US Sanctions Myanmar Junta’s Gas Revenue

Click to expand Image The United States government has imposed a ban on financial transactions involving the Myanmar state-owned oil company, the Myanma Oil and Gas Enterprise (MOGE), in a long overdue move aimed at stanching the junta’s atrocities. MOGE’s natural gas projects generate over US$1 billion annually for the Myanmar junta, its single largest source of foreign revenue. Since the February 2021 coup, that flow of funding has underwritten crimes against humanity and war crimes carried out by the junta across the country. Unlike other junta-controlled entities that the US has sanctioned…

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