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Article

16 Jun 2012

Author:
Paul Donowitz, EarthRights International [USA]

The Rush for Burma’s oil and gas: not so fast, says Aung San Suu Kyi

...[S]peaking before the International Labour Organization...Daw Aung San Suu Kyi recommended that governments prohibit their companies from doing business with Burma’s state-owned oil and gas company, Myanma Oil and Gas Enterprise (MOGE) until the company adopts responsible and transparent business practices...Because of the requirement that all oil and gas investments be made through joint ventures with MOGE, Daw Suu’s recommendation effectively suggests to foreign governments that they prohibit companies from oil and gas investments in Burma until there are significant reforms within MOGE. Daw Suu also endorsed the requirements of publish what you pay, and international movement to require the transparent disclosure of payments to governments related to the extraction of oil, gas, and mining...[E]xtractive companies are already planning their moves into Burma, and only government action can slow them down. Will these governments...adhere to this sound advice, or will they allow their companies to exploit Burma’s natural, non-renewable resources for their own gain? [refers also to Chevron, Total, PTT Exploration and Production]