The genie is out of the bottle. Somalia is an oil giant.

Status
Not open for further replies.
This is our ticket to the Stars but extracting the resources without an agreement between FGS and Federal member states is way too risky.

Article 44 of the constitution which mentions exploration and sharing of the revenue allocated from natural resources is very confusing and didn't clarify shit.
Article 44: “The allocation of the natural resources of the Federal Republic of Somalia shall be negotiated by, and agreed upon, by the Federal Government and the Federal Member States in accordance with this Constitution.”


farmajo likes it that way, hawiye and marehan like it like that because waa langabs with our regions, galnus is nus, thats way its vague so xamar can rob us
 
That puts us third behind the sand nigggers right?


We need to start extracting asap, before oil becomes useless.

Also expect a U.S invasion soon. These guys are like dogs, where they sniff oil, they invade.

Anyways, given our population, every single one of us can be rich.

I'd give some of it for free in exchange for a beefed up National Army with modern equipment, including tanks and jets.

I am moving to Jubaland.:rejoice:
 

A_A

Islamic Fanfiction Writer
I swear to Allah if we somehow mess this up and end up worse than how we started I’m claiming Ethiopians.
 

Gibiin-Udug

Crowned Queen of Puntland. Supporter of PuntExit
Can't wait till they start digging the oil.


This will be me when they ask why I'm quitting my job.

giphy.gif
 

Crow

Make Hobyo Great Again
VIP
I think a 70/30 split between the federal member states and FGS would be fair. The oil producing state should obviously be entitled to the majority.

The oil belongs to them because unuka leh. Also the federal member states are the ones responsible for all development, security, and social services within their regions. Finally, this would be their only significant source of revenue.

Mogadishu getting a 30% cut from oil coming out of Jubaland, Puntland, Galmudug, and South West State is way more than enough for them. They would have more money than they know what to do with. They could spend it in their empty ministries and parliament, internet troll farms, and imaginary soldiers.

Everybody would be happy but I am expecting the FGS to try to take 50% or more. They negotiate in bad faith and are straight dhurwas. Whether or not we get into a conflict over this is up to them.
 
do we knwo the type of crude? i used to trade oil, is it sweet? ie like libya, sweet crude oil is cheaper and easier to refine and can give you very high octane in your car, also less sulpher and pollution, we dont want dirty oil ilike the venezuelans, nigeria is good oil too, much lighter and sweet crdue like texas, libya and nigeria,

Venezuela has more oil than saudi but quite dirty like Russia,

thus saudis can bring one barrel of sweet crude for 10$ but more expensive in venezuela,

thus crude is easier to extract, more energy dense and easier to extract,

lets hope its not like canadian oil, thats sand pit tar, liertaklly squeez the sand dry out of the oil, this destroys the lands but canada does land relcamation, good to extract when oil prices were around 150 $ but too expsnve for canda now, which is why they took hit,

jubaland is blessed by God since nabi nuux days as Ogadens do a lot of islamic studies and are religious, so i have no doubt the oil will be crude like texas sweet and not like UK Brent which is the majority of oil on earth, bitter, lower octane, less efficient and more expensive with more pollutants like sulpher,

dont just copy and paste the article, find out which type of oil we have, and jubaland oil stays with the people of jubaland, until xamar sorts out the bloody dastoor we will not share anything,
 
and Ogadeniya will compete for gas against the likes of qatar and russia, somalis waa blessed, no , somali lands are blseed but the people waa crused with xaasidnimo and cuqdad and lack of dowlad nimo and kala dambayn
 

Arma

GRAND Wizard of MJ SIXIIR
VIP
In Sha Allah wish all the best in regards to this. I for one, cant wait to immigrate back home-home to my ancestral land of Qandala, North Bari, to enjoy this great blessing Allah has blessed us with.
 
That puts us third behind the sand nigggers right?


We need to start extracting asap, before oil becomes useless.

Also expect a U.S invasion soon. These guys are like dogs, where they sniff oil, they invade.

Anyways, given our population, every single one of us can be rich.

I'd give some of it for free in exchange for a beefed up National Army with modern equipment, including tanks and jets.

I am moving to Jubaland.:rejoice:
Cheesman has a US passport and has so far leveraged the relationship ship with America to have their most important African delegate stationed in Somalia. As long as we are positioned to be America's ally in the area, similar to Israel or Saudi Arabia (even less) we'll be fine. They would be the best partner to help lift the arms embargo, sell defense and improve technology etc etc for long-term benefits. We also have our best group of Diaspora's in America.
 
I think a 70/30 split between the federal member states and FGS would be fair. The oil producing state should obviously be entitled to the majority.

The oil belongs to them because unuka leh. Also the federal member states are the ones responsible for all development, security, and social services within their regions. Finally, this would be their only significant source of revenue.

Mogadishu getting a 30% cut from oil coming out of Jubaland, Puntland, Galmudug, and South West State is way more than enough for them. They would have more money than they know what to do with. They could spend it in their empty ministries and parliament, internet troll farms, and imaginary soldiers.

Everybody would be happy but I am expecting the FGS to try to take 50% or more. They negotiate in bad faith and are straight dhurwas. Whether or not we get into a conflict over this is up to them.


30% is a lot, assuming they aren't doing anything in return for the federal states.

10% max. it adds up, it's more than enough.
 

Karim

I could agree with you but then we’d both be wrong
HALYEEY
VIP
I think a 70/30 split between the federal member states and FGS would be fair. The oil producing state should obviously be entitled to the majority.

The oil belongs to them because unuka leh. Also the federal member states are the ones responsible for all development, security, and social services within their regions. Finally, this would be their only significant source of revenue.

Mogadishu getting a 30% cut from oil coming out of Jubaland, Puntland, Galmudug, and South West State is way more than enough for them. They would have more money than they know what to do with. They could spend it in their empty ministries and parliament, internet troll farms, and imaginary soldiers.

Everybody would be happy but I am expecting the FGS to try to take 50% or more. They negotiate in bad faith and are straight dhurwas. Whether or not we get into a conflict over this is up to them.
Farmaajo is a HAG sellout if he pushes for unfair revenue sharing agreement that will favor H block administrations after his departure. 80% of the revenue extracted should go to the producing state.
 
Cheesman has a US passport and has so far leveraged the relationship ship with America to have their most important African delegate stationed in Somalia. As long as we are positioned to be America's ally in the area, similar to Israel or Saudi Arabia (even less) we'll be fine. They would be the best partner to help lift the arms embargo, sell defense and improve technology etc etc for long-term benefits. We also have our best group of Diaspora's in America.
Are you paying attention with what's happening in Venezuela now? The U.S is a big bad bully and oil is all they chase. Believe me, they will be there, probably under the pretext of fighting alshabab.
 
Farmaajo is a HAG sellout if he pushes for unfair revenue sharing agreement that will favor H block administrations after his departure. 80% of the revenue extracted should go to the producing state.


how about zero if he pushes for hag to prfit of our oil, horta why do two cagdheers and dabyacos ass kiss this useless xamar and so called government? it amazes me the loyal yall have for this failed country, just take puntland and jubaland and leave, yet you still kiss ass to the idea of a somali state that died in 1991
 

Crow

Make Hobyo Great Again
VIP
30% is a lot, assuming they aren't doing anything in return for the federal states.

10% max. it adds up, it's more than enough.
Farmaajo is a HAG sellout if he pushes for unfair revenue sharing agreement that will favor H block administrations after his departure. 80% of the revenue extracted should go to the producing state.
I agree but I saw a document Gaas signed last year that was closer to 50/50 for onshore and 40/60 for offshore with the FGS getting the majority so I am setting my expectations low.... 70/30 is the lowest I would accept but we should start negotiations with 90/10.
 

Karim

I could agree with you but then we’d both be wrong
HALYEEY
VIP
The revenue sharing agreement is critical and my viewpoints on the issue depend on which CITY is the freaking capital!. The capital is Mogadishu for NOW that's why I'm advocating for 80/30 revenue sharing agreement in favor of the producing state but I'd be happy to support 30/70 revenue sharing agreement in favor of FGS if the capital is moved to D block dominated region.
 
Also farmaajo and co better retract that free movement of people's in Africa bullshit.

I don't wanna see more economic migrant adoons in Somalia. we've got enough of them in the south, hopefully we can bribe them and send them back to tanzania or something to avoid genocide.
 
Are you paying attention with what's happening in Venezuela now? The U.S is a big bad bully and oil is all they chase. Believe me, they will be there, probably under the pretext of fighting alshabab.
Venezuela has always been an adversary of the United States since the days of Hugo Chavez. As long as the US supports you they will protect your government in a similar fashion to the Saudis. If you are an adversary of theirs they can crush your economy as they've done to Iran through implementation of sanctions. As a relatively small country with a potentially large base of resources we would benefit from having great relations with America up until we get back on our feet.
By the way they are already in Somalia under the pretext of fighting shabab and have been here for a while.
 
Status
Not open for further replies.

Trending

Top