An oil dispute could break out between Ghana and neighboring Ivory Coast if immediate steps are not taken to redefine the boundaries between the two nations.
Ivorian authorities have been meeting with some oil companies in Ghana ordering them to stop their operations.
Ivory Coast is reportedly laying claim to portions of the huge oil wealth in the deep waters of the Western region of Ghana.
In the new development, Ivory Coast is laying claim to much of Tullow Oil’s Jubilee, Tweneboa, Enyenra and Owo discoveries, among others, plus the West Tano-1X find and several prospects.
Joy News checks indicate that even though talks between Ghana and Ivory Coast have not been concluded, Ivory Coast now plans to develop its own gas processing infrastructure, ostensibly duplicating proposals advanced by Ghana.
Officials at that country’s oil company Petroci unveiled a controversial map last week that redraws the maritime border between the two nations, which have been in long-running talks over the disputed area.
Meanwhile, the Jubilee Partners have already raised concerns about the boundary problem.
Texas-based oil explorer, Kosmos Energy has expressed fears about the development.
The oil producer says the future of a portion of its license in the Deepwater Tano Block is uncertain as the issue remains unresolved.
Kosmos fears it may lose some of its license if changes are made to the maritime boundary demarcation between Ghana and Ivory Coast.
Uncertainty remains with regard to the outcome of the boundary demarcation between Ghana and Côte d’Ivoire and we do not know if the maritime boundary will change, therefore affecting Ghana’s rights to explore and develop its discoveries or prospects within such areas.
Reactions cote Ghanaen
Ivory Coast may well have a case, howbeit questionable, and I am sure Alassane Ouatarra knows exactly what he is doing. Want to know why I am saying this?
Ivory Coast would have been taping oil long ago if Jerry John Rawlings didn’t intervene. In effect, it was around 1982 when the Ivorian President Felix Houphouet -Boigny announced on the State TV, shortly after hydrocarbon of-shore explorations that Ivorians were going to “wash their hands” with oil before they ate, obviously referring to a future oil boom. The areas of exploration have much to do with the present Ghana oil fields. However, unbeknownst to the Ivorian president, a certain absolutely stubborn Flt. Jerry John Rawlings of Ghana was all but monitoring the events.
Now when it was time to tap in the oil, supported by several institutions, France and backed by the United States, JJR sent the Ghana navy to occupy the place in a very daring stand-off when at the time, French troops were stationed in Ivory Coast. I would even say the Ivorian army didn’t really exist. Rawlings really called off the bluff of Houphout-Boigny by stopping the oil dream. When France and the US raised concerns about the issue, Britain stepped in saying Rawlings was right, inviting the US out of the polemic.
A meeting was later convened by the Ivorian Government in the honor of Jerry Rawlings who manipulated the events in his favor. Initially intended to have taken place in the Ivorian Capital, Rawlings arrived that morning and instead waited a little on the tarmac at the airport, then continued to Yamossoukro, the second capital and birthplace of the Ivorian president Boigny asking the president to meet him there. He must most certainly have had his reasons, but no one clearly understood Rawlings’ motive for this abrupt change of mind, however, it is understandable Jerry Rawlings was extremely unpredictable in situations like this. Who was the prime Minister of Ivory Coast that time? A certain Alassane Ouatarra! Houphouet-Boigny’s very pacific stance on the issue didn’t inspire Alassane Ouatarra’s fancy. Neither did it France which didn’t turn her eyes off the oil issue completely. Later on, in 2011, backing Ouatarra in a presidential coup was only a very predictable occurrence in the scheme of things, and one could estimate that the present events were only a matter of time.
When the rebels began getting organized in the North in 2002, with Ouatarra’s involvement, financed partly by France and channeled through Burkina’s Compaore most of us knew the final project or objectives.
Why did France and other parties involve refused to disarm the rebels before the 2010 presidential elections as dictated by the Markoussis accord in France? They wanted the rebels still armed in case there was going to be armed conflict as outcomes turned out sour in this oil problem with Ghana.
Ivorian authorities have been meeting with some oil companies in Ghana ordering them to stop their operations.
Ivory Coast is reportedly laying claim to portions of the huge oil wealth in the deep waters of the Western region of Ghana.
In the new development, Ivory Coast is laying claim to much of Tullow Oil’s Jubilee, Tweneboa, Enyenra and Owo discoveries, among others, plus the West Tano-1X find and several prospects.
Joy News checks indicate that even though talks between Ghana and Ivory Coast have not been concluded, Ivory Coast now plans to develop its own gas processing infrastructure, ostensibly duplicating proposals advanced by Ghana.
Officials at that country’s oil company Petroci unveiled a controversial map last week that redraws the maritime border between the two nations, which have been in long-running talks over the disputed area.
Meanwhile, the Jubilee Partners have already raised concerns about the boundary problem.
Texas-based oil explorer, Kosmos Energy has expressed fears about the development.
The oil producer says the future of a portion of its license in the Deepwater Tano Block is uncertain as the issue remains unresolved.
Kosmos fears it may lose some of its license if changes are made to the maritime boundary demarcation between Ghana and Ivory Coast.
Uncertainty remains with regard to the outcome of the boundary demarcation between Ghana and Côte d’Ivoire and we do not know if the maritime boundary will change, therefore affecting Ghana’s rights to explore and develop its discoveries or prospects within such areas.
Reactions cote Ghanaen
Ivory Coast may well have a case, howbeit questionable, and I am sure Alassane Ouatarra knows exactly what he is doing. Want to know why I am saying this?
Ivory Coast would have been taping oil long ago if Jerry John Rawlings didn’t intervene. In effect, it was around 1982 when the Ivorian President Felix Houphouet -Boigny announced on the State TV, shortly after hydrocarbon of-shore explorations that Ivorians were going to “wash their hands” with oil before they ate, obviously referring to a future oil boom. The areas of exploration have much to do with the present Ghana oil fields. However, unbeknownst to the Ivorian president, a certain absolutely stubborn Flt. Jerry John Rawlings of Ghana was all but monitoring the events.
Now when it was time to tap in the oil, supported by several institutions, France and backed by the United States, JJR sent the Ghana navy to occupy the place in a very daring stand-off when at the time, French troops were stationed in Ivory Coast. I would even say the Ivorian army didn’t really exist. Rawlings really called off the bluff of Houphout-Boigny by stopping the oil dream. When France and the US raised concerns about the issue, Britain stepped in saying Rawlings was right, inviting the US out of the polemic.
A meeting was later convened by the Ivorian Government in the honor of Jerry Rawlings who manipulated the events in his favor. Initially intended to have taken place in the Ivorian Capital, Rawlings arrived that morning and instead waited a little on the tarmac at the airport, then continued to Yamossoukro, the second capital and birthplace of the Ivorian president Boigny asking the president to meet him there. He must most certainly have had his reasons, but no one clearly understood Rawlings’ motive for this abrupt change of mind, however, it is understandable Jerry Rawlings was extremely unpredictable in situations like this. Who was the prime Minister of Ivory Coast that time? A certain Alassane Ouatarra! Houphouet-Boigny’s very pacific stance on the issue didn’t inspire Alassane Ouatarra’s fancy. Neither did it France which didn’t turn her eyes off the oil issue completely. Later on, in 2011, backing Ouatarra in a presidential coup was only a very predictable occurrence in the scheme of things, and one could estimate that the present events were only a matter of time.
When the rebels began getting organized in the North in 2002, with Ouatarra’s involvement, financed partly by France and channeled through Burkina’s Compaore most of us knew the final project or objectives.
Why did France and other parties involve refused to disarm the rebels before the 2010 presidential elections as dictated by the Markoussis accord in France? They wanted the rebels still armed in case there was going to be armed conflict as outcomes turned out sour in this oil problem with Ghana.
