Energy Minister, Boakye Agyarko, has indicated he is hopeful Ghana will secure victory in the ongoing Maritime boundary dispute with Ivory Coast in September.
Speaking at a stakeholders’ forum on Ghana’s 10 years’ experience as commercial oil producer in Accra organized by the Petroleum Commission, Mr. Agyarko believes this will help attract more investors into the oil and gas sector.
“With the final judgment by September 2017, the Ghana legal and technical team has put in their very best efforts, consequently we are very hopeful of securing a favorable decision, it is expected that the ruling will provide investors with the certainty they need to make long term investment decisions in this country,” Agyarko noted.
Ghana went to the ITLOS in September 2014, under the United Nations Convention on the Law of the Sea (UNCLOS), seeking a declaration that it has not encroached on Cote d’Ivoire’s territorial waters.