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Somalia Says Range Resources Mineral And ‎Oil Rights Deal Is Invalid
ISSUE 196
Front Page
Index

Headlines

US Assistant Secretary Of State For African Affairs Praises UNISA Engagement With ‎African Countries Such As Somaliland

Security Forces Close Down Borama’s Private Radio Station

Ruling Party Shown Winning Parliamentary Vote

Ethiopia Technical Team Visits Berbera Port

US State Department Meeting Recommends Stronger Engagement With Somaliland

Somaliland: CIIR's Election Observers Release Interim Report

Seminar On Somaliland Between ‎Yesterday And Tomorrow

Health

 

International News

Pirates Hijack Ship Off Somalia

Resume Dialogue, Annan Urges Leaders

Swedish Police Release Former Somali ‎Militiaman Accused Of War Crimes

Police Brutality, Arbitrary Decrees And Filthy Prisons ‎Make Puntland A High-Risk Region For The Press  

Somalia Says Range Resources Mineral And ‎Oil Rights Deal Is Invalid

Yemen: Somali Migrants Defy ‎Smugglers, 21 Dead

World Poets' Tour - October 2005‎

Too Many Guns, Too Little Food In Somalia

War Blamed For Spread Of Desert In Somalia

Somali Anger Over Swedish Arrest

Race Bullies Rule The Roost In Classrooms

Abdillahi Yusuf’s Transitional ‎Government And Puntland Oil Deals

FEATURES & COMMENTARY

A GREAT STEP FOR SOMALILAND

Nursing Wounds, Somali ‎Enclave Dreams Of Nationhood

UNBROKEN CHAIN "Gaariiye in UK"

People

 

Editorial & Opinions

The Latest Assault On The Independent ‎Media

Letter To Faisal Ali Waraabe

Somaliland Seeks World Recognition‎

What Are The Prospects Of Investing ‎In The Federal Republic Of Somalia

If Qaybdiid is culpable of crimes of genocide, ‎So are Yusuf and other Somali Warlords

In Response To The Article Titled” The Better Memo ‎To The Canadian Premier Minister Paul Martin.”‎

 

Sydney, Australia, October 18, 2005 (Resource Investor) – Somalia’s government has raised concerns with ‎the Australian Stock Exchange over a mysterious deal involving a small Perth company, Range Resources ‎Ltd, that claims it has secured the exclusive mineral and oil rights over a large slice of the country.‎

In a letter to the ASX obtained by The Age, Somali Prime Minister Ali Mohamed Gedi said the deal with the ‎regional government in the eastern Somali state of Puntland was invalid because only the country's ‎transitional federal government had the power to negotiate the sale of mineral and oil rights.‎

‎"We understand that this event, if not stopped on time, will have an impact on Range Resources Ltd and the ‎market of the Australian Stock Exchange and we ask you as a matter of urgency to inform your market of ‎this event," the letter says.‎


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