Leaders of Venezuela and Guyana to meet amid border dispute

Venezuela and Guyana

Venezuela’s President Nicolas Maduro will meet Guyana President Mohamed Irfaan Ali amid a territorial dispute between the two countries, according to a letter from Saint Vincent andCopy to a new draft the Grenadines Prime Minister Ralph Gonsalves.

Tensions have been mounting between Venezuela and Guyana in recent weeks due to a long-running border dispute over Esequibo, an area in Guyana where massive discoveries of offshore oil and gas have been made.

The bilateral meeting is set to take place on December 14 in Saint Vincent and the Grenadines where they will be accompanied by Gonsalves.

Venezuela’s government said the meeting “is in order to preserve our aspiration to maintain Latin America and the Caribbean as a zone of peace”.

The Office of the President of Guyana confirmed Ali had agreed to the meeting, but added, “Guyana’s land boundary is not up for discussion.”

The regional blocs of the Community of Latin American and Caribbean States (CELAC) and the Caribbean Community (CARICOM) are mediating to bring the parties together.

Earlier on Saturday, Brazil’s President Luiz Inacio Lula da Silva, who has also been invited to Thursday’s meeting as an observer, spoke to Maduro and called for dialogue, saying it was important to avoid unilateral measures that could escalate the situation.

Venezuela has for decades laid claim to Essequibo, claiming that the Essequibo River to the region’s east forms a natural border and has historically been recognised as such.

The country’s latest efforts to overtake the territory were piqued in 2015 when ExxonMobil announced it had found oil in commercial quantities off the Essequibo coast.

Last weekend, voters in Venezuela also rejected the International Court of Justice’s (ICJ) jurisdiction over the area, backing the creation of a new state.

Maduro also proposed a government meeting that a bill be sent to the National Assembly for the creation of a “Guyana Esequiba” province.

However, Guyana, of which Essequibo makes up more than two-thirds and hosts 125,000 of its 800,000 citizens, has administered the territory since the frontiers were determined by an arbitration panel in 1899.

The planned meeting comes after Venezuela threatened to annex the oil-rich territory of Esequibo currently in Guyana.

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Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.