Monday, 6 October 2014

Ghana files arbitration suit over border dispute with Ivory Coast

Ghana has taken legal action under a U.N. convention to resolve a maritime border dispute with Ivory Coast over water close to oil fields licensed by British firm Tullow Oil.

Ghanaian Attorney General Marrieta Brew Appiah-Oppong who briefed the press on September, 23, 2014 that said oil companies could continue to operate during the arbitration process, which could take up to three years.

Ghana filed the suit under the U.N. Convention on the Law of the Sea after 10 bilateral meetings failed to resolve the issue, she said. The two countries have never officially agreed on the boundary and their maps of territorial waters overlap.

A resolution is crucial for oil and gas exploration and it could end any uncertainty for Tullow, which first discovered the Tweneboa, Enyenra, and Ntomme (TEN) cluster development in 2009 in Ghana's Deepwater Tano license close to the disputed area. Read More....


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