Somalia Oil Conference is next week in London

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They are slowly recovering.

Baghdad:

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Arabs
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Bantus
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Somalis
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Reer 68 :tocry:
 
Something is really wrong!
Everyone wants to be a millionaire, none of them want to help the country out of poverty. I'm sick of these people. As corrupt as the gulf arabs are they enrich themselves and their people. Our imbecile leaders only think of their stomachs and cant think past today. I don't know how anyone can have hope in somalia.

Whats wrong is there is nothing going on upstairs. Look into the face of every somali politician and you see a vacant expression
 

Tukraq

VIP
Any1 attending on t


412 million? That’s a rip off!
I could hit the lotto and out bid these oil prices how are countries only offering in the millions
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should be in the billions range, and if the more than UAE rumors are true we should be talking near trillions:farmajoyaab: when I heard the china sea deal for a million I knew something was up, I could literally take a million dollar loan from the bank buy or sea rights and resell it them for 50 times the price:farmajoyaab: farmaajo has to be one of the worst negotiators ever:mahubowtf:
I don't know how team nabad iyo nolow supports this guy, its getting beyond qabil,:shookgabre:
I wouldn't even support these deals if he were my father:faysalwtf:
 
I could hit the lotto and out bid these oil prices how are countries only offering in the millions
hqdefault.jpg

should be in the billions range, and if the more than UAE rumors are true we should be talking near trillions:farmajoyaab: when I heard the china sea deal for a million I knew something was up, I could literally take a million dollar loan from the bank buy or sea rights and resell it them for 50 times the price:farmajoyaab: farmaajo has to be one of the worst negotiators ever:mahubowtf:
I don't know how team nabad iyo nolow supports this guy, its getting beyond qabil,:shookgabre:
I wouldn't even support these deals if he were my father:faysalwtf:

Bro this can’t happen. We must at least receive trillions of dollar or otherwise no deal!
 

Crow

Make Hobyo Great Again
VIP
Guys I did research and found something interesting.

https://app.vanmeursenergy.com/documents/free/68401001.pdf
Nice find.
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I'll be honest, it's not nearly as bad as I was expecting.
:ohhh:
Considering the threat of piracy and terrorists, as well as the political instability of the country, it makes sense that the rates would be a bit lower than Egypt and Indonesia. Mexico and Brazil show us how bad it could have been.

The rate isn't everything however. Look at Angola's high rate. The country is still poor and getting robbed by China.

The report was authored by this guy:
Dr. A. Pedro H. van Meurs serves as Chief Economic Advisor to the Kuwait Oil Company with regard to determining fiscal terms for the North Kuwait oil fields. Dr. van Meurs has provided petroleum consulting services for 34 years in or with respect to 70 countries around the world. He has been involved in developing oil and gas legislation and regulations for dozens of these countries. Dr. van Meurs has also been a key economic advisor on major projects, such as the Alaska Pipeline Project and Newfoundland's offshore activities. He has also advised corporations, such as China's CNOOC. He has been a Member of Technical Advisory Board of Realm Energy International Corporation since 2011 Dr. van Meurs has published two books on petroleum economics and publishes the overviews "World Fiscal Systems for Oil" and "World Fiscal Systems for Gas". Additionally, Dr. van Meurs facilitates the course, World Fiscal Systems for Oil and Gas, on an open access basis in London, UK, and on an in-house basis for governments and corporations
https://www.bloomberg.com/research/...reviousCapId=378079972&previousTitle=Fracture ID%2C Inc.
 
Nice find.
View attachment 64681
I'll be honest, it's not nearly as bad as I was expecting.
:ohhh:
Considering the threat of piracy and terrorists, as well as the political instability of the country, it makes sense that the rates would be a bit lower than Egypt and Indonesia. Mexico and Brazil show us how bad it could have been.

The rate isn't everything however. Look at Angola's high rate. The country is still poor and getting robbed by China.

56% - 64% is potentially not a rip off tbh! We should be happy if shell, bp are willing to invest!
 
Bro this can’t happen. We must at least receive trillions of dollar or otherwise no deal!
Fake news! Or i will assassinate someone! Just wait till you hear the results. If it fucks us over someone will have to pay with their lives. I agree just a tiny bit of faith in this administration. If they f*ck us over then i will stage a coup and ban Odays from elections.

cef08c0d7ac030f9016bfe8529e96a71--railroad-humor-railroad-wife.jpg
 
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Tukraq

VIP
Fake news! Or i will assassinate someone! Just wait till you hear the results. If it fucks us over someone will have to pay with their lives. I agree just a tiny bit of faith in this administration. If they f*ck us over then i will stage a coup and ban Odays from elections.

View attachment 64684
I have no faith after the one million dollar exclusive coastal deal that nabad iyo nolow we’re defending, I could really take a million dollar loan and buy the coast myself:mahubowtf:
 
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