Maintenance. We are currently updating the site. Please check back shortly
Members login
  • TrustLaw
  • Members Portal
Subscribe

Nicaragua won't grant underwater drilling rights in contested waters

Source: Thomson Reuters Foundation - Thu, 6 Dec 2012 04:38 AM
Author: Reuters
Tweet Recommend Google + LinkedIn Bookmark Email Print
Leave us a comment

By Ivan Castro

MANAGUA, Dec 5 (Reuters) - Nicaraguan President Daniel Ortega said on Wednesday that Nicaragua would not grant oil drilling licenses in ecologically sensitive Caribbean waters that belonged until recently to Colombia.

Last month, the International Court of Justice in The Hague ruled that a cluster of disputed small islands in the western Caribbean belonged to Colombia and not to Nicaragua, but drew a demarcation line in favor of Nicaragua in the nearby waters.

The ruling reduced the expanse of ocean belonging to Colombia, and the UNESCO-recognized Seaflower Biosphere Reserve, which Ortega has sought to protect, falls under the demarcation line.

"I've been very clear," Ortega said at a military event. "In this Nicaraguan reserve, we won't be offering concessions so people can come and destroy it by boring holes into the ground looking for oil."

Ortega said he raised the subject of refusing drilling licenses when he met with Colombian President Juan Manuel Santos in Mexico last week.

"The world can be sure that Nicaragua won't be doing it, and so can the Colombian people and President Santos," he added, noting the issue had been one of Santos' top concerns when they spoke recently.

Both Ortega and Santos said last week that they hoped to avoid war and instead use dialogue to solve the territorial dispute.

The Seaflower Biosphere Reserve, located between Colombia and Jamaica, covers roughly 10 percent of the Caribbean Sea, and is a major site of coral and fish diversity.

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of the Thomson Reuters Foundation. For more information see our Acceptable Use Policy.

comments powered by Disqus
LATEST SLIDESHOW

Latest slideshow

See allSee all
FEATURED JOBS
Featured jobs