art
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Everything posted by art
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Paragon, all previous concessions legally expired in 1999. On this basis the old concessions ahve no legal basing at all. Secondly the wetsernconcession holders declared Force majeure thus voiding their obligations to the concessions. I say to you now, there are no concessions, except what is now held by range.
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^^^^^Thank you for that,however my expertise at reading somali is non existant. Is it possible to view an english version of the charter.
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^^^^^Thank you for that,however my expertise at reading somali is non existant. Is it possible to view an english version of the charter.
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Can anyone provide me with or point me to a link that has available the puntland charter. Even the relevant articles refered to in the following news piece would be appreciated. From the Office of the Puntland Parliamentary Speaker presenting the agendas for the 16th session of Parliament, which is scheduled to officially open on June 15, 2006. The agendas Parliament will discuss in the upcoming session are as follows: - Annual budget review. - Ratification of Cabinet ministers as per Article 47.5 of Puntland Charter. - Five-year Development Plan. - Special Capital city law as per 7.2 of Puntland Charter. - District and regional boundary law as per Article 81.3 of Puntland Charter. - Cooperation law between Puntland and international aid organizations. - Ratification of agreements signed by Puntland administration, including natural resources, as per Articles 47.1 and 47.8 of Puntland Charter. - Law separating powers between federal, regional and district governments as per Article 52.5 of Puntland Charter. - Citizenship law as per Article 38.4 of Puntland Charter. - Multi-party law as per Article 12.5 of Puntland Charter. This communiqué from the Puntland Parliament is the first of its kind. Since its establishment in 1998, the Parliament has been largely inactive in Puntland politics, therefore emboldening the powers of the executive branch (Administration). The 10-point agendas represent a major breakthrough for Parliament, which is finally holding the Administration’s unilateral policies to account. http://www.garoweonline.com/2004pro/index.php?id=3619
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Originally posted by BoiBoi: Paragon, I think you should re-read the letter carefully. Ghedi wants to return the concessions to the previous title holders, as granted by "Said Barre"? So lets welcome America with open arms. That is what Ghedi is suggesting, right? BoiBoi, that is exactly what Gedi is attempting to do. US based ConoccoPhilips originally held concessions I believe in the Nogal valley, more specifically block 28. Look at the involvement of the US in Iraq. If there were no oil in Iraq, would the US be there. Now the US has involved iteslf in Mogadishu and now we see a backflip by Gedi regarding the old concessions. When Range was negotiating the agreement with the TFG it was pointed out that it would not be appropriate to do any deals with an american oil company. So if it is the americans who have precipitated the backflip, what does Gedi get oot of it. Force majeure was declared by the western companies regarding these concessions, so legally they are no longer valid. Gedi is doing a backflip on a legal agreement. Does Gedi yield enough power in the TFG to act like this? Paragon, I was not saying death is a good thing. death is never a good thing.
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codetalker, the cessation of deadly battles is of far more importance than profits. Unfortunately money and greed is often the cause of war. Regarding the Gedi letter available on Garoweonline. It is factual that Garoweonline is a melbourne, australia, based organisation. The Gedi letter it seems was made available a day before the directors of range resources received the letter. I have concerns about the authenticity of the letter considering that the directors never received the letter but garoweonline, who have offices in the same city as range resources received the ltter, even though they were never addressed as recipients of the letter.
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codetalker, the range donation to the building of the airport was only discussed about one month ago, I suggest to you that it takes more than a month to build an airport, this possibly being the reason that it is not yet complete. With regards to the monthly payments to the PL administration, these are being done by Range as agreed, Range has no control of the funds once paid. The range deal is purely an exploration deal,not a mining or oil producing deal. Once minerals ad oil of economic qualities are found then new agreements need to be drawn up.
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Puntland: Range activities deal with Korean Multinational
art replied to General Duke's topic in Politics
General Duke, like any exploration company, until they drop a drill into the ground and see the black stuff come out there is no guarantee. But range has acquired geological surveys and reports which indicate the presence of oil. If you would like I can go into detail here. -
Puntland: Range activities deal with Korean Multinational
art replied to General Duke's topic in Politics
General, I also believe that once a JV arrangement will be finalised there would be a an arrangement for the puntland authorities to receive a royalty from production. -
Maakhir, there is no point, I'm just following the direction which you started in the thread. I presented information...thats all.
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Maakhir, the mystery oiler has been announced to be the very large Korean national oil company http://www.knoc.com/
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general Duke, a debate requires two sides does it not? Just like the participants here rely on media and talk from the ground for their information, I also seek the same information. obviously an investor seeks to profit, but profit should come with ethics and I believe and hope that the investment range is making in puntland will be ethical and will be to the benefit to the people of puntland as well as to the investors.
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Miskiin, thank you for your question and I apologise if it seemed I was being deceptive. I am not somalian, and yes I am an investor, however i do not belive I have posted anything non factual or inflammatory. My intention is to get an understanding of local culture and ideaology which this forum has allowed me to do. I am open to honest debate and welcome criticism where valid and have no issue with being corrected with evidence of fact.
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somalipride thank you for your informative post. I cannot see how ranges investment in puntland can be anything but beneficial to the country which has been ravaged by anarchy and war. Any development in the country would create employment, infrastructure and hopefully some sense of order, all of which are lacking at the moment. A lot of money would be invested in the country which can only make it richer. i challanege maakhir to proposing an alternative solution to Puntlands problems.
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maakhir, who were you refering to when you said: Now, he is imploring for a settlement, sending delegation after delegation For your information Jamie freed is an expat US female based in Australia
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Codetalker, with regards to comments that Mr Povey's payments being a bribe, I'm sure that these payments must be fully transparent as all transactions being done by range are under the scrutiny of the australian stock exchange and the australian investments and securities commision. Another australian company , the australian wheat board is now thw victim of an investigation following bribes in Iraq. I do not believe it is appropriate to question the integrity of Mr Povey.
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But let's see if it works or if he [Povey] really puts his money where his mouth is code talker, I thought that Povey is putting his money where his mouth is. Monthly payments are being paid and the donation for the airport is binding by what I assume to be a legally binding contract. Without Povey's donation do you think the airport would happen?
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sorry to be a pain but can i ask for an english summary
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Thank you caamir
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Puntland Shirkada Range oo heshiis ku saxiixdey Boosaso
art replied to wacdaraha_aduunka's topic in Politics
could someone please provide an english summary/translation of the above. -
I find it most interesting that most (all) of the negative press regarding RangeResources is on Garowe.com and little is mentioned in other media outlets. Furthermore, Garowe's homepage has a big link to Farole's 5 year plan for Puntland. We are all aware that Farloes supporters were all involved in the shooting last month, and Farole was strongly opposed to Ranges' deal and he was ousted after the gun battle. Is it plausible to suggest that the negative press in Garowe has something to do with Farole?
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Maakhir, so what is being said is that Range resources presence will precipitate a war....is that correct?
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maakhir, could you please provide a summary, in english, of your last post, epsecially the part in bold writing.
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Hi Sky, I too have an interest in global matters, as your sig says "__Within Reach____Beyond Imagination__" The world is truely becoming borderless
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