Irrawaddy-Mar 17

Elected lawmakers from the ousted National League for Democracy government have sent a final notice calling on the largest foreign-owned oil and gas companies operating in Myanmar to suspend business ties with the military regime, warning that the money from sales of the oil and gas will be used to reinforce human rights violations in the country. In the latest effort to overthrow the junta, the acting minister for Planning, Finance and Industry, elected by the Committee Representing Pyidaungsu Hluttaw (CRPH), sent a final notice to France’s Total SE, Malaysia’s Petronas, Thailand’s PTT and South Korea’s POSCO. Myanmar earns around US$75 million to US$90 million per month from oil and gas sales. Almost all the earnings are paid to the government via the Myanma Oil and Gas Enterprise (MOGE), a state-owned company now controlled by the coup leaders.

Read more at: https://www.irrawaddy.com/news/burma/foreign-oil-gas-companies-urged-suspend-business-ties-myanmar-military-regime.html