photo by jon nicholson

news - Update: Total Says Won't Quit Burma After NGO Accusation

september 11th, 2009

"French energy major Total will not leave Burma, its head told a French daily, after a US environmental group accused it of supporting the country's military junta with revenue from its gas operations.

The report by Earth Rights International (ERI) said the Yadana gas project, which also involves Chevron Corp of the US and Thailand's PTTEP, had generated $4.83 billion for the regime since 2000, nearly all of which was siphoned off from the national budget and into offshore bank accounts in Singapore."

MORE: "Total says won't quit Burma after NGO accusation" (Reuters)

PREVIOUSLY: "Oil Majors Propping Up Burma Regime: Rights Group"

back

Privacy Policy and Terms of Use