abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

27 Jun 2022

Author:
The Irrawaddy

Myanmar regime chief’s son allegedly plans to import Russian oil

Myanmar regime chief’s son to import Russian oil, 27 June 2022

The son of Myanmar junta leader Senior General Min Aung Hlaing is planning to import oil from Russia, the regime’s major arms supplier.

Min Aung Hlaing’s son U Aung Pyae Sone, Shwe Byain Phyu Group of Companies (SBP) owner U Thein Win Zaw, Lucky Star Jade Company owner U Aung Myint and a few other businessmen will form a venture to import and distribute fuel from Russia.

U Aung Pyae Sone and cronies are inviting local oil importers to join their venture, oil industry sources told The Irrawaddy.

“They will establish a new company and monopolize the market,” said one oil importer.

Sources told The Irrawaddy that U Aung Pyae Sone and his partners will fly to Russia soon to discuss the details for importing oil...