somalilands oil somaliland estimates could around 14 billion to 30 billion barrles of crude with around 42 billion barrles in place and around 30 billion is extractable , source kitchens where hydrocarbons are are in somaliland prospects with key qishn fault , oil blocs such as gallol , safi daggan , xagar , and toosan are within the area , nealry the whole bloc is worth 312 billion dollars at a 80 dollar oil price , major milestones of around 100,000 barrles per day would enable somaliland to get loans of around 7 billion dollars every 3 years they make repayments and 270,000 barrle per day is the even higher loans potential of around 18 billion dollars loans for 3 years only repayment , somaliland could use loan money to build and oil money for repayments it a good idea for fast building and development , oil from the oil well , needs a well head and the derrick ie rig is removed and connected to a seperator that takes way all the water and the gas then a pump is needed called a export pump that goes towards a pipeline for storage , oil stoage in somaliland is incresing towards 400,000 barrles and likey sell from oil storage , and trade diesel for oil for thier power stations contracts are complicated where countrys ahve energy departments need contacts with oil compnay such as national oil company somalliland , penaltys for oil contracts exisit , like a country saying they dont want small amounts and the contract is over , Somaliand oil companys can be fined if non delivery occurs and it changes with a new contract with another county , example India energy governmental departments wants to buy 30,000 barrels of crude per week and new contract with a another country would pay more for the oil say 3 dollar that adds above the fine of 400,000 dollars , Somaliand would change the contract and sell oil and make a profit of 19 million in the oil sales india makes a penalty claim from its government commerce department and fines 400,000 payment and Somaliand pays and makes 19 million profit selling to Thailand oil storage at 30,000 barrles per day oil was not delivered to Thailand on the last week and thailand energy department fine somaliland 100,000 dollars for non delivery and contracts ends and then somaliland after 3 months resales to india crude of 30,000 barrles per week at 3 dollars less price and then , it highlights that oil contracts and governmental department and somaliland oil can fine contracts this would be oil trading and can be done in offices with plasma screens in skycrapers in somaliland 17 million profit would go to a new stadium in borama trading can increase revenue for oil company where fines exisit and 17 million was up for saving and can build a stadium and this oil trading for maximium revenue selling commodities