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May 23, 2011

Somaliland President Revokes Total License to Manage Oil-Storage Facility


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Somaliland President Revokes Total License to Manage Oil-Storage Facility

Somaliland revoked Total SA (FP)’s license to manage an oil- storage facility at the port of Berbera after it failed to import fuel into the country for the past two years.

The government of Somaliland will take over management of the facility with immediate effect, President Ahmed Mohamud said in a decree yesterday in the capital, Hargeisa. Florent Segura, a spokesman for Total, wasn’t immediately available to comment when called today in Paris.

The edict was issued after Somaliland’s parliament refused to ratify an agreement between Total and the government, according to the statement from Mohamud. Total took over management of Berbera port’s oil-storage facilities in January 2000, Jamhuuriya, a Hargeisa-based media group, reported in 2000.

Somaliland, a former British colony, declared independence from Somalia in 1991 after the fall of dictator Mohammed Siad Barre. While no country has yet officially recognized its independence it has remained largely free of the clan warfare, kidnappings and assassinations that have plagued Somalia.

Mohamoud Ali Mohamed

Bloomberg.com:- http://www.bloomberg.com/news/2011-05-23/somaliland-president-revokes-total-license-to-manage-oil-storage-facility.html

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