Business News of Wednesday, 5 December 2018

Source: classfmonline.com

Ghana-Togo maritime boundary negotiations fail

Head of Ghana play videoHead of Ghana

Ghana and Togo have failed to come to a consensus after three rounds of negotiation on the maritime boundary demarcation between them.

Ghana’s upstream oil and gas activities toward its eastern border with Togo have, in the recent past, met firm opposition from the eastern neighbour leading to the cessation of activities since December last year.

Officials from Togo also stopped two vessels from Ghana from undertaking seismic activities to acquire data after the country claimed ownership of the disputed maritime boundary.

This comes on the heels of the landmark resolution of a similar impasse between Ghana and the Ivory Coast over a maritime border demarcation.

Speaking to the media after a meeting, the Head of Ghana’s Technical Delegation Team negotiating the Ghana-Togo maritime border dispute, Lawrence Apaalse, said they are yet to come to a consensus.

The Executive Director of the Africa Centre for Energy Policy (ACEP), Mr Benjamin Boakye called on the government to solve all border issues.