Why Venezuela Wants to Annex Over Half of Guyana | WSJ
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- Опубліковано 1 лип 2024
- Venezuela wants to grab territory nearly the size of Florida from neighboring Guyana, one of the world’s largest growing crude oil producers. This land, called Essequibo, makes up two-thirds of Guyana and has large reserves of gold and diamonds.
WSJ’s Kejal Vyas explains the importance of the region amid Guyana’s oil boom and the role of U.S. companies investing in the region.
Chapters:
0:00 Venezuela unveils new national map
0:41 Why Essequibo?
1:11 Guyana’s wealth
3:02 Venezuela’s oil situation
4:03 Venezuela voting
5:47 What’s next?
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#Venezuela #Guyana #WSJ
He should worry about feeding his people instead of what’s going on in his neighbor’s country
Dictators use starting wars to distract people from problems like that. Think Argentina and the falklands... though that didn't work out too well.
petrol, diamonds and gold = money = social welfare
do you feed your kids with no money?
Lift the embargo then
Maduro is a dictator, he doesn`t care about his people
@@legosheet they have plenty of oil reserves already, it's the sanctions against buying oil from Maduro's regime that makes it impossible for Venezuelans to prosper - not the lack of natural resources.
Venezuela should first figure out how to keep their own oil infrastructure running.
They can't import parts because of the embargo even public transportation is stopped
reminds me of the guy that can't keep his own ranch/farm running so he sabotages the neighbour just to feel on top!
It’s not hard. You bring in Exxon or Shell or BP to manage development then resist nationalizing the whole thing because you’ve already shown you can’t handle it.
Of course the Coupmerican has this take
@@Myname8315 it’s easy to blame others for one’s own mismanagement, corruption, and outright stealing. It’s what socialist do.
“Oil” there ya go, summed the whole situation to one word
An impressive moustache is mandatory for any dictator.
🤣🤣🤣
Is mao an exception?
Yes @@garmble
Mussolini didnt have stache
and because of that he was a mid dictator@@nabilbudiman271
It's sad for humanity how the mass population still fall for sidetracking tactics such as this, going crazy about someone else's land instead of realizing the terrible situation in your own land! ️
The esequibo has always been an issue even before the revolution. Regardless of the government, that territory is venezuelan
that territory is guyana
Fun fact: this comment was made by a comment stealing bot.
You mean like Amerika sticking it's nose in Ukraine border affairs while leaving it's own boarders wide open?
@UmUs POV: You never talked to a venezuelan
finding dinosaur juice in your country 🤝 immediate instability 😂
You believe in Dinosaurs? 😂
Dude is not able to sell his oil, but wants other people's oil
It’s the opposite. The us wants the region’s oil
@@dybenkog.5350 you forgot to add china as well. They have invested in those oil fields as well.
@@dybenkog.5350nope, it's some of the least productive oilfields on the planet. The U.S. would like the area to be an ally but it in total? No
America steals oil from other countries through manipulation and coercion
What oil lol? Guy doesn't even have enough to sell.
Bro you ain't talking about the 30,000 Venezuelan fled to Guyana including thousands of indigenous Amerindians
As a British person I’m wishing Guyana all the best ❤
But it is Britain that keep causing all these land disputes everywhere they have been Pakistan/India, Venezuela/Guyana, Palestine/Israel, Nigeria/Biafra, Falkland Islands (Malvinas), etc...
@@eudofiathis one is not like the others. No one in Venezuela cared about the Essequido until oil was found there. Now Maduro claims he wants it back after exactly 200 years. But what money will he use to fund the army to go do that? He doesn’t have it. So this is like Russia asking for Alaska back now that we found oil there. Ridiculous.
@@bernardwylie9760 are you Venezuelan? Or have you lived in Venezuela?
@@eudofia this has nothing to do with Britain, Maduro is a complete dictator who took a once amazing country and turned in downhill and now he want to take Guyana bc of oil and used a lame excuse for it.
Educate yourself
@@bernardwylie9760that's BS... It that was true, then there should have never been arbitrations trying to solve this disputed land. But the whole world know how the pirates (Brits) work.
You failed to mention that China also has oil interests with Guyana.
Leave China alone
@@9grand if China didn't stick it's money in the western hemisphere, it would be left alone. China is playing with the big boys now. Can't back out lol
yeah but that oil is better sold to China, not America
China also just wants to exploit countries and turn them into little satellites
It is a problem that even Simon Bolivar claimed when Venezuela, Colombia and Ecuador used to be one country. There is a statement where none of the countries cannot use natural resources from the Esequibo
Where is this document?
Google Geneva Agreement 1966 (UN peacemaker website). I cannot share a link because the CM doesn't let me do it. I tried it twice.
the Esequibo is Venezuelan spanish land! not british land!
Pretty sure it is indigenous land that the Spanish never defeated or had a treaties with. However, feel free to post evidence that states otherwise.
This dispute is alarming, hope for peaceful resolution 🙏
Unlikely, it will be another proxy war with the US. Vs China or Russia sooner or later. It's all about oil.
The guy is a big mess all over the world in driving his homeless people into robbery and high crimes all over, people are so afraid to go anywhere
For the people who don't want to watch the whole video: Guyana discovered lots of petroleum, Venezuela wants it all.
It’s always about oil 😂😂😂
These Venezuelansa are something else
Hey when your country is facing economic collapse you gotta take what is not yours! 🤷🏽♂️
Britain took the Chagos from Mauritius to give a military base to the U.S. .
@@9grandthat island literally was uninhabited before it become a colony. Stop this virtue signaling nonsense
@@AL-lh2htusa stole gold and oil from iraq.... stop being a hypocrite.
"If you see two fish fighting in water, you can be sure an Englishman passed by five minutes ago"
!!!!!
There's no dispute just a greedy Venezuela over stepping
Yeah Venezuela is greedy because they are broke
There HAS been a dispute, from 1830 to 1899 (in the Paris Arbitral Award; in which the US [by then, already a UK ally] curiously enough, represented Venezuela in its claim over the Esequibo. And obviously, the UK was favored at the end); and then from 1962 onwards. This is nothing new.
@@smllinaressYou are leaving out that it was the US and Russia.
Also you are leaving out that Venezuela requested the US to represent them.
@@RK-cj4oc what's ur point
@@smllinaress I don't remember that
Not another war we need Venezuela should not try to fight this new war and make sure Guyana retains its current land.
It's sad for humanity how the mass population still fall for sidetracking tactics such as this, going crazy about someone else's land instead of realising the terrible situation in your own land! 🤦♂️
the terrible situation in their land is the one provoked by sanctions! lift the sanctions and it will suceed! sanctions means they can't trade with anyone in the world! capitalism/america is the problem, not maduro! you're clearly too ignorant to have an opinion.
Guyana will fight tooth and nail if they step foot on their land, their citizens love their country
Just gonna skip over the international arbitration which settled the issue in 1899 (a process which Venezuela agreed to)?
They argue that the arbitration was compromised.
@@WillieFungoyea yea the dictatorship is very so sincere
@@AL-lh2ht the dispute is prior to the rise of Chavez
Venezuela asked for arbitration to settle the borders and signed the Washington treaty which stated that whatever the outcome, they would accept it....and they did for 60 years!
They wanted to bully a small nation which was getting its independence.
Essquibo belongs to Guyana!
Even before the video started, I knew the British would feature here at least once😂
Ah yes, the island nation with no land borders that plays a prominent role in the most significant land border disputes around the globe. England is proof that karma doesn't exist.
@@jghall00England’s not proof of karma. Englands proof that your actions have consequences
I am a guyanese
I hope we defend you guys 🇺🇸
@@chicagoeconomist1643Defend your southern border first
...blessings from India 🕉
Countries contesting the international courts ruling should be booted out of the UN. You cant be halfway in and only "be a member" if it suits your agenda.
The US would be the first that would have to go if we go by your logic
Then the UN would fall apart. Your moralizing is completely irrelevant.
The international courst and the un are separate organizations
@@johnsamuel1999they collaborate with one another…and they both turn a blind eye to America’s bs
@@shaker027 Is that America's best standards? Cause we do everything correctly. That's how you identify the right side in an international dispute. Which side is the USA on - that's the morally correct one.
The US should give guarantees to Guyana, if Venezuela invade and annex Guyana, the US should respond with military actions
Why? The US already had many problems to deal.
The US already has a puppet state in latin america, its called Argentina
@andresmattos7541 oil bro.. ypu think the US doesnt want cheap oil from Guyana?
The commonwealth already has so
🇿🇦🇮🇳🇬🇧🇦🇺🇨🇦
They are, Guyana is part of the “Rio Pact” which is the “America guarantees you” club. It’s also part of the Commonwealth of Nations (so backed by the UK, Canada, and other member countries. Also Brazil for territorial integrity.
If Venezuela invaded, they’d have to fight a lot of people.
So Venezuela is like a greedy child who has eaten its food and now wants to pick off someone else's plate.
Guyana, despite its substantial gold and diamond reserves, remained one of the poorest countries in South America. This was largely due to the operations of global public capitalist mining companies, which acquired licenses and withheld profits from the Guyanese people. Unfortunately, the trend continues with companies like Exxon, where GDP growth primarily benefits the upper class, leaving 43.5% of Guyanese living below the poverty line as of 2022. This underscores the detrimental effects of turbo capitalism fueled by resource depletion and environmental destruction, which ultimately fails to serve the interests of the people.
No its because your government embezzles any money it receives.
Why is that the government of Guyana is not nationalising the oil resources. Why is that the profits form oil production is not reaching the ordinary citizens of Guyana?
@@sarfarazhussain5411 because Muricah, Britain
So, your solution is to give the action to Maduro and his cronies??? Yeh, that will work well.
@@user-zp7jp1vk2i It would be better for them to be their own nation instead of colonies of American companies
Maduro bragging about the "dignity" of Venezuela whilst his country continues to flop and waste its potential... 🤦♂️😂
Keep an eye on Maduro's troops. He will get impatient when he realizes that Guyana won't just surrender their land to him. He'll also realize that if he just invades and takes over, there will be complaints from the U.N. and some countries, but in the end they won't actually do anything.
If they have been claiming the territory for a century its probably nothing to do with the oil.
Tots nothing to do with billions a year in natural resources
India should also step up to protect Guyana. The majority Guyanese are ethnic Indian people with ancestry from Andhra Pradesh, Bihar, Haryana, Jharkhand, Odisha, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh and West Bengal states.
The commonwealth will assist Guyana, which includes
🇹🇹🇯🇲🇨🇦🇦🇺🇬🇧🇮🇳🇿🇦
Interesting
@@summaz_ Even better. Well said.
Then they should step up and get into politics and action like they do very well.......in Canada. Punjabi is the third mot popular language. The UK? Their Prime Minister. Just do it and take your country back.
India would need a world-class Navy to achieve anything in South America
Hint: India cant do anything, it doesnt have the force projection capabilities
It’s sad how us humans always fighting and arguing about resources and land
VENEZUELA = Post-post apocalyptic. Very interesting spot for social sciences research now.
My question is this.... Which country do the people of Essequibo want to be in? Has anyone stopped to ask them?
Guyana!
@@myrtleme9742 That's what I thought, thank you.
Almost everyone living in Essequibo is ethnically and culturally Guyanaese. Majority of them are Afro and Indos and not Spanish speaking.
Here are the main reasons for Venezuela's longstanding claim over much of Guyana's territory:
1. Historical legacy - Venezuela bases its claim on a 1905 arbitration award that established the boundary between British Guiana (now Guyana) and Venezuela. However, Venezuela argues the award was flawed and unfair.
2. Natural resources - The disputed territory covers approximately 62,000 square miles and has significant oil, gas, gold and other mineral wealth. Venezuela wants control over these resources.
3. Nationalist sentiments - Asserting sovereignty over the Essequibo region, as Venezuela calls it, taps into Venezuelan nationalism and pride in Bolivarian revolutionary ideology.
4. Geopolitical goals - Annexing Guyanese territory would expand Venezuela's borders and regional influence. It has used the claim to curb Guyana's development deals with foreign powers like the US.
5. Weak Guyanese position - Guyana has a smaller population and military than Venezuela. Venezuela has exploited Guyana's isolation and weaknesses in the past to pressure it over the boundary.
6. UN support - Venezuela gained support at the UN in recent years from allies like China, Russia and Cuba, allowing it to internationalize the claim and pressure Guyana.
Gave you a thumbs up since you incise your points. But you fail to mention that this land was part of the Spanish empire, and this belies the treaty.
Even if that land was part of the Spanish empire (no spaniard - or Venezuelan- ever settled there), the Spanish empire had claimed even half of the USA and Canada, but don't own it now. Venezuela asked for the land to be up for arbitration and signed the Washington Treaty which binds it to accept the results, which they don't want to do now.
Venezuela is bullying and threatening Guyana! Guyana should not succumb!
Is this Tyler from Secure Team UA-cam Channel?
Gosh Venezuela has the most oil reserves in the world... greedy and dictatorship has no limits
Maduro invading Guyana without thinking about the countries issues is the most dictator move I can think of
Guyana will be Venezuelan, no oil for dictator america
@@UCiWrMgES50tlUhV3l6NqjNA sure propaganda robot, sure 😂
*Eagles screech in the distance* "Did someone say oil?" - U.S. Air Force F22's
the audacity of the starving venezuela to attempt to annex guyana
Send them arms!
Where is self-elected president Guaido?
The Esequibo has always been Venezuelan, it was taken from us by the British just as the Malvinas were taken by them from Argentina. It has nothing to do with oil, we have lots of it already.
Protect Guyana is to protect a sovereign nation.
What will happen to Venizwela if they invate Gaana?
Did someone say oil?
Even Saddam didn't unveil a new map of Iraq with Kuwait as part of it before his invasion. Perhaps if he would've done that all the fighting in Iraq would never have happened. The Venezuelan army should watch videos of "The Road to Basra" to temper their enthusiasm.
Is this a war i hear👀😧😨
Should have known the Brits were the cause.
The only reason I didn’t assume was because I didn’t know that Guyana was a British colony
I don't know if you noticed but the Spanish Empire were heavily involved in South America too.
@@mpwheatley Yes, but you lot sadly didn't limit yourselves to South America.
@@TheShepTVSpain also colonised North America and Africa
Why? Oil
Didn’t Maduro heard about the war between Irak and Kuwait?
The Arbitral Award of Paris was like a public hearing, demandants present their arguments and it would show the truth to the world, Venezuela wasn't allowed to participate, was represented by US lawyers who plot with british to steal our land, as the non binding Spanish Crown illegally gave what wasn't theirs cause they had no rule over Venezuela to Colombia who treacherous as they were claimed what they never had, that encouraged UK, they first tried to stablish till Guayana, but I think they feared a war since those territories were occupied and a guy Sifontes with his troops in El Dorado defeated the british invaders. After this fraud Venezuela's government didn't sign that invalid document as we have all the documents and historic possession, so UK armed their pirates and sieged our coasts to blackmail our authorities that it would be war if they denied to sign. When Mallet Prevost was agonizing he revealed the concoction of UK and US, so we went to UN, and the Geneva Agreement came as a document that tries to solve peacefully the conflict. And the WSJ says the territory belongs to Guyana according to whom SKUM.
Venezuela and the USA were actually friends at the time. Venezuela asked the USA to represent them. The USA and England weren't friends. So venezolanos should STOP saying they weren't represented. Mallet Prevost wrote his claim one month after getting Venezuela 's top honor. Why? Was he bribed to claim what he did??
@@myrtleme9742 You had to be a guyanese thaught by US and UK, lets not forget Canada and the savory Russia and China, not our allies but of our regime, nope haven't found nothing about the so called honor supposedly given to him, no the criminals are you, unless you find a single case were we did something like a scam, or fraud, or bribe, which the aforementioned countries included yours do almost on a daily basis, now you claim that a false declaration of borders gave you the ownership, hahahaha, cause "Venezuela" or Severo Mallet Prevost agreed, as we wasn't there to present our own defence, but you hate legality and overall truth.
India support Guyana
Thank U Father God to Protect Lovely Guyana from the greedy invaders Thank U Papa God
Venezuela is a very broken country right now desperately looking to expand its cancerous authoritarian influence in South America
Go Guyana !
i can hear the Adderall affect in his pronunciation
Guyana is we own ❤
Who will come out on top?
The ones that offer the US and OPEC the better deal on extraction, export and tax 🤷♂
I love Guyanese people. I'm not from there but grew up with a lot of them here in NY and hearing this makes me sad. I love their culture, food, and how kind they are. This makes me mad! Guyana , I'm rooting for you. 🇭🇹🇺🇲 America somehow finds a way to lie about everything as if they're not involved in these schemes
In a world where everything is allowed....the answer is "why not".
Why am I not surprised by the fact that this was caused by the English?
Como puede ser siguiendo de ustedes cuando nunca era de ustedes? Era de Inglaterra. Su presidente simplemente quiere robarse lo que no es de el. Que primero se preocupé de mejorar su pais.
The world is a tinderbox.
How many wars you wanna be involved in?
US: yes
Military industrial complex gotta make money some how
Every territory problem involve with Britain.🙄
They struggling so they want to take
Why? Petroleum…..
It’s like Falkland islands all over again
The world doesn't need another war, Maduro
Also, the british showld get their claws of Guyana.
i would rather have a state run company reap the benefits of our extraction vs exxon mobil and the united states
Support to Guyana from Israel 🇮🇱❤🇬🇾
Isn’t that supporting the opposite of what is being done 🤔
🚫🇮🇱🚫 Israel is not a real state😂😂😂
Could have done with subtitles , heavily accented English is not always easy to understand
Is Dictator maduro, not "president"
a typical distraction from internal crisis
Guyana forever
I wouldn't even be surprised if Russia has something to say to Venezuela's action
Is no one seeing the parallel to Saddam Hussein? ig history repeats itself after awhile
G.old
O.il
D.iamond's
That's what they worship. Leave the Land and resources to the People of 🇬🇾🇬🇾🇬🇾🇬🇾🇬🇾🇬🇾🇬🇾🇬🇾🇬🇾🇬🇾 Power to the People.
5:08 - The Venezuelan navy should be no match for this warships. Venezuela has impressively achieved to have one of its warships sunk in a struggle with an unarmed -cruiser- cruise ship. Yes, sunk by a civilian cruise ship.
As silly and laughable as that ridicoulous event was, the vessel sunk wasn't even a main line warship but a small regular light-coast guard patrol corvette which was armed with a tiny unoparable cannon gun. Things like this have happend before, even for the mightiest and largests of navies. The civil cruiser was huge compared to it, so it was logical!
Where ever uk goes misery follows
The land is within the territories of Venezuela
It always got to do with the British
Guyana has oil and ExxonMobil is the current sole driller. Venezuela is begging for DEMOCRACY.
Venezuela can have as much democracy as it likes, within it's own borders. You have ZERO democratic ight to anything within the territory of a small neighbor. Venezuela also has the biggest oil reserves in the world. Do they really need more?
@@cxzact9204Wrong… Once you go Socialist you can’t vote your way back. Thats the problem and the reason for the Exodus to Colombia and everywhere else that’s not Socialist.
@@cxzact9204 They have low grade highly viscous sour crude where Guyana is light sweet crude that is easier to extract and refine.
@@souravjaiswal-jr4bj That doesn't give Venezuela any rights to it. The suggestion that Venezuela wants "democracy" is laughable considering how many people have left the country since Maduro and his predecessor destroyed democracy there.
@cxzact9204 You cannot recognize that 'Democracy' is being used in a satcastic manner here referring to US invasion of Iraq.
Yes Venezuela doesn't have any right to invade Guyana. I never defended Venezuela rather answering to your question on why they will need additional oil reserves.
El Venezuela es de Great Columbia
If Venezuela can't maintain its own production how can it exploit the reserves they're claim in Guyana.
Oil will soon be phased out as a primary energy source so it may be a moot point.
At least they speak first.
Oil oil oil there we go again…
Its all about resources..
wow, now we got a South America 'Russia' IN Venezuela...
why is that a problem? i mean didn't the US annex Texas just because they wanted to? maybe the US should set the example and give Mexico back what doesn't belong to them
Deuteronomio 27:17 Spanish: La Biblia de las Américas
``Maldito el que cambie el lindero de su vecino. Y todo el pueblo dirá: ``Amén.
Essequibo belongs to Guyana history
It's anything but rare that there are problems in former British territories.
You mean former Spanish territories that are impacting it's neighbours?
@@theinternetofrandomthings7796 were the Spanish ever in Afghanistan, Pakistan, India?
Not to forget of course Israel, all quiet there too?
The former British territories (with a few exceptions like Afghanistan, India, and Pakistan) are arguably far better off today than most of the former Spanish territories. But that’s not the point. The current dispute over the Essequibo is NOT a dispute between Spain and Britain, it is a dispute between the independent countries of Venezuela and Guyana. Venezuela is now trying to assert control of territory it hasn’t controlled before.
@@flemlion13The Spanish colonies literally had over 150 years of constant war or civil war before calming down.
Crying about colonialism when a modern day country is literally attempting to colonize another nation is wild to me.
Venezuela can’t even run a hot dog stand.
Ah yes, starting a war with your neighbor is always the fastest way to get out of issues with your domestic problems.
As we’ve seen, annexation of land belonging to countries supported by the US isn’t worth the trouble.
hahahahahaha lets see if that stand true!
Well morroco took Theo Western Sahara Box forcé ans the USA Supports then
Venezuela should be the last country caring about oil 😅