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TotalEnergies and Chevron to Leave Critical Gas Field in Myanmar [The New York Times]
Last chevron corporation earnings: 5/1 06:45 am
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TotalEnergiesTotalEnergies said that it was responding to a deterioration of the human rights situation and the “rule of law” in Myanmar since themilitary coup last FebruaryThe situation had reached a point, the company said, where it could no longer “make a sufficiently positive contribution in the country.” Since the coup, the military regime has waged a brutal crackdown on protests. Soldiers and the police have killed at least 1,488 civilians, according to theAssistance Association for Political PrisonersChevron and TotalEnergies have in the past argued that their presence was beneficial to the people of Myanmar and that shutting off the flow of gas would increase hardship. Chevron says that the gas from the Yadana field generates electric power for roughly half of the population of Yangon, Myanmar’s largest city, as well as supplying Thailand.Effectively turning off the powerLast year,Chevron waged a vigorous lobbying campaignThe companies, though, have evidently decided that they
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