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Oil found =D

Laila

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BBC NEWS | Business | Riches of Somaliland remain untapped

Although agriculture is the most successful industry, surveys show that Somaliland has large offshore and onshore oil and natural gas reserves.

Apart from livestock, other exports include hides, skins, myrrh and frankincense.

Mining has the potential to be a successful industry although simple quarrying is the extent of current operations - despite the presence of diverse mineral deposits including uranium.

I know no one cares about E Africa but hey, i'm dead happy
Buy more land time?
 
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Damn another country to invade. So many countries so little military:mrgreen:
 

Most of Africa has rich natural resources. It's collecting it that's the problem.

BBC NEWS | Africa | Nigeria's gas profits 'up in smoke'
 
Natural resources have been nothing but a curse if they are simply mined and exported. To have a stable economy and government, it is crucial that a domestic industry is built to refine the raw material into a more finished product.
 
rathi said:
Natural resources have been nothing but a curse if they are simply mined and exported. To have a stable economy and government, it is crucial that a domestic industry is built to refine the raw material into a more finished product.
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Rathi brings up a good point. Merely having the resource without a full spectrum industry will almost certainly yield internal corruption and external exploitation.
 
Tashah said:
Rathi brings up a good point. Merely having the resource without a full spectrum industry will almost certainly yield internal corruption and external exploitation.
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Yeah but the key difference is that Somaliland has years to ensure that stability is ingrained ... It'll be another decade before we are recognised.

And we have a different method to dealing with corruption than the west =D
Fear ensures politicans stay on the straight and narrow
 
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RightinNYC said:
Most of Africa has rich natural resources. It's collecting it that's the problem.
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Oh i don't want it collected yet, not for another 10 years at least.
 
Laila said:
-- surveys show that Somaliland has large offshore and onshore oil and natural gas reserves--
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Is that the same offshore location where Western countries have been illegally and quietly dumping radioactive waste?

A certain irony there - especially if western divers and crew now have to go work in those same locations to explore the resources and maintain drilling equipment...
 
Our coastline has not been dumped on that much compared to Somalia who because of the complete lack of Govt. There has been a free for all
 
Infinite Chaos said:
Would you prefer the BBC or Al Jazheera?
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You're basing this on the unsubstantiated claims of Somali pirates?

Here's the only evidence I've seen that there was anything even arguably illegal happening.


Somalia's secret dumps of toxic waste washed ashore by tsunami - Times Online

If the president of Somalia contracts with companies to dispose of waste, how is that "the crime of rape against the African continent"? Sounds more like statutory rape, if anything.

I've also yet to see anything indicating that this practice didn't end in the 1990's.
 
Somalia has enough toxic waste, no need to add radioactive waste to the list.
 
RightinNYC said:
You're basing this on the unsubstantiated claims of Somali pirates?
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You have alternate local sources that you can link for me?

RightinNYC said:
-- even arguably illegal happening.
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Wow, just wow.

RightinNYC said:
--If the president of Somalia contracts with companies to dispose of waste, how is that "the crime of rape against the African continent"?
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You want me to list all the corrupt practices that US and EU companies have been involved with over Africa? I will have to ask you to "rotate" if you want me to link all the corruption in Congo / Somalia / Nigeria etc that exists and has existed.
Life's too short - either way corruption includes planning ahead to avoid or break local laws in Europe and abuse the lack of environmental laws in some parts of Africa.

From one angle - it could easily be argued that someone using bribery and backhanders (probably not illegal in America if you think dumping toxic waste on another country is "legal") to get rid of your radioactive and toxic waste isn't illegal. Sure the Somali President or other high up local officials took backhanders and allowed the dumping. However laws in Europe were broken - laws on those companies that accepted and handle waste - if not laws in Africa.

RightinNYC said:
I've also yet to see anything indicating that this practice didn't end in the 1990's.
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:doh

Let's wait on your local sources that can verify your version.
 
Infinite Chaos said:
You have alternate local sources that you can link for me?
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Why would I have to provide a link to a source saying it's not happening? That's not how it works.

Wow, just wow.
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Not sure what you found so egregious here. Toxic waste is sold to other countries all the time.

You want me to list all the corrupt practices that US and EU companies have been involved with over Africa?
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So now it went from "illegal rape of Africa" to "corrupt practices"? :lol:


Again, what you characterize as abuse, others call "commerce." I might think it would be abuse to pay someone $1/day for working in a factory, but that's what happens over most of the world. You can't just impose your values on other societies.

From one angle - it could easily be argued that someone using bribery and backhanders (probably not illegal in America if you think dumping toxic waste on another country is "legal") to get rid of your radioactive and toxic waste isn't illegal.
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Actually, we have the FCIA to regulate that. The point is that nothing I've seen in any of your articles indicates that there's currently anything illegal (or even "corrupt") going on. This happened in the 90's.

Sure the Somali President or other high up local officials took backhanders and allowed the dumping. However laws in Europe were broken - laws on those companies that accepted and handle waste - if not laws in Africa.
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Link?


Let's wait on your local sources that can verify your version.
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Again, I don't have a "version" beyond what I've already posted. You made a thinly-sourced claim, I pointed out that there's no evidence for it. If that's all you've got, then I don't know what else you want.
 
RightinNYC said:
Why would I have to provide a link to a source saying it's not happening? That's not how it works.
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We're talking about a poorly policed part of the world where illegal dumping of toxic and radioactive waste happened over at the very minimum 10 years.

There is still no real govt hence the "pirates" and you don't accept their word to Al Jazeera, Greenpeace and the UN..

You have to be kidding to have the cheek to deny it may be happening still.

RightinNYC said:
-- Not sure what you found so egregious here. Toxic waste is sold to other countries all the time.
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Yeah, hopefully to countries where there are facilities to deal with the toxic and radioactive waste.

RightinNYC said:
-- So now it went from "illegal rape of Africa" to "corrupt practices"? :lol:
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If you prefer, it's still a rape of Africa and an exploitation of lax laws.

RightinNYC said:
-- Again, what you characterize as abuse
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Greenpeace / UN / EU - either by forcing Western countries to try and take responsibility.

RightinNYC said:
-- others call "commerce" -- your values on other societies
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Yes, American values. You look at this from a market / American point of view while most of the rest of the world looks at it as corruption and exploitation.

RightinNYC said:
-- The point is that nothing I've seen in any of your articles indicates that there's currently anything illegal (or even "corrupt") going on. This happened in the 90's.
Click to expand...

Read my point above.

RightinNYC said:
-- Link?
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Now you can go rotate, your own link earlier talks of agreements and laws written in the EU and signed by various European countries to prevent further such abuse. I'm not doing your work for you.

RightinNYC said:
-- You made a thinly-sourced claim
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Yeah, that's right. BBC and Al Jazeera reports are not credible, you win.
 
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