In THe NEws

The junta rejected M1 Group's attempt to purchase the unit last year, saying they preferred a local buyer. As a result of the military coup in February 2021, providing services as a telecoms operator in Myanmar has become harder and harder.

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The energy firms Chevron and Total have announced they will withdraw from Myanmar, a breakthrough for activists who have campaigned for the companies to cut off what is a major source of revenue for the military junta.

Der französische Energiekonzern Total Energies und der US-amerikanische Ölmulti Chevron ziehen sich aus Myanmar zurück. Grund für die Entscheidung sei die sich verschlechternde Menschenrechtslage und Rechtsstaatlichkeit seit dem Putsch vom Februar 2021, erklärte Total am Freitag in Paris.

TotalEnergies and Chevron are set to pull out of Myanmar’s main Yadana offshore gasfield, bowing to longstanding pressure from campaigners calling for them to cut off a leading revenue source for the country’s military junta.

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French oil giant TotalEnergies and U.S. energy firm Chevron on Friday announced plans to withdraw from Myanmar, citing the deteriorating humanitarian crisis in the Southeast Asian country following last year’s coup.

Riksrevisionen stöd till juntan i Myanmar går via ASEAN:s högsta revisionsorgan (ASEANSAI) och den internationella revisionsorganisationen INTOSAI (International Organization of Supreme Audit Institutions).

The US’s Chevron and France’s Total, two of the world’s largest oil producers, announced they would cease operations in Myanmar on Friday following almost a year of intense campaigning to shame the companies into ending their financial support for the junta.

မြန်မာနိုင်ငံတွင် စစ်တပ်က အာဏာသိမ်းပြီးနောက်ပိုင်း ဆိုးရွားလာသော အခြေအနေများကြောင့် အထင်ကရ ရေနံနှင့် သဘာဝဓာတ်ငွေ့ စီမံကိန်းကြီးနှစ်ခုမှ နုတ်ထွက်ရန် ဆုံးဖြတ်လိုက်ကြောင်း ပြင်သစ်ရေနံကုမ္ပဏီကြီး Total က ယနေ့ (ဇန်နဝါရီ ၂၁) ထုတ်ပြန်သည်။

Oil majors TotalEnergies (TTEF.PA) and Chevron Corp (CVX.N), partners in a major gas project in Myanmar, said on Friday they were withdrawing from the country, citing the worsening humanitarian situation following last year's coup.

France’s TotalEnergies has endorsed targeted sanctions on gas revenues in Myanmar, a shift that campaigners said could hit a significant source of funding for General Min Aung Hlaing’s military junta.