Monday, February 4, 2008
The Different Approaches of Trade and Petroleum Exploration Companies between Somaliland and Puntland
Somaliland Page Blog.
February 3rd, 2008
Toronto, Canada.
Since the disintegration of what used to be called greater Somalia faded for the last 17 years. Now the Somali Transitional Government is left with a hard ball to play with fighting insurgents and local citizens against the foreign intervention of Somali Affairs.
The breakaway Republic of Somaliland had a peaceful and stable government with two elections successfully executed and two more election on the way this year 2008.
When Somaliland announced the Breakaway from the rest of the country in 1991 there ware a lot of people specially non Issak from the eastern regions of Somaliland who opposed the idea and didn’t like the breakaway, so they formed the Daarood Clan summit in Garowe to Form and creation of the State of Puntland.
Now the pro Puntland and supporters of Abdillahi Yusuf the president of the newly formed state of Puntland, they become strong advocates and anti Somaliland. Puntland was formed to destabilize Somaliland to create a wave of political crisis. for the quest of Somaliland in search of recognition and statehood.
When Abdillahi Yusuf became the President of Puntland he dealt with lot of political opponents within his clan and the Islamist groups which he is still fighting till today. He was having problems of financial difficulties that he has to sort them out by any means. Therefore he was selling fishing license to the International Fishing vessels and they have to pay him directly to his accounts in over seas Banks. Second he authorize the Port of Bossasso to be subjected to low taxations of bulk goods to all imports and all the income should be reported to him directly.
On the Other hand in Somaliland the port city of Berbera was a ghost town no imports and the taxations were very high that even Somaliland Importers went to Bossasso with their imported goods between the Gulf and Somaliland. Things went that way for about until 2006. Then the Ministry of Finance did some overhauling to the tactics of clearance and customs offices in Berbera, so they amalgamated several offices into one location to make it easier for the importer. Still the importers are not happy because nothing was changed about the higher taxations and the local government authorities’ dealings and behavior with their customer. Now the Somaliland traders are going to Djibouti for quicker state of the art equipment for large shipment to be offloaded from the ships. The point is the goods are trans-shipments going to the Ethiopian market so Berbera can’t compete then they have to wait to be labeled and scaled the port of customer torture in the Horn of Africa.
All foreign investments are going to Djibouti it doesn’t have to be that you are not recognized and you can trade with the Global market with your local products. If you are willing and ready to trade product and services for the competition of free market you ought to be positive in achieving your goals.
• You must upgrade the port services and the equipment
• You must lower the taxes and encourage the shippers
• You must train the customs employees to be fair and helpful to the clients and encourage them to be nice
• The complaints must be respected and resurrected
• The Clients and port authorities must have a common goal
Oil Explorations and government tactics.
All Companies interested in Oil Exploration in Somaliland know very well they are talking to deaf Ears, if the company is legit and has a track record and still accepts all conditions pertaining to contracts that you are not a recognized state. But we are making the choice of drilling in an area where no former petroleum companies has never set their feet’s on. The block where you think we can assist and we are coming with a full gear of equipment just give us the Authorization. I guarantee you with the current regime you can’t convince them because nobody Knows what they want.
In Puntland you bring the devils with bad intention and you got a deal bring them to the table and the first question is what’s in it for me. That’s how range resources of Australia came to Puntland the company is known as an economic hit man that trades with corrupted third world and developing nations. Africa Oil formerly known as Canmex resource can’t register their company as petroleum company in the Toronto Stock exchange it’s the product of Range Resource and the one man one Drilling machine with photo’s in no mans land. They will make million of dollars in selling stock in the Hit and run market as 1 cent to the stock Market in January 2008 to $ 1.15 cents in the beginning of Next year 2009 by selling millions of shares to Australia, Vancouver Canada stock market which is the Bogus companies market it’s well known and Europeans same market.
The only advantage this people got is that the Global demand for oil will increase as the same way the Price of Crude Oil increased by 70%.
In China, India and Africa the Consumption of Oil will increase by whopping three folds which’s 25% in 2008.
Mr. Gaagaab minister of Finance of Puntland and Adde Mouse Nephew made
From this deal $ 1.5 million Commissions by making Abdillahi Yusuf sign the Deal in Baydhabo. The TFG will not see a one cent the rest goes to Abdillahi Yusuf and his medication in England.
Africa Oil and Range will split $15 Million Dollars and the Prime Minister can’t even talk about it. He is not like Geddi who was putting the money away nor Atto.
He is the kind of person Abdillahi Yusuf was looking for long time among the Hawiye leaders as a Yes man.
This guys some how they are turning the wheel with corruption and greed to collect wealth. While in Somaliland if the best Oil Explorers with good intention come to Hargaisa willing to make an honest deal straight to the Government and hit the Ground to Pump Oils Left and right and sell crude Oil to the Global market. (I wish that to happen)
I know some how they are not ready for it this regime is the worst I have ever seen. Yes you are keeping the army with out ranks and you celebrated yesterday with them the 14 Anniversary of Somaliland Army, and you are wanting an Air force how can you say that if you didn’t satisfy the first battalion with recognition and medallions.
You are missing lot of points in Good governance and I hope the next wave of leaders are coming to rise to reward the national army with ranks and medallions, to sign the Petroleum explorations Contracts so Somaliland can sell to the global market and build highways that connect Erigabo to Wajale.
So the Children of the Mujahidin of Somaliland can attend universities and scholarships to be well educated.
I do not know what’s keeping away from the resources, that god gave us to be undiscovered. Not even attempting to deal with the international market.
God bless Somaliland and all Somalilanders inside and abroad
Abdinasir M Abdilleh
Toronto Canada.
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