OAS Condemns Venezuelan Threats to ExxonMobil Operations in…

OAS Condemns Venezuelan Threats to ExxonMobil Operations in Guyana’s Waters

Analysis:   OAS Condemns Venezuelan Threats to ExxonMobil Operations in...The Organization of American States (OAS) General Secretariat has expressed deep concern over Venezuela’s recent threats towards ExxonMobil’s Floating Production Storage and Offloading (FPSO) vessels operating in Guyana’s territorial waters. These actions by Venezuela are viewed as aggressive and pose significant risks to regional peace and security.

See More@ ⬇️

In a statement dated December 7, 2023, the OAS highlighted the urgency of the situation, emphasizing that Venezuela’s stance threatens the stability and territorial sovereignty within the hemisphere.

Venezuela-Guyana Tensions Rise Over ExxonMobil Oil Operations

The OAS condemned Venezuela’s approval of the so-called “Law for the defense of Essequibo,” labeling it as a threat to regional peace and security.

The longstanding territorial dispute between Guyana and Venezuela has escalated due to the discovery of substantial oil reserves in the contested region. ExxonMobil’s operations, particularly in the Payara oil field, have been a focal point of this tension. Venezuela has declared these concessions illegal, asserting that the maritime boundaries have not been definitively established.

In response, ExxonMobil has maintained its commitment to its operations in Guyana, anticipating continued activities for decades to come.

The OAS has consistently advocated for peaceful resolution of disputes and adherence to international law. The organization urges Venezuela to refrain from actions that could escalate tensions and to engage constructively in dialogue. The OAS also calls upon the international community to support efforts that uphold the sovereignty and territorial integrity of nations, emphasizing the importance of diplomatic solutions in resolving such disputes.