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You are at:Home » Singapore companies are supplying oil to Myanmar war machinery -Finance found
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Singapore companies are supplying oil to Myanmar war machinery -Finance found

Adnan MaharBy Adnan MaharJanuary 29, 2025No Comments4 Mins Read1 Views
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Singapore -listed companies have lost their power in a coup more than three years ago, so they will provide a brutal campaign for war crimes against civilians to supply more than $ 150 billion oil to Myanmar’s military government. We provided fuel.

Interra ResourceS LTD is a partnership with a subsidiary of China North Industries, a subsidiary of China’s largest weapon manufacturer Ownered I am doing it.

Goldpetrol Joint Operating Company Inc, a joint venture, has provided more than 2.3 million barrels of oil to the government since gaining the power of the army in February 2021. For Myanmar (JFM).

Interra reported that it had earned about $ 55 million from the Myanmar joint venture until the end of 2021 (one month before the coup) and the end of 2023.

GOLDPETROL oil has been sophisticated in processed facilities controlled by diesel and air fuel organizations to supply power to military war machinery.

After thousands of people died, gaining the power of the military government, more than 3.3 million evacuated, causing a civil war, one of the most violent conflicts in the world.

The military airlines’ strike destroyed the evacuation camp and destroyed the entire community as the United Nations investigator said that it was a fierce campaign for war crimes and humanitarian. These are intentionally targeted for civilians as part of the strategy to block the support of the armed groups fighting the nation.

The Myanmar army carried out 820 air bombings between May and August last year -average seven -a day killed 455 civilians and injured hundreds of more.

In order to stop bombardment, the European Union, the United States, the UK, etc. are imposed sanctions on people and companies selling Jenta air fuel.

As a company based in Singapore, Interra is not subject to these sanctions. However, in terms of global criticism, urban states tried to stop the flow of weapons to Myanmar through territory, but the stock exchanges with Interra shares violated international sanctions. Bred a rule that could stop companies.

GOLDPETROL, which runs the largest land oil field in Myanmar, is one of the few domestic oil sources that the military can purify to jet fuel. John Shifton, head of Asia’s protection of Human Rights Watch, said, “a company that worked in a co -company known for such atrial.”

He emphasizes the results of FU and JFM that GOLDPETROL oil is sent to a military refinery, which may be considered to be a loss of international sanctions aimed at starving military fuel. I did.

“It is essential for existing sanctions to restrict the support and funds to the Myanmar army, make military purchases, and hinder the ability to procure military supplies. “He said.

According to Interra, GOLDPETROL had to meet the “contract obligations” in the production sharing agreement, and continued to supplement MOGE after being seized by the government.

“Gold petrol is obliged to sell all oils produced by the host government,” said Interra’s spokeswoman, saying in an email, saying, “The applicable ESG (environment, society, and governance) requirements. I was complying with. “

In addition to providing fuel to the army, fossil fuels are the biggest source of foreign income of military governments tied to cash. Authorities said that despite the fact that many major western energy companies have withdrawn from Myanmar, the authorities have increased the profit of $ 2 billion between April and December of 2023 alone. I am claiming.

The army uses these benefits to import weapons for atrocities campaign to its own. A previous survey by JFM found that Norinco, the parent company of Interra joint venture partner, sells millions of dollars, including armored personnel and heavy weapons.

Norinco did not respond to the comment request.

An Interra spokeswoman said that the company had no transaction with Norinco, but Norinco was interested in another company’s oil field.



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Adnan Mahar
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Adnan is a passionate doctor from Pakistan with a keen interest in exploring the world of politics, sports, and international affairs. As an avid reader and lifelong learner, he is deeply committed to sharing insights, perspectives, and thought-provoking ideas. His journey combines a love for knowledge with an analytical approach to current events, aiming to inspire meaningful conversations and broaden understanding across a wide range of topics.

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