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In the late 1980s, exploration concessions were held by companies including Conoco and Phillips, which have since merged; Amoco, now part of BP; and Chevron. They fled the country after dictator Mohamed Siad Barre was overthrown during civil war in 1991. The data collected by oil companies has formed the basis of interest in Somalia today. Range Resources, an oil group listed in Sydney, estimates that the Puntland province - which includes the Mudug region - has the potential to yield 5-10 billion barrels of oil. Puntland is semi-autonomous and relatively stable compared with Mogadishu, where insurgents are launching near-daily assaults on the government and its Ethiopian military backers. A reconciliation conference due to open at the weekend is expected to attract still more attacks. The government is preparing a new national oil law even though its authority across the country is limited. Its decision to grant CNOOC exploration rights in Puntland could spark a dispute with the local authorities, which have given Range Resources exploration rights elsewhere in the province. A western diplomat who follows Somalia from Nairobi cautioned that he had seen copies of three similar deals signed by the interim government in the past two years. "If there is ever enough peace and stability to allow oil to be extracted, there'll be a huge (argument over the agreements) down the line," he said. ausführlicher Artikel Original Quelle: http://theaustralian.news.com.au/story/0,25197,22079067-3637… |
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| aus der Diskussion: | Diskussion zu Range Resources Oil und Gas Produzent |
| Autor (Datum des Eintrages): | jensdab (22.07.07 17:48:15) |
| Beitrag: | 5 von 4,916 (ID:30799232) |
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