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Western Sahara Resource Watch
For Immediate Release
PRESS RELEASE
Western Sahara Resource Watch: Contact New York, USA: Richard
Knight (212) 663-5989
Rotterdam, Netherlands; New York, NY, USA; Seattle, WA, USA;
London, England
February 28th 2005
Shareholders
focus of campaign to end
Kerr-McGee’s
involvement in Occupied Western Sahara
Western Sahara Resource Watch, representing organizations in
20 countries, announced today a campaign against the American energy company
Kerr-McGee (KMG). This Oklahoma City-based corporation is involved in the
illegal, unethical and politically controversial plundering of hydrocarbons in
the Moroccan occupied areas of Western Sahara. Morocco has illegally occupied
Western Sahara since 1975 and the people of the territory, led by Polisario, are struggling for self-determination and
independence. Kerr-McGee has been exploring for oil and gas in the territorial
waters of Western Sahara since 2001 under license from the Moroccan state oil
company, ONAREP. Today, the international solidarity movement for Western
Sahara started contacting the company’s 600 biggest shareholders, demanding
that action be taken to prevent the company from renewing the contract that is
set to expire May 1st.
Western Sahara is Africa’s last colony. Formerly a colony of
Spain, in May 1975 a UN mission determined that the people of Western Sahara
overwhelmingly supported the liberation movement Polisario
and were categorically for independence and against integration of the
territory into Morocco. In mid-October of that year the International Court of
Justice ruled that the people of Western Sahara have the right to
self-determination including independence.
Morocco rejected the Court’s ruling and invaded the territory in the
first days November, forcing a majority of the population into refugee camps in
Algeria. Morocco has refused to implement a 1991 UN peace plan in which a
referendum would allow the people of Western Sahara to choose between
independence and integration into Morocco.
The UN Legal Council says that Western Sahara is a non-self-governing
territory and that exploitation of the territory’s hydrocarbons would be
illegal.
“It is remarkable that Kerr-McGee does still not understand
the political, legal and humanitarian dimensions of the catastrophe they are
inflicting to the Sahrawi people. For three years,
the company has refused to listen to our arguments. Now we hope to get some
assistance from their shareholders” said Richard Knight, a member of the
Association of Concerned Africa Scholars and spokesperson of Western Sahara
Resource Watch.
The campaign requests the shareholders to play a role as
active investors, influencing KMG not to renew its contract May 1st.
If the constructive shareholder pressure does not succeed in changing the KMG
policy, the campaign demands the investors to divest.
So far, a Norwegian and a Dutch seismic survey company have
decided to not continue the activities in Western Sahara due to the political
implications of the contracts. This happened as a consequence of active
shareholder ownership and dozens of sell-outs over the last years. Also a Danish and a French company have left the area, making
Kerr-McGee the only foreign company remaining in the Western Sahara.
One major investor has already divested from Kerr-McGee - the
Norwegian fund administrator Skagenfondene has sold
its 100.000 shares, taking a two million dollar loss. Due to the massive negative attention on
Kerr-McGee’s activities in the occupied territories, they regarded the shares
as too risky. Now the government-owned
Norwegian Petroleum Fund is considering if it should sell its shares, estimated
to be worth over $7 million.
“The campaign against Kerr-McGee has lead to an impressive
mobilization worldwide. Today, 19 organizations on four continents have all
started contacting their respective Kerr-McGee shareholders simultaneously.
Last month, we contacted all screening agencies in the world, explaining them
the nature of the contract, urging them to recommend their clients to sell. Now
contacting the shareholders is a natural second step in our strategy,” said Liesbeth den Haan of the
Netherlands Foundation for the Right to Self-Determination for the Sahrawi People.
No country recognizes Morocco’s sovereignty over Western
Sahara. The Polisario-formed government in exile, a
founding member of the African Union which is recognized by 70 countries
including South Africa, has heavily condemned the Kerr-McGee contract.
“Morocco’s planned theft of Western Sahara’s hydrocarbons is
immoral and illegal. Since Kerr-McGee signed the reconnaissance contract with
ONAREP in 2001, Morocco has stalled the UN-supported peace process. Morocco has
even rejected a generous plan put forward by former U.S. Secretary of State
James Baker. Kerr-McGee’s activities have already blocked the peace efforts and
contributed to rising tension in the region. If Kerr-McGee continues, there are
definitely possibilities of taking legal actions against the company, and we
strongly urge Kerr-McGee to not renew their contract. We are very sure that our
measures will make Kerr-McGee withdraw, as the last company in the industry
still operating in Western Sahara. The question is how and when”, said Jacob
Mundy founder of Friends of Western Sahara (www.friendsofwesternsahara.org).
For further information, or to receive a
full version of the shareholder letter, please contact Richard Knight (New
York, USA) tel (+1) 212-663-5989 rknight1@juno.com, Jacob Mundy (Seattle,
USA) tel (+1) 206-329-1341 mundy@u.washington.edu, Tom Marchbanks – Western Sahara Campaign (UK) tel (+44) 794-955-6718 wsc@gn.apc.org
or Liesbeth den Haan
(Holland), tel (+31) 610858899, e-mail st.zelfbeschikkingwest-sahara@planet.nl.
The campaign is coordinated by the newly founded Western Sahara Resource Watch. WSRW is a network of organizations that work to preserve the natural resources in Western Sahara for the usage of its people, inasmuch as their sovereignty over those resources is a right with erga omnes character enshrined in several UN resolutions and human rights documents.