Dear Editor,

Anyone who understands incentives, risks and opportunities would find the following timeline, which relates to “oil and (external) conflict,” at least interesting:

March 3, 2015: Guyana approaches the Secretary General of the United Nations to choose another of the means of settlement; Guyana indicates its preference for a judicial settlement of the issue

March 5, 2015:  Exxon spuds Liza-1

May 11, 2015: Guyana holds general elections

May 16, 2105: New government takes office

May 20, 2015:  ExxonMobil issues first public statement announcing significant oil discovery offshore Guyana Bookending these dates are, on the one hand:

February 17, 1966: The signing of the Geneva Agreement between Venezuela and the UK, with the Prime Minister of British Guiana signing on behalf of the latter; and

May 26, 1966: Independence Day, when Guyana is born On the other hand (admittedly, dates are in the future):

May 25, 2025: Venezuela to hold elections for governors and regional deputies, with the ballot including Essequibo as one of its states

May26, 2025: Guyana observes its 58th Independence Anniversary Day

May 20, 2025: will mark ten years since the oil discovery was announced by ExxonMobil.

The article Rethinking Guyana in the absence of the 1966 Geneva Agreement appeared first on Stabroek News.