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Article

11 Nov 2015

Author:
Nafeez Ahmed, Middle East Eye

Myanmar: Oil majors awarded contracts by junta in Rakhine basin where Rohingya face 'extinction'

"West, Gulf complicity in oil-fuelled genocide of Myanmar's Rohingya", 11 November 2015

...“Burma is estimated to possess 3.2 billion barrels of oil and 18 trillion cubic feet (tcf) of natural gas reserves… Its unproven resources may be vastly greater.”

...US, British, Australian and European oil majors have been awarded contracts by the junta, including BG Group and Ophir (UK); Shell (UK-Netherlands); Statoil (Norway); Chevron and Conoco Phillips (US); Woodside (Australia); Eni (Italy) and Total (France).

Many of these contracts - particularly those involving Chevron, Ophir, Woodside, and Eni - are production-sharing initiatives in the Rakhine basin, just off the coast of the Rakhine state where local Rohingya Muslims face the prospect of extinction.

[Companies also mentioned in the commentary are Aramco, Daewoo, China National Petroleum Co., Daewoo, Ooredoo, & Qatar Airways]

*Sourced by RepRisk due diligence on ESG and business conduct risks, www.reprisk.com.