Somalia says will not cancel new oil contracts
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Somalia says will not cancel new oil contracts

Mogadishu : Somalia | Oct 12, 2012 at 10:13 AM PDT
Source: Turks and Caicos Free Press
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Somalia does not plan to nullify oil and gas exploration contracts made in recent years in favour of those that were signed prior to the toppling of the government in 1991, a senior state official said on Friday. There are concerns by investors that deals signed by companies in Somalia could be affected... FULL ARTICLE AT Turks and Caicos Free Press
 
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