A National Gas & Oil Terminal Worth $143 Million Will Be Built In Berbera, Somaliland By Oomar Group!

Kool-Aid

Kool-Aid

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Omaar Group promised to build a Fish Factory in Somaliland​

THT- Berbera- Omaar Group and National Oil company (NOC) have laid the foundation stone for a multi-million-dollar project to build an oil and LPG gas terminal and have also promised to build a fish factory in the country.

In a ceremony attended by the Minister of Commerce, the Governor of Sahil, the Mayor of Berbera, and officials from Omaar and the National Oil Company (NOC) laid the foundation stone for the construction of fuel storage terminal funded by both Omaar Group & NOC.

The new oil storage terminal will have 230 thousand M3 capacity, where the first phase will be to build 100 cubic meter oil and liquefied petroleum gas (LPG) terminals and the project will meet the country’s fuel needs.

Omar Masri, chairman of Omaar Group in the Sahil region, and Mohamed Ali Muhumed (Mohamed Ali), chairman of NOC, said the project co-sponsored by Omar and NOC would meet the country’s oil needs.

“The private NOC company will meet the energy demands and the country’s oil reserves. I hope the construction of the terminals will begin soon.” Said the Chairman of Berbera of Omaar Group.

Chairman of the National Oil Company (NOC) Mr. Mohamed Ali Muhumed (Mohamed Ali) said in the first phase of the project will be built reserve terminals storage for diesel, petrol and liquefied petroleum gas LPG.

Mohamed Ali added that in the Horn of Africa region, which is in dire need of oil reserves, NOC is investing a modern oil terminal enough for oil and gas reserves lasting a year, he said.

“NOC’s oil and gas reserve terminals will meet energy demands of the country and the Horn of Africa region.”

The Berbera Port Manager, the Berbera Oil Terminas Manager, and the Mayor of Berbera District all welcomed the investment by Omaar Group and NOC to build the oil reserve terminals, which will also create jobs for the citizens of Somaliland.

Minister of Commerce Hon. Mohamed Hassan Sa’ad (Sajin) who spoke at the event praised Omaar Group & NOC for investing in the oil and gas reserve terminals, which are of great importance to Somaliland, and praised Omaar’s promise to set up a fish factory.

Minister Sajin said he would commend Omaar Group for setting up a fish factory in the country.

The trade deficit between Somaliland and Ethiopia is huge, we import a lot from Ethiopia, but we do not export anything, said Commerce Minister.
We complained against Ethiopia for the huge exportation, but their response was if you have a local product to export we will buy? We do not have locally sourced products.
The world of trade is collapsing, every country would survive on locally produced food, I call on the country’s businessmen to initiate commercial farming, for the survival of our people.


 
Kramer

Kramer

Dharbaaxo Jin said:
Which project in Berbera was announced and didn't end up happening?
Click to expand...
2020

Trafigura to invest in improving Berbera Oil Terminal to become a regional supply hub with the support of the Government of Somaliland

Trafigura Group Pte Ltd. has this week delivered a first shipment of low sulphur gasoil to the Port of Berbera, following the signing of a milestone storage agreement earlier this year with the Government of Somaliland’s Ministry of Trade, Industry and Tourism.
www.trafigura.com www.trafigura.com
 
Dharbaaxo Jin

Dharbaaxo Jin

Kramer said:
2020

Trafigura to invest in improving Berbera Oil Terminal to become a regional supply hub with the support of the Government of Somaliland

Trafigura Group Pte Ltd. has this week delivered a first shipment of low sulphur gasoil to the Port of Berbera, following the signing of a milestone storage agreement earlier this year with the Government of Somaliland’s Ministry of Trade, Industry and Tourism.
www.trafigura.com www.trafigura.com
Click to expand...
Trafigura bid to invest in the Oil Terminals, but lost out. They never announced an actual project to upgrade the Oil Terminals.

Omaar won the bid from the government. The concrete plans from Omaar above, including ground laying and stone breaking that happened, is the only project that has been started on the oil terminals.
 
ZodiaK

ZodiaK

VIP


Make no mistake the Europeans & US are coming. The Ethiopian civil war, Covid, Ukraine war might have delayed things, but they are coming.

Trafigura already supply most of the oil Somaliland uses. But the investment into oil infrastructure at Berbera is aimed more at countering China's inroads into the region through Djibouti.

The race to supply Ethiopia with hydrocarbons is on-going. While Djiboutian authorities laid the foundation stone for the jetty of the future oil terminal at the Damerjog petrochemical complex across the border with much pomp and circumstance on 3 September, Trafigura announced on 7 September that it would be setting up at the port of Berbera

President Biden and G7 Leaders Formally Launch the Partnership for Global Infrastructure and Investment​

www.rfi.fr

G7 aims to raise $600 billion to counter China's Belt and Road

G7 leaders meeting in southern Germany have detailed plans to raise $600bn in private and public funds to finance much-needed infrastructure, notably on the African continent, and to counter China's…
www.rfi.fr www.rfi.fr


The European Union has selected eleven transport corridors in Africa to support the construction or expansion of these.

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The European Union (EU) wants to promote eleven transport corridors in Africa. To this end, it supports the construction or expansion of infrastructure on selected routes. This applies to roads, railways and tracks, airports, waterways and seaports. The traffic arteries run right through the continent. They primarily - but not exclusively - connect landlocked countries with ports on the coast. The funding is part of Global Gateway, the European Union’s infrastructure initiative.

The corridors are intended to facilitate mobility and trade​

The EU promotes mobility and trade via the Strategic Corridors, both within Africa and between Europe and Africa. Value chains are to be strengthened and jobs created along the corridors. The EU wants to create clean and efficient corridors so that more mobility does not mean more CO 2 emissions. The infrastructure should also be climate-resilient.

Trafigura's statement

“We are working alongside the Government to reduce sulphur limits in the local fuel specifications, to give the opportunity for Somaliland to align product specifications with regional market standards such as Ethiopia and Djibouti, which will promote cross-border trade while improving air quality in line with Trafigura’s wider ESG agenda and commitment to Africa.”


UK funded Hargeisa Bypass will have the longest bridge in Somaliland (possibly the peninsula)

In the construction phase, particular attention will be paid to climate proofing, ensuring the road is built to last.

​



Splinternet

There is also the race to secure digital connectivity between Africa and the world and reinforce interconnections within Africa. The U.S. and China are vying to control the world’s digital infrastructure through international submarine fibre cables.

Undersea internet cables represent the backbone of the global internet, carrying around 97% of voice and data traffic across the sea floor between land-based stations.


China's Peace Cable

China’s 7,500 mile long undersea cable, known as Peace Cable, will travel over land from China to Pakistan's port of Karachi and Gwadar, from where it heads underwater and snakes along for about 7,500 miles of ocean floor via the Horn of Africa before terminating in French port of Marseille




Facebook's 2Africa cable

Less than a month later Facebook's 2Africa cable lands in Berbera.

 
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