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Ghana's President says dispute with Ivory Coast affected oil development

Mahama was speaking shortly after an opening ceremony for Ghana's second commercial crude oil field in the western city of Takoradi.

Ghana's President John Dramani Mahama arrives for a meeting with France's President at the Elysee Palace in Paris, France May 28, 2013.

Ghana's President John Mahama said on Thursday that a maritime boundary dispute with Ivory Coast had affected the development of the new TEN oil field, but that Ghana was nonetheless committed to a peaceful resolution of the dispute.

"The maritime boundary dispute had impacted TEN development activities in the disputed area as the provisional measures order from the international tribunal included an order prohibiting new oil wells in the field," Mahama said.

"We remain committed to a peaceful resolution of this dispute, and we look forward to the final resolution of this matter sometime next year."

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