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Venezuela Covets Guyana's Oil Fields - WSJ - The Wall Street Journal

The Wall Street Journal · last updated

Venezuela Covets Guyana’s Oil Fields - WSJ

Sunday’s referendum in Venezuela asked the electorate if it agrees that two-thirds of Guyana actually belongs to Venezuela. The dictatorship of Nicolás Maduro sought a “yes” vote and thought it had a lay-up.

Guyana was a British colony in 1899 when a Paris tribunal ratified its dominion over the Essequibo region. Caracas has long disputed the ruling. From early childhood Venezuelans marinate in the doctrine that the land was stolen from them. So approval on all five referendum questions—including one that proposed the creation of a new Venezuelan state—was the heavy favorite.

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