GHANA:Ghana, Ivory Coast agree on roadmap to resolve maritime boundary dispute

GHANA:Ghana, Ivory Coast agree on roadmap to resolve maritime boundary dispute

GHANA: Ghana, Ivory Coast agree on roadmap to resolve maritime boundary dispute

Ghana and Ivory Coast have agreed to constitute a joint team to establish the geographical boundaries of a disputed area off the coast of Ghana, rich in oil and gas.
Ivory Coast recently renewed its efforts to claim the oil-rich C100 maritime area, which Ghana said is part of its territorial waters. Ghana thought it had exclusive possession and occupation of the territory until April this year, when Ivory Coast announced it had struck oil on a block off Ivory Coast and adjacent Ghana’s Jubilee Field.
The territory is estimated to hold about 2 billion barrels of oil reserves and another 1.2 trillion cubic feet of natural gas.

Source Ghana

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