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Tag Archives: ITLOS

My office not responsible for implementing ITLOS judgement – AG

The Attorney General and Minister for Justice, Gloria Akuffo, has told Parliament that her ministry has not been charged with the implementation of the recent judgment of the International Tribunal of the Law of the Sea [ITLOS], on the maritime boundaries between Ghana and La Cote D’Ivoire. Regardless of this, she noted that her Ministry played a leading role as ...

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Gov’t cautions companies slacking on oil exploration

Government has issued a stern warning to companies in the upstream petroleum sector who stopped working due to uncertainties over the ITLOS case to resume work or have their contracts terminated. According to the Deputy Minister of Energy, Dr. Mohammed Amin Adam, keeping oil blocks idle for long denies the country the needed funds for development. He issued the warning ...

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Nana Addo commends Mahama, Rawlings et al in ITLOS victory

President Nana Akufo-Addo paid tribute to successive governments which played a part in the favorable verdict by the International Tribunal on the Law of the Sea (ITLOS) in the maritime dispute with Cote d’Ivoire. Speaking at the Flagstaff House on Thursday night at a ceremony to celebrate the ITLOS win, he stressed that the victory transcended partisan considerations. The Special Chamber of ...

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ITLOS team to receive national awards – Nana Addo

President Nana Akufo-Addo has announced plans to bestow national honors on the legal team that ensured victory at the International Tribunal of the Law of the Sea (ITLOS), in the maritime dispute with Cote d’Ivoire “… let me express, again, the gratitude of our nation to all of you, and I am sure that, at the appropriate time, national honours will be duly ...

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Ghana, Ivory Coast set up joint Committee to implement ITLOS ruling

Ghana and Ivory Coast have established a joint Committee to oversee the implementation of the recent judgment by the International Tribunal of the Law of the Sea (ITLOS), over the two countries’ maritime border dispute. Following a declaration by Ghanaian President, Nana Addo Dankwa Akufo-Addo, that the dispute and its eventual resolution had strengthened the relationship between the two neighbouring nations, the Committee has ...

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ITLOS ruling has strengthened Ghana-Ivory Coast ties – Nana Addo

President Akufo-Addo has said the recent judgment of the International Tribunal of the Law of the Sea (ITLOS), over Ghana and Ivory Coast’s maritime border dispute, has strengthened the relationship between the two countries. This according to him, is contrary to suggestions that the ruling would mar diplomatic ties between Ghana and her western neighbor. Akufo-Addo was speaking at the Flagstaff ...

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Define all boundaries to restore investor confidence – ACEP

Energy Policy Think Tank, the Africa Centre for Energy Policy (ACEP), is confident the recent judgment by the International Tribunal of the Law of the Sea (ITLOS) will boost investment opportunities in the oil sector for Ghana. According to its Executive Director, Ben Boakye, West African countries must take the matter of demarcating their boundaries seriously to avert negative consequences on ...

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ITLOS victory: Nana Addo to meet with Ivorian officials on Thursday

President Nana Akufo-Addo has announced that a government delegation from the Ivory Coast will be in the country on Thursday to confer with him on the recent maritime dispute judgment solidifying Ghana’s claim to the oil-rich area at Cape Three Points. In 2007, Ghana discovered oil and gas in commercial quantities, and this was followed by Cote d’Ivoire staking its ...

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Maritime & Shipping Awards organizers laud gov’t over ITLOS victory

The organizers of the Ghana Maritime & Shipping Awards, Ninetyeightz Events, have congratulated the government of Ghana for winning the three-year-long maritime dispute between the country and Côte d’Ivoire. In a statement issued in Accra, the Chief Executive Officer of the Ninetyeightz Media, Bergis Kojo Frimpong said “Although the ruling favoured Ghana, we believe the victory is for both countries ...

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ITLOS case triggered high interest on Ghana’s Eurobonds

Ghana would have had a much lower yield on its 2015 and 2016 Eurobonds, if its case with Ivory Coast over the maritime boundary was not in existence. This was revealed by a former Finance Minister Seth Terkper, who told host of Citi Breakfast Show Bernard Avle, that  the dispute between the two countries led to the high yields Ghana ...

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