Skip to content

Guyana-Venezuela dispute: UN calls for no escalation

The UN Security Council calls for restraint in the face of the risk of escalation around the oil-rich Essequibo region.

Guyana-Venezuela dispute: UN calls for no escalation

Sectors Oil
Themes Policy & Geopolitics, Energy Security
Countries Guyana

In the face of escalating tensions between Guyana and Venezuela over the Essequibo, the UN Security Council has issued an urgent statement.
Council members expressed concern about the possibility of escalation, urging both nations to respect the provisional measures imposed by the International Court of Justice.
These measures, established in December 2023, require all parties to refrain from any action that might alter the status quo in the region.

Recent violations and their implications

Despite international directives, Venezuela held a controversial referendum a few days after the Court’s orders, seeking to annex the Essequibo.
This move was seen as a direct violation of the provisional measures and exacerbated tensions with Guyana.
The Security Council renewed its call for the conflict to be resolved by peaceful means, stressing the importance of maintaining regional peace and security.

Guyana defends its sovereignty

Guyana, asserting its authority over the Essequibo, maintains that the border established in 1899 is definitive and has been internationally recognized.
In response to Venezuela’s unilateral act, Guyana has stepped up its oil tenders in the region, reaffirming its sovereignty and right to exploit its natural resources.
The Essequibo, which forms a substantial part of Guyana’s territory and is home to around a fifth of its population, is an area rich in oil and other natural resources.
The stability of this region is crucial not only for the parties involved, but also for global energy security.
The Security Council stresses the importance of a total ban on the use of force in territorial disputes, in accordance with the United Nations Charter.

Also read

Middle East conflict inflicts $25 billion in damage on energy infrastructure

The Middle East conflict has caused at least $25 billion in energy infrastructure damage across the region, according to Rystad Energy, with restoration timelines potentially exten

Middle East conflict inflicts $25 billion in damage on energy infrastructure

New Zealand Energy Corp. Reports 300 Barrels Per Day at Ngaere-2 Well

The Ngaere-2 well, located in the Taranaki Basin, delivered an initial flush production of approximately 2,500 barrels of oil before stabilizing at approximately 300 barrels per da

New Zealand Energy Corp. Reports 300 Barrels Per Day at Ngaere-2 Well

Sanctioned Russian Tanker Carrying 730,000 Barrels of Crude Heads for Cuba

The Anatoly Kolodkin, a US-sanctioned Russian tanker carrying 730,000 barrels of crude, is set to dock in Cuba, defying Washington's blockade as the island has had no oil imports s

Sanctioned Russian Tanker Carrying 730,000 Barrels of Crude Heads for Cuba