The Gas Field development by Twinza Oil Limited, which lies nearly 100 kilometres offshore from the Gulf Provincial coastline, is currently undergoing negotiations.
Haiveta made the comments following the recent flaring of the Pasca A4 Gas Condensate Well.
When queried over potential issues that may be raised by locals over ownership, Governor Haiveta said the project is well out of the local fishing boundary.
“The project is nearly 100km. Which Gulf man in his right mind will paddle all the way out 100 kilometres and claim it belongs to them?