Côte d’Ivoire and Ghana talks on maritime border dispute continue

The presidents of Côte d’Ivoire and Ghana have held talks in Geneva on a maritime border dispute that has frozen new oil drilling in a contested area, a spokesperson for mediator Kofi Annan said in a Reuters report. An international tribunal ruled last month that Ghana could continue developing a $4.9bn offshore oil project in the area but imposed a ban on new drilling. The decision by the Hamburg-based International Tribunal for the Law of the Sea was regarded as positive for Ghana and British oil firm Tullow, which leads a consortium developing theTEN field, where it has already drilled the wells it needs to start production. Côte d’Ivoire’s presidency said President Alassane Ouattara has been in talks with his Ghanaian counterpart John Dramani Mahama, mediated by former UN secretary general Annan. Last month’s decision by the Hamburg tribunal did not judge the merits of the case and the court is expected to make a final ruling in 2017.

About the Author

About the Author: Eugene Obiero is the founder of The Africa Resources Post and its predecessor The East African Energy Blog. Eugene has been writing and blogging on energy and extractives in Africa since June 2012. He is based in Nairobi, Kenya and works for Camco Clean Energy (http://www.camcocleanenergy.com/ ) as Senior Manager Africa Projects. He specializes in market entry strategy, research, financial advisory and project management. Eugene has an MBA from The Warwick Business School, University of Warwick (UK). The posts on this blogsite are Eugene's and do not necessary reflect the thinking of his employer, Camco Clean Energy. .

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