CARICOM decries Venezuelan threats to Guyana over oil blocks

CARICOM yesterday deplored threats by Venezuela against Guyana following its auctioning of offshore oil blocks.

In a statement yesterday, the Caribbean Community (CARICOM) said it had noted with grave concern a communique from Venezuela in relation to Guyana’s intention to open bids for oil blocks in waters adjacent to Guyana’s coast.

“CARICOM views the stated intention of Venezuela to `apply all the necessary measures’ to prevent the operations licensed by Guyana in its waters, as a threat of the use of force contrary to international law. It is also not in keeping with the long-standing position of the Latin American and Caribbean countries that our Region must remain a Zone of Peace.