Vanco Ghana Dismisses Threat To Ghana’s Find

Petroleum exploration firm, Vanco Ghana Limited, has dismissed suggestions that its oil field in the Western Region is at the centre of a possible boundary dispute between Ghana and the Ivory Coast.

The company says its oilfield, known as Gyata 1, is so far away from the maritime boundary between the two countries that it cannot be the subject of any dispute.

Country manger of Vanco Limited, Kofi Afenu, says the Ivorian authorities are only seeking negotiations with Ghana over the Jubilee oilfield, which is owned by Kosmos. “The distance between the boundary line and then the Gyata 1 well is more than 200 miles…quite far,” Mr Afenu told Joy News’ Sammy Darko.

The Vanco country manager is amazed at news making the rounds in some sections of the media that Ivorian authorities are demanding portions of Ghana’s oilfield. According to him, the closest well to the Ivorian border is the Jubilee field which is some 60 miles away.

Under no circumstance will Ivory Coast lay claim to the Gyata 1 well which is several miles away, Mr Afenu indicated. The media may have blown the issue out of proportion or perhaps the minister sent the wrong impression to Ghanaians that Ivory Coast is demanding a portion of Ghana’s oil fields.

The facts as discovered by the Myjoyonline.com indicate the Ivorian authorities are only calling for a negotiation of the maritime border between the two countries. La Cote d’Ivoire has not laid claim to any portion of Ghana’s maritime space, authorities indicate.

Meanwhile, Parliament is expected to quickly deliberate on a bill that would establish a boundary commission to negotiate Ghana’s maritime boundaries with Ivory Coast and other neighbouring countries.

The Ghana Boundaries Commission Bill has been sent to Parliament under a certificate of urgency, Lands and Natural Resources Minister Collins Dauda has said.

“A National Boundaries Commission will be put in place that would engage our neighbours in La Cote d’Ivoire with a view of negotiating our maritime boundary between ourselves and our brothers in Ivory Coast,” Mr Dauda said. A map of the area in contention shows no part of Ghana’s oil field is in danger of a seizure.

Source: Myjoyonline.com