Oil Companies Help Fuel Abuses in Myanmar

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MYANMAR HAS ABUNDANT  

NATURAL RESOURCES 

WORTH BILLIONS OF US DOLLARS  

IN REVENUE EVERY YEAR. 

 

THIS WEALTH BELONGS TO THE  

PEOPLE OF MYANMAR, 

BUT THIS REVENUE IS HELPING 

TO FUND A MILITARY JUNTA  

INSTALLED AFTER A COUP IN FEBRUARY 2021 

WHICH HAS COMMITTED  

MASS ATROCITIES AGAINST 

THE PEOPLE OF  

MYANMAR. 

 

IN RESPONSE TO THE ABUSES 

FOREIGN GOVERNMENTS HAVE IMPOSED SANCTIONS  

TO STOP THE FLOW OF CASH TO THE JUNTA 

BUT THE JUNTA’S BIGGEST SOURCE OF FOREIGN  

CURRENCY REVENUE--FROM NATURAL GAS 

—REMAINS LARGELY UNTOUCHED. 

 

SEVERAL MAJOR OIL & GAS COMPANIES 

ARE STILL PAYING MILLIONS OF DOLLARS  

IN GAS REVENUES EACH MONTH 

TO THE JUNTA-CONTROLLED  

MYANMAR OIL AND GAS ENTERPRISE (MOGE). 

 

THE BIGGEST SOURCE OF FUNDS COMES  

FROM JOINT VENTURES LED BY  

TOTAL ENERGIES AND PTT 

THESE REVENUES LARGELY GO TO  

JUNTA-CONTROLLED MOGE. 

 

IF COMPANIES, INVESTORS, AND CONCERNED  

GOVERNMENTS WORK TOGETHER TO  

ENFORCE TARGETED SANCTIONS ON MOGE 

THIS MASSIVE REVENUE FLOW TO THE  

MILITARY JUNTA COULD BE STOPPED. 

 

ONLY COORDINATED ACTION WILL  

WORK TO COMPEL THE JUNTA TO 

RESPECT HUMAN RIGHTS 

AND TAKE STEPS TO RESTORE  

DEMOCRATIC RULE. 

 

 

(New York, November 18, 2021) –Energy and extractive company payments to Myanmar military-controlled businesses are supplying crucial revenue to Myanmar’s ruling junta and posing serious legal, financial, and reputational risks for investors, Human Rights Watch said today.

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