Jubilee partner, Kosmos Energy has denied ever breaching its contractual agreement with Ghana by disclosing confidential data on the country’s crude oil reserves to third parties. In a statement issued to the media Friday morning, the company says it has always held great respect for the people and Government of Ghana and taken its legal commitments very seriously. It says it therefore finds it disturbing recent press reports that Kosmos has somehow breached Ghanaian law and its contractual obligations through the disclosure of data and information to third parties, reports it says are totally unsubstantiated and without any basis in actual fact. This is about the first time the company has reacted publicly to the protracted dispute with government on its intended sale of its stake in the Jubilee Field to ExxonMobil. It also comes on the back of recent concessions by the Deputy Energy Minister that Kosmos may not have erred by failing to first give the GNPC the first right of refusal when it decided to offload its shares. Full details of the statement Kosmos Energy is very proud of its achievements in Ghana, especially the role the company has played in the discovery and development of oil and gas resources that will benefit the country and its people for generations to come. That work began in 2004 and all along we have consistently complied in good faith with all of the Petroleum Agreements and all of the nation’s laws. That’s why it has been so disturbing to see recent press reports that Kosmos has somehow breached Ghanaian law and its contractual obligations through the disclosure of data and information to third parties, reports that are totally unsubstantiated and without any basis in actual fact. The simple and clear truth is that Kosmos is in full compliance with all of its legal and contractual obligations. It is easily demonstrated that Kosmos, as well as other Jubilee partners, have at all times used standard international petroleum industry practice and documents to protect data confidentiality. Also, we have tried on many occasions over the last year or more to resolve concerns over data with GNPC, although without progress. But any distorted reports that suggest we have done less than our word simply cannot withstand the facts that are plain to see. Going forward, Kosmos will of course continue to abide by its legal and contractual obligations and our hope is that all parties to the process will respect due process and fair treatment under the law. Kosmos remains committed to seeking an amicable and mutually acceptable resolution which offers a win-win outcome that is in the best interests of all parties and the country as a whole. Source: Joy Business/Myjoyonline.com/Ghana