Puntland: In search of black gold Al-Jazeera's Counting the Cost

[kingofkings]

Somalia;777868 wrote:

Does anyone have the oil agreement between TFG and Puntland? No one seems to know.

i remember president muse hirsi giving the company the green light, but as for oil agreement with tng, no such thing since those tuug tng and now tfg would have never agree to a deal unless they got alot of money from the oil company.

[kingofkings]

.........

[Somalia]

So they don't even have anything worked out? Wow, I thought a deal was signed Mr Gaas in Galkacyo with basic terms of agreement.

[kingofkings]

the galkacyo accord gave significance percentage of the tfg fund to Puntland, for Puntland to build navy, but there were no talk of oil deals between the Puntland government and the tfg about oil sharing deals. so, this talk of 50% going to the ftg is nonsense.

[GaadhHaye]

Countries with more than 1billion bbl of proved oil reserves:

 

Saudi Arabia 262,600,000,000

Venezuela 211,200,000,000

Canada 175,200,000,000

Iran 137,000,000,000

Iraq 115,000,000,000

Kuwait 104,000,000,000

United Arab Emirates 97,800,000,000

Russia 60,000,000,000

Libya 46,420,000,000

Nigeria 37,200,000,000

Kazakhstan 30,000,000,000

Qatar 25,380,000,000

United States 20,680,000,000

China 20,350,000,000

Brazil 12,860,000,000

Algeria 12,200,000,000

Mexico 10,420,000,000

Angola 9,500,000,000

Azerbaijan 7,000,000,000

Ecuador 6,510,000,000

India 5,682,000,000

Norway 5,670,000,000

Oman 5,500,000,000

European Union 5,193,000,000

Sudan 5,000,000,000

Egypt 4,400,000,000

Malaysia 4,000,000,000

Indonesia 3,990,000,000

Australia 3,318,000,000

Yemen 3,000,000,000

United Kingdom 2,858,000,000

Argentina 2,505,000,000

Syria 2,500,000,000

Gabon 2,000,000,000

Colombia 1,900,000,000

Congo, Republic of the 1,600,000,000

Chad 1,500,000,000

Brunei 1,100,000,000

Equatorial Guinea 1,100,000,000

Uganda 1,000,000,000

 

Somalia 19,500,000,000? Ahead of Brazil....wow

[Che -Guevara]

lool@king and Somalia..don't too excited.

[Sensei]

It is good that Somalia has as much as the US, drill baby drill.

[Somalia]

Che -Guevara;777935 wrote:

lool@king and Somalia..don't too excited.

Don't worry, I'll treat your kind well inshallah.

[kingofkings]

Somalia;777941 wrote:

Don't worry, I'll treat your kind well inshallah.

[Miskiin-Macruuf-Aqiyaar]

40% goes to the oil companies

This figure you are spewing -- you don't have a problem with it whatsoever, aha? Laakiin haddii la dhaho Soomaalida kale qeyb ayee ka leedahay quuqdaada Google dhan laga soo maqlaa. Yaab.

 

N. B. - I don't think inay 40% helayaan kuwa qodaayo, more like 60%, waaba haddee wax qodaan, which itself I don't think is possible xiligaan sharci la'aanta jirto. Plus natural resources is a dowladda dhexe jurisdiction, not wax maamul goboleed shuqul ku leeyahay. This is not Imaaraadka ama Swiss cantons. Haddaa dowlad dhexe ka mid tahay, waa inaa sharcigeeda raacdaa.

[kingofkings]

Miskiin-Macruuf-Aqiyaar;778001 wrote:

This figure you are spewing -- you don't have a problem with it whatsoever, aha? Laakiin haddii la dhaho Soomaalida kale qeyb ayee ka leedahay quuqdaada Google dhan laga soo maqlaa. Yaab.

 

N. B. - I don't think inay 40% helayaan kuwa qodaayo, more like 60%, waaba haddee wax qodaan, which itself I don't think is possible xiligaan sharci la'aanta jirto. Plus natural resources is a dowladda dhexe jurisdiction, not wax maamul goboleed shuqul ku leeyahay. This is not Imaaraadka ama Swiss cantons. Haddaa dowlad dhexe ka mid tahay, waa inaa sharcigeeda raacdaa.

well, Puntland is a state recognized by US, EU, and UN and, as result, has the power to use its resources without central government. we know this is true because it is happening now. no need for dowlad dhexe.

[kingofkings]

correction, Puntland gets 55% of the oil revenue while the oil company gets 45%

[Somalia]

Miskiin-Macruuf-Aqiyaar;778001 wrote:

This figure you are spewing -- you don't have a problem with it whatsoever, aha? Laakiin haddii la dhaho Soomaalida kale qeyb ayee ka leedahay quuqdaada Google dhan laga soo maqlaa. Yaab.

 

N. B. - I don't think inay 40% helayaan kuwa qodaayo, more like 60%, waaba haddee wax qodaan, which itself I don't think is possible xiligaan sharci la'aanta jirto. Plus natural resources is a dowladda dhexe jurisdiction, not wax maamul goboleed shuqul ku leeyahay. This is not Imaaraadka ama Swiss cantons. Haddaa dowlad dhexe ka mid tahay, waa inaa sharcigeeda raacdaa.

Regional governments can sign their own deals, just look at Iraqi Kurdistan.

[peasant]

^ ^War bal u kaadi bahasha waa la wadaaga sida faroole yiri. The federal government gets 50% of what puntland gets and that is more than enough for other somalis.

[kingofkings]

peasant;778010 wrote:

^ ^War bal u kaadi bahasha waa la wadaaga sida faroole yiri. The federal government gets 50% of what puntland gets and that is more than enough for other somalis.

well, there's a difference between what faroole says and the reality on the ground.