Oil deal signed between Coastline Exploration LTD and Minister of Petroleum is fixed, 30-year-term and ‘legally valid’

[MOEMONEY]

 

[bidenkulaha]

Apparently it’s a fair oil deal but Yh I don’t see this ever coming to fruition. Like all the other oil deals we’ve ‘signed’. They never reach parliament, PM/Presidents desk

 

[Manafesto]

What I don't understand is how could the minister sign oil exploration agreement when the government's mandate is expired, doesn't that make agreement void one.

Also this company is barely new and basically a broke,on that of that they dont have any evidence of exploring oil anywhere in the world.

I am pretty sure this company is just Khayr's oil company with a new name after BBC exposed their corruption scheme.

 

[Grigori Rasputin]

Some lunatic in the government of the 4sq miles ruler of Somalia discreetly met up with a dubious oil company they press on god forsaken African countries. To their utter shock they realized Somalia’s internationally recognized gov was full of people who were ex-cab drivers. They improvised the greatest steal of the century. They bribed the minister responsible for natural resources. They got him sign it and they paid him millions. They knew there will be an uproar from the President and PM. But they also knew that they had the signature and that they can eventually force a settlement by idiot Somali gov because tiri know they have the law on their side. The guy that signed it hasn’t even being arrested or fired.

https://www.voasomali.com/a/galka-baarista-coastline-oo-sheegtay-in-heshiiskii-shidaalka-soomaaliya-uu-sharci-yahay/6535866.html

 

[repo]

5% royalty? May Allah have mercy on your souls.

 

[Woke1.4rm.Shibis]

50-50 profit split ain't bad at all but this company like @Manafesto said have no experience in this field and was created not too long ago . The government already denied signing of any deals and it hasnt went through parliament how is this company saying the deal is legally valid ?

 

[CanoGeel]

Some lunatic in the government of the 4sq miles ruler of Somalia discreetly met up with a dubious oil company they press on god forsaken African countries. To their utter shock they realized Somalia’s internationally recognized gov was full of people who were ex-cab drivers. They improvised the greatest steal of the century. They bribed the minister responsible for natural resources. They got him sign it and they paid him millions. They knew there will be an uproar from the President and PM. But they also knew that they had the signature and that they can eventually force a settlement by idiot Somali gov because tiri know they have the law on their side. The guy that signed it hasn’t even being arrested or fired.

https://www.voasomali.com/a/galka-baarista-coastline-oo-sheegtay-in-heshiiskii-shidaalka-soomaaliya-uu-sharci-yahay/6535866.html

It is the norm for African Govts to get finessed and duped into Oil and mining investment Scam by some random broke Con white trash all the time.

Check this 63er Country sign a multi Billion oil deal with non-existent Company.

US businessmen are close to exploiting Ethiopia’s oil plans in a multibillion-dollar scheme​

US businessmen are close to exploiting Ethiopia’s oil plans in a multibillion-dollar scheme

A whistleblower approached Quartz Africa after documenting numerous irregularities with the pact between GreenComm and Ethiopia’s petroleum ministry.

qz.com

 

[Nomadic lord]

 

[alien]

somalia doesnt have oil

 

[Nomadic lord]

somalia doesnt have oil

nah man we do we just don't use it

 

[Yahya]

They want our oil, they have to give us the saudi treatment. No more looting africa.

 

[repo]

Where is the guy who signed the deal? Why has he not been arrested? Whomever arrests him, Farmaajo or Rooble, will go into the annals of history.

 

[altrae]

how long has america been hunting for oil and natural resources from other countries now? it seems like thats their biggest obsession.

 

[Bagchaser]

how long has america been hunting for oil and natural resources from other countries now? it seems like thats their biggest obsession.

Why not take it from xoolos who wouldn’t utilize it?

 

[Somalia252]

Coastline Exploration CEO: