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Somalia wants Russian companies to develop national hydrocarbonresources

Interfax
Wednesday, August 22, 2007

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Moscow (Interfax) - Somalia has urged Russia to join the development  of  national  deposits  of  hydrocarbons and offered Moscow exclusive uranium shipments. 

"We  invite  all  Russian  oil and energy companies to take maximum part in  the  work  under way in Somalia," Somalian Ambassador to Russia Mohamed Handule said at a news conference in Moscow on Wednesday.

Somalia's  draft  law  on  the  utilization  of  subsurface mineral resources  will  ease  operations  by foreign companies considerably, he said.

Somalia  also  wants  to  cooperate  with  Russia  actively  in the radioactive materials sector, the diplomat said.

"We  want to offer uranium shipments to Russia first and foremost," he said.

Handule  said  military-technical  cooperation could become another promising  aspect  of  cooperation, primarily Russia's role in upgrading Somalia's weapons.

"It  would be easier for us to deal with Russia in this sector," he said.
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Source: Interfax, Aug 22, 2007