Somalia has nullified Somaliland’s oil agreement with Taiwan.
Awale Kulane, Somalia’s Ambassador to China, termed as “fake” the recent deal between CPC Corp and Genel Energy PLC.
CPC Corp is a Taiwanese firm while Genel Energy PLC is a British company.
The two firms signed an agreement that secures 49 percent interest of SL10B13.
SL10B13 is an oil block in Somaliland.
According to Ambassador Kulane, the agreements between CPC and Genel are “fake and null.”
He insisted that Somalia would not honor any deal Taiwan signs with Somaliland.
Further, he termed Taiwan’s dalliance with Somaliland “unhelpful and unproductive to Somalia.”