Venezuela says oil operations in Guyana violates agreement
The Energy and Petroleum Commission in
Venezuela has rejected the oil operations in Guyana’s Essequibo region.According
to a report in El Nacional — a Venezuelan newspaper, the Energy and Petroleum
Commission of its National Assembly said that it is convinced that the ongoing
oil exploration violates the Geneva agreement of 1966 and Article 10 of The
Bolivarian Constitution of Venezuela, “which clearly establishes the Venezuelan
territory”. Venezuela has been claiming Guyana’s territory for several decades
although the issue was settled since 1899. According to the report,
vice-president of the parliamentary body, deputy for Zulia, Elías Matta, tabled
the draft agreement, explaining that, “As stipulated in Article 5 of the Geneva
Agreement, no resource can be exploited if there is no agreement between both
nations”.“Deputy Matta said the Guyana government carried out the expansion of
oil prospecting operations in May 2015, in which Exxon-Mobil reported a
discovery at the Liza-1 well on the Stabroek and Block. More…
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