US energy giant Chevron to leave Myanmar: statement

By AFP
22 January 2022
US energy giant Chevron to leave Myanmar: statement
 A Chevron station in the Hollywood section of Los Angeles, USA. Photo: EPA

US energy giant Chevron said it will pull out from Myanmar in a statement on Friday, shortly after French oil company TotalEnergies announced its own withdrawal from the country over "worsening" human rights abuses.

"In light of circumstances in Myanmar, we (will) enable a planned and orderly transition that will lead to an exit from the country," Chevron spokesman Cameron Van Ast said in the statement.

The announcement came after a growing campaign by rights groups and NGOs calling on oil and gas companies, and other foreign investors, to pull out of Myanmar in light of the February 1 military coup and the growing attacks by the junta on civilians around the country.

A large number of NGOs recently banded together to call on the United States and France to impose sanctions on Myanmar, given their oil and gas interests in the country.

AFP, Mizzima