*$6billion investment at stake
An international maritime tribunal on Saturday ruled that Ghana should suspend a multi-billion dollar offshore oil development programme in sea areas involved in a boundary dispute with Ivory Coast.
Ivory Coast had made a request to the authority handling the case, the Hamburg-based International Tribunal of the Law of the Sea (ITLOS), that Ghana suspend oil exploration and exploitation operations in the disputed area while legal hearings into the dispute go ahead.
The court said it accepted the request from Ivory Coast that Ghana should suspend offshore oil development in the disputed sea area and stop new development.
The decision …Read More
Source:: PM Newspaper
