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US and France fail to block gas revenue to Myanmar junta – Mizzima

January 3, 2022 Campaign News

Rights groups and NGOs are criticising the US and France for their failure to sanction the Myanmar regime and block revenue from gas extraction, reports Mizzima.

American oil giant Chevron, and French oil giant Total, are part of a consortium of companies operating the Yadana gas field in Burma. Before the surge in global gas prices in the past year, the project was estimated to earn the military around $400 million dollars annually.

According to Burma Campaign UK, Chevron and Total are too embarrassed to reveal exactly how much the project is earning the military now.

Read Mizzima report

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Previous Post:Biden and Macron Must Stop Blocking Gas Revenue Sanctions on Burmese Military
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