Türkiye aims to drill for oil off Somali coast next year

[Three Moons]

Its lowkey depressing seeing you guys happy, With the current government wlhi we would be lucky if we even saw money outside of Politicians Pockets.

Then this obviously gonna lead to the Obvious which is People get mad, rebelions then the government either destablizes again or goes full on djiboutian mode.

A badly run hospital is still better than no hospital at all. Similarly a badly run oil industry will still have a huge positive domino effect on the wider Somali economy. Every single major OPEC country had significant corruption and bribery in their early days, but with higher standards of living, and with new generations of rulers and governments, came better domestic expertise and a more equal distribution of wealth. The incompetent HSM government is still infinitely better than the black hole of the 1990s, and he will be gone in 2026 but the infrastructure for an oil industry will still be there.

As an ethnostate connected on every level from coast to coast, there is no way the extracted resources don’t eventually disperse themselves across the Somali peninsula through trade, jobs, and major projects. This is already happening without the oil. You should definitely welcome this news, because this is one of Somalia’s aces that will allow it to leapfrog its neighbours and the rest of the continent.

 

[Wonyluvr]

Are you part of HSM's family?

If you are then you will be rich.

If not.....then you will stay poor!

I’m joking

 

[EritreanPost_]

The Ethiopian Enanenew won’t be happy about this. They won’t be happy seeing somalia rise. Somalias oil wealth will help to strengthen Somalia.

Somalia will become wealthier, Somali will be able to fund and build up a strong army.

somalis from all clans will likely come together.

Somalia will get deeper security ties with many nations in the world.

Somalis outside of Somalia will get in board with Somalia.

Galbeed that has its own oil wealth and the highest birth rate in Ethiopia, they will be also getting on code with Somalia.

 

[Farah717]

All that money will go into the corrupt politicians/family ill be surprised if they spend atleast 1mil actually developing the country.

 

[Hotchick12]

All that money will go into the corrupt politicians/family ill be surprised if they spend atleast 1mil actually developing the country.

That corrupt family need a strong army to protect them, even Nigeria has a strong army, so in order to keep that money, that family needs to invest the security of the country

 

[Hotchick12]

What is oil going to change? If you give a crackhead a million dollars what do you get? You get a crackhead with a million dollars. Probably a soon to be dead crackhead.

The FGS will finally have enough rope to hang themselves. No one knows what they will with all that money do but it will be something monumentally stupid.

I’m afraid they will use that money to pay amison instead of building a strong Somali army

 

[Hotchick12]

This is Guyana oil deal, we got 50 percent and that 2 percent gave Guyana 50 percent gdp growth, that amount of money hsm cannot launder the western banks won’t let him, even gadafi spent it on his country whilst his family lived in luxury, hsm is beholden to the internationals and also Saudi family with their absolute power don’t hold the money to themselves

 

[Hotchick12]

When turkey starts drilling and producing the first oil, those western companies that keep renewing their oil licence in Somalia will come running and that’s when fgs has a upper hand on making a resource sharing deals and will not get a 2 percent pitiful royalty but at least 50 percent

 

[Hotchick12]

https://x.com/tuncdemirtas/status/1781615623325253993?s=46&t=rNaucfw8kgNSu5MQodPpdQ