Last month, Secretary of State Antony J. Blinken, with out naming names, pressured private corporations to rethink offering help for Myanmar’s navy after the coup.
“Some countries and some companies in various parts of the world have significant investments in enterprises that support the Burmese military,” Mr. Blinken stated in releasing the State Department’s annual report on human rights abuses worldwide. “They should be looking at those investments and reconsidering them as a means of denying the military the financial support it needs to sustain itself against the will of the people.”
Braden Reddall, a spokesman for Chevron, stated in an announcement that “we condemn the human rights abuses in Myanmar and we support the people of the country on their journey to a modern, peaceful and prosperous democracy.”
Mr. Reddall stated Chevron is “a nonoperating partner” within the Yadana subject by means of an affiliate, which he stated doesn’t management direct funds to Myanmar Oil and Gas Enterprise, aside from revenue taxes. “If we do not pay our taxes, we stand in breach of contract, which could put employees at undue risk of criminal charges,” he stated.
He instructed that there could possibly be different destructive unwanted side effects from sanctions for folks within the area, together with the disruption of power provides. Gas from Yadana accounts for about 8 % of the electrical energy in Thailand and round half of all electrical energy in Myanmar’s largest metropolis, Yangon, Mr. Reddall stated, including that the power “is crucial for homes, schools, hospitals” and communication.
Yadana, he stated, is “a mature field that requires ongoing maintenance to maintain safety and future production.” If the sector had been to be shut down for an prolonged interval, he stated, it “could adversely affect its future production potential.”
Mr. Reddall stated Chevron has not had any contact with the brand new navy authorities and has “had no discussions with MOGE on the potential for sanctions.” He declined to talk about Chevron’s lobbying actions aside from to say that the corporate “complies with all laws and regulations wherever we operate.”