Total Energy and Chevron Corporation Global oil and gas companies and marketing companies have announced the closure of their operations in Myanmar. The two organizations issued a statement on Friday referring to the deteriorating situation in Burma.
Twenty-one Rohingya groups on Thursday called on US President Joe Biden and French President Emmanuel Macho to impose sanctions on Burma over oil and gas revenues.
Ton Khan (Brooke), chairman of one of Britain's 21 organizations, told Voice of Blake in a letter on Thursday that he had joined Chevron in the United States and France in a joint statement.
Two companies are importing gas to Myanmar.
As a result, the Burmese military earns billions of dollars a year. The money is now being used for criminal activities, including indiscriminate bombings and the killing of children by the Burmese military.
Meanwhile, British multinational oil and gas company Shell admitted for the first time yesterday that it had not extracted any mineral resources in Burma.
According to Reuters, Total Energy; Chevron and other companies are cooperating in the Yadana gas project on the southwest coast of Myanmar. Motama Gas Transportation Company (MGTC) supplies gas to the Myanmar-Thailand border.
"Since February 2021, human rights and the rule of law in Burma have deteriorated," Total Energy said in a statement. Given the situation, Total Energy does not see this as an opportunity to play a constructive role in Myanmar. As a result, Total Energy decided to withdraw its 'share' with Yadana Gas and MGTC without any compensation.
Chevron's spokesman said: "Given the current situation in Myanmar, we are interested in the Yadana gas project and are reviewing our plans to leave the country."
According to a Reuters report, Total Yadana has 31.24% of the gas project while Chevron has 26%. The rest are Thai companies PTT and Myanmar's state oil and gas company.
According to a report released yesterday by Singapore-based Channel Asia, the Thai company is considering the future of its involvement in the PTT Myanmar project.
A Shell spokesman told Reuters that its license had been revoked last year in search of the "offshore" block. So, now in Myanmar, natural gas, research has no chance to pay the government with revenue.
Rohingya activists have welcomed the decision of Western oil and gas companies in Burma. It has now demanded a ban on oil and gas in Burma.
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