Guyana warns Venezuela on maritime dispute

09 Jun, 2015

Guyana warned Monday it would "vigorously" resist any attempt by Venezuela to enforce a new claim over coastal waters where Exxon Mobil recently announced an important oil find. Caracas issued a decree May 27 laying claim to waters off the Essequibo, a disputed territory that borders Venezuela and encompasses more than half of Guyana. The Venezuelan action came less than a month after Exxon Mobil said it had made a "significant" discovery in an offshore concession granted by Guyana.

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