oil and Gas are not products you deal with when you have political problems. These are most dangerous products even when you have stable situation.

Agriculture should be more preferred than Oil. Agriculture will create jobs, feed oneself and feed Arabs. Then every one has interest in your stability and peace since you are food source.

With all the problems, nobody Arab will do ill to Sudan.

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Duufaan   

It depends on very much who you give the contract. For the offshore drilling, only a few western companies are specialized. The best way to do it to diversify it.

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1 hour ago, Duufaan said:

It depends on very much who you give the contract. For the offshore drilling, only a few western companies are specialized. The best way to do it to diversify it.

Agreed but too many to bribe at home, too complex to mange outsiders. Best thing leave oil and gas under ground or sea and move on with something that will deny others the manpower to recruit. Oil in Ethiopia was found before that of Saudi Arabia and has caused overthrow of so many from power.

You might see 2-3 federal states appearing in that part of Somalia soon. 10% 20% is a big deal.

 

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