Saturday, February 25, 2012

Britain Exploring Somalian Oil Drilling Rights

It is reported that Britain is secretly attempting to obtain oil drilling rights in Somalia. In exchange for the rights, Britain will provide humanitarian and security aid to a nation that has been the victim of poverty and corruption for the past two decades. Standing in the way are al-Qaida backed terrorists who refuse to allow any Western influence obtain the oil. All of this is now coming after the Canadian Oil company Africa Oil began drilling in the Puntland region of Somalia after nearly two decades of inactivity in the region. Puntland is a dangerous location as it is home to al Shabaab, however, the group is reported as weaking as they continue their fight with African Union troops. Africa Oil reports that it will begin to extract the oil from the region within twenty to thirty days.,

By:Tyler Lundquist
http://worldnews.msnbc.msn.com/_news/2012/02/25/10508412-britain-reportedly-joins-dash-to-explore-for-oil-in-somalia

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