this post was submitted on 06 Dec 2023
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Venezuelan President Nicolás Maduro on Tuesday directed the country’s state-owned companies to “immediately” begin to explore and exploit the oil, gas and mines in Guyana’s Essequibo region, a territory larger than Greece and rich in oil and minerals that Venezuela claims as its own.

The announcement came a day a day after Maduro got the victory he sought in a weekend referendum on whether to claim sovereignty over the region.

Maduro said he would “immediately” proceed “to grant operating licenses for the exploration and exploitation of oil, gas and mines in the entire area of our Essequibo.” He also ordered the creation of local subsidiaries of Venezuelan public companies, including oil giant PDVSA and mining conglomerate Corporación Venezolana de Guayana.

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[–] [email protected] 18 points 1 year ago (24 children)

With who's army fighting though? Guyana seems a bit too small to properly be able to defend itself from Venezuela... Unless Brazil goes full on South America police on the situation (and apparently, they might?), I don't see how this will end in anything other than Venezuela steam rolling Guyana...

[–] gravitas_deficiency 21 points 1 year ago (18 children)

UN intervention is actually a possibility, though.

[–] [email protected] 16 points 1 year ago (7 children)

Russia will be happy for another conflict to distract the US so I’d expect them to veto any action, unfortunately

[–] HootinNHollerin 1 points 1 year ago* (last edited 1 year ago)

Yep. Russia is the reason they're doing this in the first place. Maduro has been meeting with them before this vote. Another destabilization is underway

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