Kauri
E/W Learner
- Joined
- 3 September 2005
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Re: RRS Range Resources- Nickel Heaven?
Djibouti, August 30, 2005 - Prime Minister Ali Mohamed Ghedi told reporters in Nairobi foreign firms should now deal exclusively with the new Transitional Federal Government (TFG) of Somalia. Somalia's fledgling government said on Sunday it should be ready to start offering oil, gas and mineral concessions "in a few months" -- but sternly warned foreign firms from dealing with the wrong people.
The Horn of Africa nation's resources were attracting attention from the West, including major oil producers, before it descended into chaos in 1991 with the toppling of former dictator Mohammed Siad Barre.
In the 14th bid to re-install central government in Somalia, the TFG was formed last year in the relative security of neighboring Kenya and is now trying to set up at home, hampered by internal divisions and the continued power of warlords.
Gedi cited the case of an unnamed Australian-led joint venture that he said had offered some advances to authorities in the northern region of Puntland for oil and gas exploration. "Foreign companies/investors should stop their attempts of dealing with local administrations/authorities like in the case of Puntland State of Somalia without prior consent from the Transitional Federal Government," he said in a statement.
"Any violation of this statement will result in negative consequences and the external and/or internal culprits will take the responsibilities on their shoulders."
Somalia lies across the Gulf of Aden from the Arabian peninsula and next to Ethiopia's Ogaden region, which has proven reserves of natural gas.
Djibouti, August 30, 2005 - Prime Minister Ali Mohamed Ghedi told reporters in Nairobi foreign firms should now deal exclusively with the new Transitional Federal Government (TFG) of Somalia. Somalia's fledgling government said on Sunday it should be ready to start offering oil, gas and mineral concessions "in a few months" -- but sternly warned foreign firms from dealing with the wrong people.
The Horn of Africa nation's resources were attracting attention from the West, including major oil producers, before it descended into chaos in 1991 with the toppling of former dictator Mohammed Siad Barre.
In the 14th bid to re-install central government in Somalia, the TFG was formed last year in the relative security of neighboring Kenya and is now trying to set up at home, hampered by internal divisions and the continued power of warlords.
Gedi cited the case of an unnamed Australian-led joint venture that he said had offered some advances to authorities in the northern region of Puntland for oil and gas exploration. "Foreign companies/investors should stop their attempts of dealing with local administrations/authorities like in the case of Puntland State of Somalia without prior consent from the Transitional Federal Government," he said in a statement.
"Any violation of this statement will result in negative consequences and the external and/or internal culprits will take the responsibilities on their shoulders."
Somalia lies across the Gulf of Aden from the Arabian peninsula and next to Ethiopia's Ogaden region, which has proven reserves of natural gas.