International Court of Court by Equatorial Guinea in the dispute over Gabon Island

The best judgment of the united nation has occurred on the equatorial Guinea in a row with Gabon over three islands in potentially rich oil waters.

The two central African countries are arguing for the islands – Conges, Mbanie and Cocotera – since the beginning of the 70s.

The islands are virtually uninhabited, but are in a maritime zone, which is thought to contain significant oil deposits.

The International Court (ICJ) ruled that the claim of the Equatorial Guinea – on the basis of a 1900 contract dividing the French and Spanish colonial assets – must be awarded.

The court rejected Gabon’s central argument – that a recent contract, the 1974 BATA Convention, changed the sovereignty of the islands in his favor.

In a final and binding decision, MNG stated that the Conge, Mbannie and Cocootoros were held by Spain, and then switched to their former equatorial Guinea of ​​the colony in independence in 1968.

Now Gabon will have to remove his soldiers from Mbanié, the largest of the islands.

In 1972, the Gabon army drove Ektatoginey troops from Mbanié and created its own military presence there.

The hostilities were cooled down until the beginning of 2000, when the prospect of oil in the Gulf of Guinea became apparent.

In 2016, after years of mediation by the United Nations organization, the two nations agreed to let ICJ settle the question.

A spokesman for Gaboness’s presidency has said it has now fallen from countries to negotiate in the light of the decision, AFP News reports.

“Gabon and Equatorial Guinea have to live side by side, we cannot move away from each other. Therefore, we will have to talk it to solve all these problems,” said Guy Rosaa-Ranya.

Both sides are significant oil producers. However, they have experienced the falling oil production in recent years due to insufficient investment, insufficient research and aging wells.