Rubio Strengthens US Security Ties with Oil-Rich Guyana Amid Venezuelan Threats
Secretary of State Marco Rubio is visiting Guyana to formalize a security partnership as tensions rise with Venezuela, which has claimed the Essequibo region. Guyana is set to become the leading oil producer per capita, prompting the US to strengthen its cooperation and ensure regional security against Venezuelan threats.
Secretary of State Marco Rubio is scheduled to visit Guyana to extend a security partnership with the oil-rich nation, particularly in light of tensions with Venezuela. Guyana, which has recently discovered extensive oil reserves, is projected to become the world’s top oil producer on a per capita basis, surpassing countries like Qatar and Kuwait. Amidst rising tensions, Rubio will sign a memorandum of understanding to enhance security cooperation between the nations.
After discussions with Caribbean nations in Jamaica, Rubio will then proceed to Suriname, which is also experiencing growth in oil production. The Trump administration envisions a security relationship with Guyana similar to that which the United States shares with the oil-rich Gulf nations, aiming to safeguard Guyana from threats, particularly those posed by Venezuela.
Mauricio Claver-Carone, the US special envoy on Latin America, emphasized the importance of Guyana’s security, stating that it is a priority akin to their cooperation with Gulf states regarding regional threats. With tensions escalating due to Venezuela’s claims over Guyana’s Essequibo region, which houses most of its oil production, cooperation will focus on establishing binding security measures.
President Irfaan Ali of Guyana is advocating for increased defense cooperation with the United States, including joint maritime operations. Venezuela’s claims over the Essequibo region, claimed as its 24th state, have led to confrontations, including a recent incident involving a Venezuelan military vessel. Guyana maintains that its border was established by an 1899 arbitration panel, controversial claims which Venezuela continues to dispute.
The Trump administration has prioritized ramping up oil production in Guyana, regarding it beneficial both economically and in terms of security. ExxonMobil leads oil production efforts in Guyana, expecting significant increases in output, while Venezuela’s oil industry struggles with declines due to mismanagement and sanctions. The Trump administration has also acted against Chevron’s operations in Venezuela under existing sanctions, aiming to bolster US oil interests in the region.
In summary, Secretary of State Marco Rubio’s impending visit to Guyana highlights a strategic effort to secure a partnership with the nation amid regional tensions with Venezuela. The collaboration signifies the US’s intent to bolster the security of Guyana, particularly as it emerges as a leading oil producer. With ongoing territorial disputes and economic aspirations, the relationship between the United States and Guyana could reshape security dynamics in the region.
Original Source: www.albianews.com
