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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Why Venezuela Wants to Annex Over Half of Guyana | WSJ
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venezuelavenezuela newsguyanaguyana newsessequibovenezuela vs guyanavenezuela guyana disputevenezuela annexvenezuela border disputeguyana resourcesguyana oil boomguyana oil reservescaracasessequibo land disputeguyana venezuela essequibo referendumdisputed essequibo regionessequibo referendumessequibo guyanarainforestgold and diamondsessequibo resourcesgold reservesExxonMobilnatural gaskuwaitopecguyana gdpNicolas Madurowonews