Urgent action needed to stop oil and gas majors bankrolling the Myanmar military regime

February 9, 2021

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Feb. 9, 2021, Myanmar: Justice For Myanmar has published figures showing that the military regime could receive close to US$1 billion from oil and gas majors, enough to bankroll and entrench their rule following the February 1 military coup. The most significant sources of revenue are from Total (France), Chevron (USA), Posco (South Korea), Petronas (Malaysia) and PTTEP (Thailand). Justice For Myanmar calls for immediate targeted sanctions against state oil company Myanma Oil and Gas Enterprise (MOGE).

Justice For Myanmar spokesperson Yadanar Maung says: “Oil and gas is again the most important sector for Myanmar’s brutal military generals and their illegitimate military regime. If they are allowed access to oil and gas revenue, they can sustain and entrench their regime. The international community must not let that happen. We call for immediate targeted sanctions against Myanma Oil and Gas Enterprise and all other military-owned businesses. Now is the time to act. Business cannot continue as usual until there is federal democracy with the military under civilian control.”

Justice For Myanmar reiterates calls for business to cut ties with all military-owned entities, including MOGE.  

Yadanar Maung continues: “Justice For Myanmar calls on all oil and gas companies to end their relationship with Myanma Oil and Gas Enterprise and exit our country. Every day they stay in production they are earning much-needed revenue for the military regime, fuelling brutal repression. We call on Total, Chevron and all other oil and gas companies to act now and stand with the people of Myanmar. If they continue business as usual, we will hold you responsible for the brutality that the military inflicts on the people.”

Note to editors

See Justice For Myanmar’s web feature on how oil and gas here: https://www.justiceformyanmar.org/stories/how-oil-and-gas-majors-bankroll-the-myanmar-military-regime

Justice For Myanmar, a group of covert activists campaigning for justice and accountability for the people of Myanmar, is calling for an end to military business and for federal democracy and a sustainable peace.


For more information please contact:

Yadanar Maung

Email: media@justiceformyanmar.org

Website: https://www.justiceformyanmar.org/

Mirror: https://justiceformyanmar.github.io/justiceformyanmar.org/

Twitter: @justicemyanmar

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