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Ivory coast / Ghana laying claims to portions of the oil field
“There will be no war for oil between Côte d’Ivoire and Ghana”, said Ghanaian Minister of Mines and Energy. He added “whatever the technical and legal arguments that can be developed by the parties, economic solutions and consensus for the preservation of the mutual interests of two brotherly countries are possible”.
Nevertheless, Côte d’Ivoire, still lays claims to portions of the oil wealth in the waters of the Western Region. Some researches found a correlation between the outputs (production and exports) of oil and the risk of civil war, due to the bad repartition and mismanagement of the oil revenues, and to the unclear colonial borders (Land and/or maritime).
Actually, Nigeria is experiencing serious attacks on oil fields and refineries, which are fueled by “the Movement of the Emancipation of the Niger Delta (MEND)”, as well as Angola by the Front for Liberation of the Enclave of Cabinda (FLEC).
Given these scenarios, one can conclude that what’s happening at Cote d’Ivoire could endanger the exploitation of oil on the Continental Shelf of Ghana, mainly when we know that some oil-rich states such as Angola, Nigeria, or Sudan have had civil wars within their borders for decades.