Old_Observer Posted September 21, 2019 Egypt sold Gas to Israel at $1.5 where as Japan was buying at $12.5 and Germany was buting from Russia at $10 Money Egypt lost during those years 11 billion clear money after all costs paid. Egypt was selling its Gas to Israel and importing for its Electricity generation at 10 times the price it was selling. Egypt will now import from Israel, the reason Sissi came to power Egypt will have to pay 20 billion dollars to Israeli, Spanish and Egyptian intelligence and ex-minister fahmi for lost business while Mursi attempted to fix the inhumaine, unfair, ripoff of Egypt. Do you know what Khyre has promised his earlier employers and friends? Do you know what Farmaajo may have promised American oil companies that caused the 90s destruction of Somalia and some of them like Conoco still have contracts? The way Mursi was overthrown and murdered is to be a lesson to anyone who attempts to give Egypt its dignity as a society. The oil and gas companes are ruthless. They have all western politicians working for them and those that refuse will be blackmailed, cowered to resign or be jailed humiliated. Do you remember where Egyptian generals advising Mursi to take military action against Ethiopia and the video was leaked? Now the Generals are in power but GERD is continuing and Sissi, Abiy, Afwerki are under same umbrella of Arabs and Israel. Quote Share this post Link to post Share on other sites
galbeedi Posted September 21, 2019 Natural gas here in Alberta is $1.20 in September. Natural gas never surpassed $3 dollars for the last ten years. Anyway, with large population Egypt needs gas for electric generation and should not be exporting any gas. Mr OO, The Halane guy actually said that despite the parliament passing some rules on petroleum , Somalia doesn't have any rules to govern the oil. He said major players will not enter unless clear cut rules about royalty and taxes are set. Regardless , we have to drill and get the oil out. If the gulf saga continues " Safe" countries like Somalia has to replace them, and replace quickly before the oil industry becomes obsolete 2035. Just like Abiy said, Ethiopians will come to work for us In Somalia. Quote Share this post Link to post Share on other sites
Old_Observer Posted September 21, 2019 10 minutes ago, galbeedi said: Natural gas here in Alberta is $1.20 in September. Natural gas never surpassed $3 dollars for the last ten years. Anyway, with large population Egypt needs gas for electric generation and should not be exporting any gas. Mr OO, The Halane guy actually said that despite the parliament passing some rules on petroleum , Somalia doesn't have any rules to govern the oil. He said major players will not enter unless clear cut rules about royalty and taxes are set. Regardless , we have to drill and get the oil out. If the gulf saga continues " Safe" countries like Somalia has to replace them, and replace quickly before the oil industry becomes obsolete 2035. Just like Abiy said, Ethiopians will come to work for us In Somalia. I mix them from time to time when ever the issue seems to be just regional one. No bad intentions or hard feelings. In the current situation my reasoning is most of the time based on enclaves rather than countries. Since the enclaves have separate impacts on the issue at hand. Example: Mugadishu or Kismayu are not going to loose sleep over this new port, but Hargieza and Djibouti would. At this point it may even be not important if the project is not finalized, but there will be a lot of construction activity and also some port facility as you said for fishermen..and that is better than having a deep almost natural port sitting there doing nothing. Quote Share this post Link to post Share on other sites