Venezuela calls for diplomatic dialogue and rejects the warlike statements issued by the President of the Cooperative Republic of Guyana, Irfaan Ali, during a media show held on Friday, October 27, in the territory of Guyana Esequiba.

🇬🇾🇻🇪 President of Guyana visited Essequibo and assured that he will not hand over "not one square inch" of that territory:

The president of Guyana, Mohamed Irfaan Ali, assured on the night of Friday, October 27, from Essequibo that he will not hand over "not a single inch" of that territory in dispute with Venezuela and expressed confidence in the security forces of that nation to protect it. .

"The government and the opposition recently issued a joint statement in which we made it very clear that no one would make a single mistake. This Essequibo is ours, every square centimeter of it," said Irfaan Ali, dressed in clothing similar to that worn by the military, during the opening of an exhibition in the town of Anna Regina.

Likewise, the president once again ruled out a meeting with the Venezuelan authorities to resolve the dispute over Essequibo and insisted on waiting for the International Court of Justice to ratify the 1899 Arbitration Award

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🇻🇪🇬🇾🛢 Venezuela protests oil production in territories disputed with Guyana

The Venezuelan government has protested against the issuance by the Guyana authorities of concessions to multinational oil and gas giants for oil production on the sea shelf and in connection with maneuvers of the US military forces in the disputed territories.

The long-running territorial dispute between the two countries over the ownership of a 159,500-square-kilometer territory west of the Essequibo River, dubbed Guyana-Essequibo, claimed by Caracas, has been aggravated by Guyana's granting of oil concessions to ExxonMobil. The offshore borders of the area are not delimited for now. Moreover, the US plans to deploy a military base in the disputed territory.

"Venezuela informs the international community and transnational energy companies that have illegally obtained permits from the government of Guyana for the exploration and production of hydrocarbons in a large maritime area, the borders of which are not delimited, that these permits are absolutely groundless, contrary to international law and the principles enshrined in the Constitution of the Bolivarian Republic of Venezuela," the country's Foreign Ministry said in a statement.

It may look like in search for new oil sources the US and multinational companies are getting ready for a new local conflict. But Venezuela is not in a position to engage in a full-scale military conflict with the United States. The concessions have been issued just few days after the controversial oil deal between Caracas and Washington. The oil production on the shelf of Guyana can be a part of that oil deal.

#Venezuela #Guyana #oil
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