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Singapore: Petroleum company denies allegations of supplying oil to the Junta in Myanmar; incl. co comments

Chinese pipeline under construction near Hsipaw, Myanmar

Justice For Myanmar’s (JFM) report reveals alleged links of Singapore-listed petroleum company Interra Resources to supplying fuel oil to the Junta in Myanmar in alleged violations of international sanctions. The Junta, since the military coup, has relied mainly on domestic supply and production of oil to operate while facing foreign sanctions and embargos.

According to the JFM, Interra Resources “owns 60 percent of the shares in the joint venture Goldpetrol, a firm that has supplied more than two million barrels of oil to the military-owned fossil fuel giant Myanma Oil and Gas Enterprise (MOGE).”

Despite allegations, Interra Resources stated that it has not breached international sanctions in Myanmar.