NGOs voice concerns over failure of US and France to block gas revenue to Myanmar junta

03 January 2022
NGOs voice concerns over failure of US and France to block gas revenue to Myanmar junta
Chevron comes to the Rakine Basin, Myanmar. The Jack - St Malo Deepwater Oil Project, Gulf of Mexico, United States. Photo: Chevron

A number of rights groups and NGOs have expressed concern over a failure by the US and France to not sanction the Myanmar regime and block revenue from gas extraction.

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.