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Expert: Guyana intends to develop oil fields at disputed waters

The English-speaking Caribbean country has already tried to explore disputed waters in search of hydrocarbons

ERNESTO J. TOVAR | EL UNIVERSAL
Monday October 17, 2011 12:39 PM

There are seven trillion cubic feet of gas in Venezuela's Deltana Platform (Photo: N. Rocco)

The delimitation of the marine and submarine waters of the Venezuelan territory at the coasts of the state of Delta Amacuro (western Venezuela) is a vital issue to ensure control over known energy resources and those likely to be found in the area.

However, Guyana's formal request to the United Nations Commission on the Limits of the Continental Shelf (CLCS) to extend its continental shelf and maritime domain from 200 to 350 nautical miles is a threat to Venezuelan gas projects such as Deltana Platform located at Delta del Orinoco, said geologist Aníbal Martínez, a member of the National Academy of Engineering and Habitat and former adviser of the Minister of Energy and Mines and state-run oil company Petróleos de Venezuela (Pdvsa).

Martínez said that Guyana has requested the UN to extend a border line with Venezuela, but to the detriment of Venezuelan territory and maritime domain. "Guyana says that its line starts in Punta Playa (at the most southeastern point in Delta Amacuro) and (the country) continues to grant" offshore oil concessions.

Venezuela "would be locked up and would lose more territory than the Essequibo territory. This is an area of about 170,000 square kilometers," according to Martínez.

The Venezuelan expert said that the Deltana Platform includes offshore exploration and development of non-associated gas with reserves of some 7 trillion cubic feet of gas.

Translated by Gerardo Cárdenas

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