| Submit your comments on this article |
| Africa Horn |
| Puntland president worries over federal parliament bill |
| 2007-08-26 |
| (SomaliNet)The president of the semi-autonomous region of Puntland in northeast Somalia Adde Muse Hersi said on Saturday that they have nothing to do with the decisions of Somali’s federal parliament over the oil contracts with the foreign companies. Speaking to the local media today, Puntland President said he could not accept any outcome from the Somali parliament based in Baidoa that would damage the rights of the Puntland’s natural resources. “We would not abide by the resolutions of the parliament in Baidoa and Puntland has rights to decide about The president’s comment came week ago when the Somali’s premier Ali Mohamed Gedi told the press that no deal would be regarded compatible until the new legislation is ratified. He called on foreign companies to negotiate only with the interim government. Recently, the second deputy parliament speaker Osman Elmi Boqare said they had received documents from the country's senior officials over oil contracts they signed with foreign oil companies. Puntland, which is now booming economically, is growing more concern over the future decisions by the federal parliament believing that oil bill will redirect power and potential wealth away from the region. It has been involving in contracts with the with Australia's Range Resources, giving the company exploratory rights to minerals and oil reserves in region. |
| Posted by:Steve White |