NewMed insists following law - but which?
63da9834578ac_NewMed

The Israeli company that signed an agreement for hydrocarbon exploration in occupied Western Sahara claims to follow “the laws in force”. But of which country?

06 February 2023

“I would like to clarify that all our actions in the past and in the present are done in accordance with and subject to international law and Israeli law and the laws in force. In addition, it should be noted in this context that we act in accordance with the stated policy of the Israeli government and we intend to continue doing so.”

This was stated by Mr. Nadav Perry, VP Regulatory and Public Affairs of the Israeli company NewMed Energy in a mail to Western Sahara Resource Watch on 26 December 2022. 

Western Sahara Resource Watch (WSRW) on 6 December wrote that the company had obtained a controversial licence offshore occupied Western Sahara. 

The United Nations, the EU, the African Union, the International Court of Justice, the EU Court of Justice, the African Court of Peoples' and Human Rights all establish that Western Sahara is not part of Morocco. 

“Considering that Morocco is not the sovereign power in Western Sahara, nor has a legal mandate to be present in the territory, your answer is a bit unclear to us. Which country's laws does your company believe to be applicable to Western Sahara - and why?”, WSRW responded to the company on 26 December 2022. The question was not responded to. WSRW sent the same request on 26 January 2023, but still without answer. 

At the time of the announcement of the licence in the occupied territory, NewMed was in the process of negotiating a merger with the UK company Capricorn. That merger plan is now put on ice

Capricorn has a history of operating in occupied Western Sahara - it is the only company to ever have carried out an offshore drilling operation there, in partnership with Kosmos Energy. The 2015 drilling operation led to several investors divesting from Capricorn and Kosmos, as the two firms were seen as operating in violation of basic ethical expectations. 

 

Since you're here....
WSRW’s work is being read and used more than ever. We work totally independently and to a large extent voluntarily. Our work takes time, dedication and diligence. But we do it because we believe it matters – and we hope you do too. We look for more monthly donors to support our work. If you'd like to contribute to our work – 3€, 5€, 8€ monthly… what you can spare – the future of WSRW would be much more secure. You can set up a monthly donation to WSRW quickly here.

 

World's largest fund excludes Israeli oil company over Western Sahara

The Norwegian government pension fund has announced that it has excluded Delek Group from its portfolio due to its petroleum exploration offshore occupied Western Sahara. 

19 December 2023

Polisario condemns NewMed gas plans

NewMed's gas exploration licence offshore occupied Western Sahara is "illegal”, Polisario lashes out in a release.

04 June 2023

The hunt for oil and gas

So far, no oil and gas have been discovered in Western Sahara. Two exploration licences are today operated by foreign companies, both from Israel, both offshore. 

28 August 2024

Record profits in trade with conflict phosphates

The invasion of Ukraine causes a massive increase in Morocco's profits from its illegal plunder of phosphate rock from occupied Western Sahara. New WSRW report shows that the export volume remained stable throughout 2022.

24 April 2023