BusinessNews

Canadians call for sanctions on Myanmar state-owned energy firm MOGE

The move, which would be in step with Canada’s closest allies, would block the controversial sale of a major stake in the Yadana pipeline to a little-known Canadian firm

Hundreds of Canadians have signed a petition calling on the government of Justin Trudeau to sanction Myanmar’s state-owned energy firm Myanma Oil and Gas Enterprise (MOGE) in order to block a little-known Canadian company from buying the largest stake in the Yadana offshore gas and pipeline project.  

The company, Alberta-based MTI Energy Inc., has for more than a year been in the process of buying US oil giant Chevron’s stake in the Yadana project, considered to be the largest source of revenue for Myanmar’s junta.

If the backers of the petition—directed at Canadian Foreign Minister Mélanie Joly—have their way, the sale would be blocked by sanctions on MOGE, a state-owned entity heavily involved. . .

Subscribe for full access to

Get unlimited access to high-quality reporting from the frontlines and support independent journalism.

Subscribe Now

Related Articles

Back to top button