Mizzima.com-Feb 12

Justice For Myanmar has called for Canadian and UK sanctions on MOGE  (Myanma Oil & Gas Enterprises) following MTI Energy’s investment in the Yadana Gas Project. US oil major Chevon is selling its 41.1% stake in the Yadana Gas Project to a subsidiary of the Canadian oil company MTI Energy. Chevron first disclosed the deal to the Guardian. Yadana is the biggest gas project in Myanmar, within an industry that is the largest source of foreign revenue for the illegal military junta. Gas revenue bankrolls the junta’s ongoing war crimes and crimes against humanity. The Yadana project was formerly operated by TotalEnergies, which withdrew in 2022, increasing Chevron’s stake to 41.1%, the largest in the consortium. Other stakeholders in the project are PTTEP, the current operator, MOGE, a state agency illegally controlled by the junta. Through the sale, MTI Energy and Chevron will ensure funds continue to flow to the junta, making them complicit in the junta’s international crimes. “We call on the Canadian and UK governments to immediately sanction MOGE and prevent companies in their territories from financing the junta’s international crimes.” Read more at: https://www.mizzima.com/article/justice-myanmar-calls-canada-and-uk-sanction-moge