PasserBy Posted August 14, 2011 China hopes to turn Berbera into strategic trading hub BEIJING — Somaliland President Ahmed M. Silanyo arrived in the Chinese capital on Friday for bilateral talks likely to yield dozens of deals, statement said. According to a Presidential press state, the Somaliland delegation met with Chinese investors and Government representatives on Saturday. The statement said a number of topics including economic and trade cooperation, as well as mutual activity were discussed. It added Somaliland, Ethiopia and China are expected to sign trilateral agreements on gas, oil and logistic deals in the days ahead. Just last month, Hong Kong-based PetroTrans Company Ltd signed a deal with the Ethiopian Government to purchase gas and oil over a 25 year period. The Chinese company will invest close to $4 billion in developing oil and gas reserves in blocks 3 and 4, 11 and 15, 12 and 16, and 17 and 20 in the ****** region. John Chine, chairman and president of PetroTrans, told reporters in Addis Ababa that his company plans to build oil and gas pipelines from the ****** basin to the Somaliland sea port of Berbera. He revealed they will also build processing facilities in the town over the next three years. Today, the Somaliland government re-echoed Mr Chine’s words– finally revealing that China will export oil and gas finds from Berbera. They added as well as building these key infrastructure for gas and oil, the Chinese government has given the green lights to expand the port. They said once completed the port will be able to serve the entire East African region. Berbera port sits on a strategic location at the mouth of the Red Sea and at the center of Asia, Africa and the Middle East. The Government in Hargeisa might lease it to Hong Kong-based Hutchison Port Holdings (HPH). The Ethiopian Shipping Lines (ESL) might also become one of the main shareholders. ESL announced this week that it has placed an order for nine additional vessels from China at a cost of $293 million. The vessels might be used in Berbera. The port is expected to become the main port of Somaliland and Ethiopia, a landlocked nation ever since its former territory of Eritrea declared independence. Somaliland believes if Berbera is managed by China, it will exceed its rival neighbor Djibouti once given a full face-lift since 90 percent of goods in Africa are from China. Road and rail networks that will connect Berbera to Ethiopia and other key infrastructures and networks in the region will be part of the project. The statement finally said Somaliland, Ethiopia and China will sign the agreements in well organized reception in the Chinese capital. It is not clear if the Ethiopian Prime Minister Meles will sign on the Ethiopian side. He is currently in China as well to attend the opening ceremony of the 26th Summer Universiade in Shenzhen. “The project, the biggest investment in the country yet, is anticipated to contribute significantly to the country’s social and economic progress,” the statement said. Experts believe Berbera port will become an important trading hub for Chinese traders in the region. It could provide services as both a transit port for the region and an international transshipment and refueling center. Quote Share this post Link to post Share on other sites
Valenteenah. Posted August 14, 2011 Sheekoy sheeko, sheeko xariir ah... We'll see what emerges from these 'talks' lala cararayo, although I believe ineyna waxba ka jirin. Quote Share this post Link to post Share on other sites
PasserBy Posted August 14, 2011 Southern Somalis should be happy that Somaliland may finally attain an economic clout in the region. Somalis need to stop this zero sum game they have been playing for the last 2 decades. It hasn't benefited any one in the region. The mind set that Somaliland has to bleed to make southern Somalis happy or Xabashis have to bleed for Somalis to feel good about themselves is medieval in thinking .It has no place in the 21st century. Quote Share this post Link to post Share on other sites
Valenteenah. Posted August 14, 2011 There's been enough bleeding. No one needs to bleed for anyone else to be happy about it. However, injustice and looting - who can put up with that? 21st Century or not, dhac waa dhac. Sorry Xabashi, but there will be no Somali Gas for you. Quote Share this post Link to post Share on other sites
Dabrow Posted August 14, 2011 PasserBy;740527 wrote: Southern Somalis should be happy that Somaliland may finally attain an economic clout in the region. Somalis need to stop this zero sum game they have been playing for the last 2 decades. It hasn't benefited any one in the region. The mind set that Somaliland has to bleed to make southern Somalis happy or Xabashis have to bleed for Somalis to feel good about themselves is medieval in thinking .It has no place in the 21st century. passerby the Ethiopian on somali forum without Hiding It. We all know what kind of game ethiopia has played for the last 2 decades. Genocides has no place ion 21st century and you are talking about bleeding? You are anti-logic. Somalis feels good about themselfes when somali gas and oil befenits its own people. This chinese gas company is warned and not to signed any agreement with the genocide state of Ethiopia. Quote Share this post Link to post Share on other sites
Dabrow Posted August 14, 2011 Source: " somalilandpress" this says it all. Quote Share this post Link to post Share on other sites
Som@li Posted August 14, 2011 ^any no mention of this in any of the chinesse press? this is mirqaan at its max Quote Share this post Link to post Share on other sites
Jacaylbaro Posted August 15, 2011 Great stuff .... Quote Share this post Link to post Share on other sites
Abdul Posted August 15, 2011 Great stuff from 'somalilandpress'. Quote Share this post Link to post Share on other sites
Jacaylbaro Posted August 15, 2011 Yes, and not from Dayniile ... Quote Share this post Link to post Share on other sites
A_Khadar Posted August 16, 2011 Where is Oday Siilaanyo? Quote Share this post Link to post Share on other sites
