end of July should be interesting. Somalia: Puntland leader meets oil company executives 24 Jul 24, 2009 - 10:00:28 AM
DUBAI, UAE July 24 (Garowe Online) - The president of Somalia's Puntland regional autonomy, Dr. Abdirahman Mohamed "Farole," has held a meeting with executives from oil companies while in Dubai, Radio Garowe reports.
A press release issued from the Puntland President's Office stated that President Farole and members of the delegation met with executives from Range Resources, Ltd., and Africa Oil Corp.
The meeting took place on Wednesday at Millennium Hotel, where Africa Oil executives did a presentation for the Puntland government delegation, including Interior Minister Gen. Abdullahi Jama "Ilkajir" and Petroleum and Minerals Director, Isse Mohamud "Dholowa."
President Farole [left] and Gen. Muse, ex-Puntland leader Gen. Mohamud "Adde" Muse, Puntland's former president, was also present at the meeting with the government ministers and oil executives.
President Farole, who won an election in January, has promised that oil contracts will be reviewed by experts before the Puntland administration can move forward with oil drilling.
Then-President Muse signed an agreement with Australia-based Range Resources in Aug. 2005. That agreement has undergone several phases and Canadian explorer Africa Oil signed a joint-venture deal with Range in Jan. 2007.
President Farole's delegation has visited Washington, D.C., Minneapolis and London, before returning to Dubai ahead of an expected stopover in Djibouti.
The Puntland delegation has held important meetings with government officials in the U.S., the U.K. and the U.A.E. The delegation has also attended community events in all four cities visited during this trip.
Located in northeastern Somalia, Puntland considers itself part of a future federal Somalia.
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