Somaliland:President of Somaliland Ahmed Sillanyo Meets With Genel Energy

[Siciid1986]

Genel Energy to Resume Oil Exploration Operations after Reaching Deal with Somaliland Government

 

HARGEISA-Somaliland President Ahmed Sillanyo met with the Executive Director of the oil company Genel Energy, Tony Hayward who arrived in Somaliland on Wednesday.

 

Genel Energy Plc (GENL), the Iraq-focused oil company run by former BP Plc (BP/) Chief Executive Officer Tony Hayward, increased its interests in fields in Somaliland. Somaliland FM Mr. Biihi Yoonis spoke to the media after the meeting ended and said that it was great pleasure to meet with the Executive Director of Genel Energy and other accompanied officials of the company.

 

The FM added that the delegation from Genel Energy showed their willing to restart the oil exploration that Somaliland struck a deal with the company. He said that on behalf of Somaliland government and its people would like to thank the great support pledged by Genel Energy.

 

Somaliland’s Mining minister Dr. Hussein Abdi Du’ale who spoke in English said that the delegation headed by Tony Hayward came to the country in order to meet with government officials having taken non-stop flight from London to Somaliland and to restate their commitment to Somaliland government. Mining minister said that the company halted its operations due to challenges and security concerns in the region.

 

There were constructive talks between Somaliland and Genel Energy culminated in Genel’s return to oil exploration operation in Somaliland to resume. Somaliland president H.E. Ahmed Mohamed Silanyo with certain cabinet ministers met with and had substantive talks and resulted complete understanding and this has brought up Genel to resume its oil operations in the country.

 

Mining Minster said that they are very pleased with to receive Mr. Hayward and his Genel team back in Hargeisa to quiet the nay Sayers. He added that Somaliland government is committed to work with Genel Energy to help, facilitate and protect this important project. Mining minister said that the government took important steps to take control of the full success of the oil exploration in Somaliland. Tony Hayward, the Executive Director of Genel Energy said that he is pleased to visit again Hargeisa, Somaliland capital and added that he came to the country with number of Genel’s officials to reassure the president and his ministerial team of that commitment to Somaliland.

 

Tony said that they invested $ 35 million and added that they intent to continue to pursue the work program here and with luck and good fortune to find oil and gas for the benefit of every one in Somaliland. Mr. Tony added that his team had constructive, substantive dialogue with the president and his ministerial team how we progress our work in Somaliland over the coming months.

 

He said that he is satisfied with agreement and the plan forward agreed and said that they look forward in continuing their work in Somaliland.

[Hawdian]

Seems promising lets hope they keep to the schedule no more setbacks .

[Tallaabo]

I hope the Genel team have not exploited our situation to extract more concessions from our government.

[Xaaji Xunjuf]

Siciid1986;986826 wrote:

Genel Energy to Resume Oil Exploration Operations after Reaching Deal with Somaliland Government

 

HARGEISA-Somaliland President Ahmed Sillanyo met with the Executive Director of the oil company Genel Energy, Tony Hayward who arrived in Somaliland on Wednesday.

 

Genel Energy Plc (GENL), the Iraq-focused oil company run by former BP Plc (BP/) Chief Executive Officer Tony Hayward, increased its interests in fields in Somaliland. Somaliland FM Mr. Biihi Yoonis spoke to the media after the meeting ended and said that it was great pleasure to meet with the Executive Director of Genel Energy and other accompanied officials of the company.

 

The FM added that the delegation from Genel Energy showed their willing to restart the oil exploration that Somaliland struck a deal with the company. He said that on behalf of Somaliland government and its people would like to thank the great support pledged by Genel Energy.

 

Somaliland’s Mining minister Dr. Hussein Abdi Du’ale who spoke in English said that the delegation headed by Tony Hayward came to the country in order to meet with government officials having taken non-stop flight from London to Somaliland and to restate their commitment to Somaliland government. Mining minister said that the company halted its operations due to challenges and security concerns in the region.

 

There were constructive talks between Somaliland and Genel Energy culminated in Genel’s return to oil exploration operation in Somaliland to resume. Somaliland president H.E. Ahmed Mohamed Silanyo with certain cabinet ministers met with and had substantive talks and resulted complete understanding and this has brought up Genel to resume its oil operations in the country.

 

Mining Minster said that they are very pleased with to receive Mr. Hayward and his Genel team back in Hargeisa to quiet the nay Sayers. He added that Somaliland government is committed to work with Genel Energy to help, facilitate and protect this important project. Mining minister said that the government took important steps to take control of the full success of the oil exploration in Somaliland. Tony Hayward, the Executive Director of Genel Energy said that he is pleased to visit again Hargeisa, Somaliland capital and added that he came to the country with number of Genel’s officials to reassure the president and his ministerial team of that commitment to Somaliland.

 

Tony said that they invested $ 35 million and added that they intent to continue to pursue the work program here and with luck and good fortune to find oil and gas for the benefit of every one in Somaliland. Mr. Tony added that his team had constructive, substantive dialogue with the president and his ministerial team how we progress our work in Somaliland over the coming months.

 

He said that he is satisfied with agreement and the plan forward agreed and said that they look forward in continuing their work in Somaliland.

This is a very important visit by Genel to Somaliland this Firm is determined that there is oil they have already invested so much we shall wait and see when they conclude their seismic explorations in the 2 Blocks Oodweyne and Saraar. The Somaliland government should on their part safe guard the interest of this firms investment for its also in the very own interest of the Somaliland republic, and its people also the security of the operation needs to be very tightened.

[spartacus]

good news to somaliland people,let's hope this will end up good way and hope gov will maintain and secure it

[Xaaji Xunjuf]