Saturday, 25 April 2015

Ghana gets a go ahead by court to continue oil exploration.



Ghana has been given a procced permit to continue oil exploration activities at a disputed maritime boundary dispute between it and Cote d’Ivoire.



The International Tribunal for the Law of the Sea (ITLOS) in dismissing Cote d’Ivoire’s call for the suspension of activities on the disputed maritime boundary until the final
determination of their disagreement over the boundary – held.that work can go on uninterrupted.


The Attorney-General and Minister of Justice, Mrs Marietta Brew Appiah-Opong and the Minister of Petroleum and Energy,
Mr Emmanuel Armah-Buah, Ghana’s lead international lawyer, Professor Philippe Sands, Ghana’s Ambassador to Germany, Ms Akua Sena Dansua and Mr Fui Tsikata, the local legal representative have all expressed joy at the tribunal’s decision.

In effect, exploration and exploitation works on the Tweneboah- Enyera-Ntoumme (TEN) project, being operated by Tullow Oil Plc and its partners, can proceed.

Cote d’Ivoire in February 2015 filed for preliminarily measures urging the tribunal to suspend all activities on the disputed area until the definitive determination of the case, dubbed: “Dispute Concerning Delimitation of the Maritime Boundary between Ghana and Cote d’Ivoire in the Atlantic Ocean.”

Ghana and its partners would have lost $4.7 billion from now till 2018, when the matter would be settled, if the tribunal had ordered for a suspension of oil exploration activities.


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