Timur Posted February 26, 2012 http://www.bloomberg.com/news/2012-02-26/u-k-in-talks-with-somalia-s-puntland-about-oil-observer-says.html Amazing! This is historic. The first barrel of oil, and the first step towards prosperity in all of Somalia's history is in front of us. Mansha Allah for this great moment! Quote Share this post Link to post Share on other sites
kingofkings Posted February 26, 2012 Timur;795328 wrote: http://www.bloomberg.com/news/2012-02-26/u-k-in-talks-with-somalia-s-puntland-about-oil-observer-says.html Amazing! This is historic. The first barrel of oil, and the first step towards prosperity in all of Somalia's history is in front of us. Mansha Allah for this great moment! three cheers for PL. Quote Share this post Link to post Share on other sites
Somalia Posted February 26, 2012 GUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUL Damn, a long journey Quote Share this post Link to post Share on other sites
uchi Posted February 26, 2012 This is a great~ if Britian can help with the $ billion we need to build the pipeline system & oil refiners, we are looking at large profit margins~ Quote Share this post Link to post Share on other sites
peasant Posted February 27, 2012 ^ no one refines it, it is sold as a crude and it is less headache because refineries have environmental problems that are associated with them. Most of the OPEC nations only refine for local use only. Quote Share this post Link to post Share on other sites
Carafaat Posted February 27, 2012 Now explain the diffrence between exploration and prouction and that there wont be dollars of income next month or years to come Quote Share this post Link to post Share on other sites
General Duke Posted February 27, 2012 Stop hating maan. The day a barrel is taken out it's game set and match for Somalia being a plaything to anyone. Oil is the worlds opium and we shall help with getting the planet it's fix. Quote Share this post Link to post Share on other sites
Carafaat Posted February 27, 2012 Duke, even when oil is found. You still need billions of investment and for that you need prober Governance, Stability, laws and prober legal amd Political framework and system. Not on paper but for real. So dont loose your priority men. Read the Book Oil Curse, by someone forget the name. Quote Share this post Link to post Share on other sites
General Duke Posted February 27, 2012 The Oil is a much sought after commodity, thus it will be those who want it who will forke out the necessary equipment and infrastructure to get it out to the world markets. You don't need to read a book look at the deserts that where Riyadh, Dubai, Doxa and Bahrain. Thus no matter how you spin it and no matter how much you get upset. The world is now interested in Somalia and rushing to show their support because we have something valuable they need. Also it's already being drilled and the equipment, millions of dollars worth is already there. Quote Share this post Link to post Share on other sites
Raamsade Posted February 27, 2012 When did they find oil? I thought the well that was openned a month or so ago was to see IF there is oil. Or did I miss something? Quote Share this post Link to post Share on other sites
kingofkings Posted February 27, 2012 Raamsade;795515 wrote: When did they find oil? I thought the well that was openned a month or so ago was to see IF there is oil. Or did I miss something? Quote Share this post Link to post Share on other sites
