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Don't forget the abject poverty in this part of the world....

  1. 325 Posts.
    Don't forget the abject poverty in this part of the world. Farole is desperate to get income into the Puntland coffers. He needs the dollars generated from oil, gas and mineral exploration and production. He will do all that is necessary to get this show on the road.
    I don't think you have to worry about Conoco-Phillips. They have stated and reported that they have written off their Puntland plots. Also remember Range spent 600,000 pounds on legal opinion on the force-majeur and the validity of their Puntland agreements.
    The USA and their associated companies do not do business with Somalia after black hawk down. It will take a huge shift to turn that around.
    Farole knows that the country needs money desperately for infrastructure and services. No better way than petro dollars.
 
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