{"id":95643,"date":"2015-03-02T13:07:20","date_gmt":"2015-03-02T13:07:20","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=95643"},"modified":"2015-03-02T16:38:41","modified_gmt":"2015-03-02T16:38:41","slug":"ghana-ivory-coast-maritime-dispute-tullow-likely-to-suspend-production-2","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2015\/03\/ghana-ivory-coast-maritime-dispute-tullow-likely-to-suspend-production-2\/","title":{"rendered":"Ivory Coast attempts to stop Tullow’s oil production"},"content":{"rendered":"

The government of C\u00f4te d\u2019Ivoire has applied for provisional measures, asking\u00a0the\u00a0International Tribunal of the Law of the Sea (ITLOS) to stop Tullow oil and other oil companies from\u00a0exploring and exploiting oil in the disputed area between Ghana and that country.<\/p>\n

[contextly_sidebar id=”c2BwnLsdbYqFU7RTdghiXaFbbR6vMovg”]Tullow Oil plc on Monday said\u00a0\u201c The decision on this application for provisional measures should be handed down before the end of April 2015.\u201d<\/p>\n

Ghana commenced an arbitration process in 2014 before a Special Chamber of the ITLOS in Hamburg, seeking a declaration that it has not encroached on Ivory Coast\u2019s territorial waters in the exploration of oil after a series of failed negotiation attempts.<\/p>\n

The company is however confident that Ghana has a strong\u00a0case.<\/p>\n

\"Marietta<\/a>
Marietta Brew Appiah Oppong is Ghana’s Attorney General<\/figcaption><\/figure>\n

\u201cTullow\u2019s advice from external counsel is that Ghana has a strong case under international law that the current boundary location, which follows an equidistance line, will be upheld by ITLOS in accordance with the Law of the Sea Convention to which both states are party. Work on the TEN project continues and remains on schedule and on budget for first oil in mid-2016,\u201d the statement said.<\/p>\n

Cote d\u2019Ivoire is said to have on several occasions issued threatening letters to oil companies operating in the disputed area.<\/p>\n

Chief Executive Officer of Tullow Oil, Aidan Heavey, has said \u201cTullow has long had interests in and strong relationships with both Ghana and C\u00f4te d\u2019Ivoire and we have conducted our operations in both countries in line with our obligations as a contractor under our Petroleum Agreements and in accordance with international operating standards.\u201d<\/p>\n

\u201cAlthough the arbitration process allows for an application of provisional measures, it is our view that it is in the best interest of all parties that the TEN project continues to move ahead without delay and unencumbered by legal tactics of this nature,\u201d he pleaded.<\/p>\n

–<\/p>\n

By: Godwin Allotey Akweiteh\/citifmonline.com\/Ghana
\nFollow @AlloteyGodwin<\/a>
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