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Government snubs oil deal with US firm

Somalia’s president and prime minister banded together to cancel the agreement, just signed by the petroleum minister

Somali Petroleum Minister Abdirashid Mohamed Ahmed announced on Sunday that the country had signed a revenue sharing deal with a US oil firm. Shortly afterwards, it was denounced by President Mohamed Abdullahi Mohamed and Prime Minister Mohamed Hussein Roble, who found unity on this issue despite being political opponents.

The deal – or rather seven separate agreements for seven blocks of an offshore field – was signed with a firm from Texas called Coastline Exploration Ltd. by the Somali official. Ahmed touted it as “a victory for the Somali people,” thanking President Farmaajo, as Mohamed is usually called in Somalia, for supporting it.

The reaction from the presidency was most likely not what the minister had hoped for. After a few hours, it declared that the deal with the US firm had been canceled. Signing any deals for the nation’s natural resources during the ongoing period of general elections in the country was against a presidential degree, Villa Somalia said.

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FILE PHOTO: Mohamed Abdullahi Mohamed attends the London Somalia Conferencein May 2017. ©Jack Hill / Pool via REUTERS
President suspends PM in election row

The prime minister denounced the deal too, calling it “illegal” and “unacceptable.” Roble’s office said he will take legal action in response to the petroleum minister’s actions.

The African nation is on a difficult road to holding a long-awaited parliamentary election, which pits the president and the prime minister against each other. In December, Farmaajo even suspended Roble’s executive powers for allegedly posing a threat to the electoral process due to corruption in his office. The PM accused the president of staging a coup attempt.

The US firm involved in the new scandal is apparently the Houston-based Coastline Exploration Inc. Its website says it was founded in 2018 and advertises Somalia’s potential for oil drilling opportunities in its ‘operations’ section, citing a seismic survey conducted by another firm several years ago.

source: RT




Împotriva articolelor redacției noastre, persoanele nemulțumite pot formula Contestație în termen de 10 zile de la publicarea articolului, la judecătoria Orășenească nr. 1 München Bayern Deutschland, in conformitate cu Legea federală Germană. Considerăm că nu se pot formula acțiuni la instanțele din România deoarece nici o persoană care activează în trustul nostru nu poate fi extrasă de sub jurisdicția federală germană. Considerăm că redacția noastră nu răspunde în fața autorităților din România ci doar celor federale sau civile germane. deoarece legea română nu are efecte de extraneitate asupra redacției chiar dacă subiectul știrilor face obiectul unor evenimente sau persoane din România și sunt scrise în limba română. Limba română nu este izvor de extraneitate a legii.

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Marius Leontiuc
absolvent WEB DESIGN Academia Britanică de Comunicare Iasi - absolvent COMUNICARE IN AFACERI Academia Britanica de Afaceri si Comunicare -absolvent JURNALISM EDITORIAL - London School University - 2019 inscris la echivalare diploma la Universitatea Politehnica Timisoara - absolvent studii de Drept Universitatea Europeană Drăgan, cursuri in Drept la Universitatea de Vest Timisoara, absolvent studii de proiectare, pastor coordonator in Biserica Protestanta Evanghelica, Android Developer pe Google Play și plugin developer la Oxwall, creator de teme Wordpress și Oxwall, operator Wordpress, Drupal, Oxwall, Osclass, Moodle, tehnologii HTML și PHP
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