SANCTIONS: U.S. OPENS INVESTMENT IN MYANMAR OIL AND GAS, OVER SUU KYIS ADVICECarey L. Biron
Security Council - which meets on Myanmar on Friday - to impose a global arms embargo and targeted economic sanctions on the junta and refer alleged atrocities to the International Criminal Court for prosecution. States should impose sanctions on the Myanmar Oil and Gas Enterprise, now c...
“Their associated business owners and cronies, also have to go through these two banks. So the transactions will impact them,” too he said. After the sanctions were imposed in late June, the regime attempted to open secret bank accounts for Myanma Oil and Gas Enterprise and Myanma Timber ...
With US$456 million invested in Myanmar last year alone, Singapore plays a substantial role in funding the junta’s abuses, be it by producing oil or paying it hard cash.
and Myanmar Oil and Gas Enterprise might also pack more punch, with a minimal impact on small, private companies and individuals. One idea gaining support is to prevent the junta from accessing vital oil and gas revenues paid into and held in banks outside the country, Chris Sidoti, a ...
China Co. vice chairman Wang Zhongcai and officials from Sino Pipeline International Co. Ltd., Petro China Gas Marketing Co. Ltd. and Chinnery Assets Limited. They discussed matters related to China-Myanmar bilateral cooperation in the oil and gas sector, and potential future areas of cooperation...
But in 1963, the newly installed military government finally nationalized it, creating the Myanma Oil and Gas Enterprise (MOGE) based on BOC assets (U Kyaw Nyein 2011). With its roots in imperial extraction, MOGE became a financial lifeline for 13 The Myanmar radical tradition: revolution, ...
Among Myanmar's intrinsic strengths are its rich endowments of natural gas, oil, and precious and semi-precious stones—though the experience of other countries shows that resources can be a mixed blessing.. Myanmar accounts for 90 percent of the world's jade production and...
Meanwhile, civil war continues to drag on, fueled by resistance from pro-democracy forces and armed ethnic groups. On the global stage, Myanmar remains largely isolated under ongoing economic sanctions. I recently read “Picking Off New Shoots Will Not Stop the Spring,” a powerful collection of...
Among Myanmar's intrinsic strengths are its rich endowments of natural gas, oil, and precious and semi-precious stones—though the experience of other countries shows that resources can be a mixed blessing.. Myanmar accounts for 90 percent of the world's jade production and is among the ...