Stop Imperial Oil Exploration: Venezuela to Guyana

Published Date : Jun 09, 2015

The Venezuelan government on Tuesday demanded that neighboring country Guyana stop oil exploration that is being carried out by oil giant Exxon Mobil Corp. The oil exploration is underway in a disputed offshore territory, which has only stretched a long running border clash between the two South American countries. 

Last month Exxon stated that it has discovered oil off the coast of Guyana, resulting in complaints from Caracas that the country was unjustly exploiting a territory under dispute. Caracas demanded that the territory be negotiated via a mechanism created under a treaty signed in Geneva in 1966. 

Delcy Rodriguez, Foreign Minister said in a televised interview that until the issue of territorial reclamation is not resolved, there will be no unilateral purpose of these waters. 

Referring to the Guyanese authorities that were elected last month, she stated that the new government of the South American country of Guyana reflects a rather dangerous political provocation against Venezuela, which is a peaceful nation. This provocation has been backed by the imperial power of Exxon Mobil, which is an American transnational.

Exxon stated that it has no comments to make on the bilateral dispute.

The dense jungle and sparsely populated area called the Essequibo comprises an area that is equivalent to almost two thirds of territory belonging to Guyana. In practice, it functions as part of Guyana and presents no discernable trace of Venezuelan impact. 

According to Guyana, Caracas agreed to give up the Essequibo after an international tribunal gave its ruling in 1899. However, Venezuela later backtracked on that ruling. 

The 1899 ruling, according to Venezuela, was unfair and the country insists that the territory is still under dispute. In Venezuela, the maps commonly describe the area are the reclamation zone.