Chevron pushes to keep away from additional sanctions towards Myanmar

Final month, Secretary of State Antony J. Blinken, with out naming names, personal firms beneath strain rethinking the help given to the Burmese military after the coup.

“Some nations and firms in varied components of the world have vital investments in firms that help the Burmese army,” Blinken mentioned in releasing the State Division’s annual report on human rights violations. on the planet. “They need to have a look at these investments and rethink them as a option to deny the army the monetary help it wants to take care of itself towards the need of the individuals.”

Braden Reddall, a spokesperson for Chevron, mentioned in an announcement that “we condemn human rights violations in Myanmar and we help the individuals of the nation on their journey to a contemporary, peaceable and affluent democracy.”

Mr Reddall mentioned Chevron was “a non-operating associate” within the Yadana subject by a subsidiary, which he mentioned doesn’t management direct funds to Myanmar Oil and Gasoline Enterprise, apart from taxes. on earnings. “If we do not pay our taxes, we’re in breach of contract, which may put workers at undue danger of legal prosecution,” he mentioned.

He instructed that there might be different unfavorable uncomfortable side effects of the sanctions for residents of the area, together with the disruption of power provides. Yadana fuel accounts for about 8% of electrical energy in Thailand and about half of all electrical energy in Myanmar’s largest metropolis, Yangon, Reddall mentioned, including that power “is essential for properties. , faculties, hospitals ”and communication.

Yadana, he mentioned, is “a mature subject that requires ongoing upkeep to take care of security and future manufacturing.” If the sector had been to be closed for an prolonged interval, he mentioned, it “may hurt its future manufacturing potential.”

Mr Reddall mentioned Chevron had had no contact with the brand new army authorities and had “had no discussions with the MOGE on the potential for sanctions.” He declined to debate Chevron’s lobbying actions apart from saying the corporate “complies with all legal guidelines and rules wherever we function.”


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