Important Australian energy supplier Woodside announces in turn its withdrawal from Burma

The company follows the step in TotalEnergies and Chevron who announced last week their departure from the country, nearly a year after the military coup.

Le Monde

The wholesale Australian energy supplier Woodside announced Thursday, January 27 his withdrawal from Burma, last company to leave the country, nearly a year after the military coup. “Woodside has decided to end his interests in Burma,” he said in a statement after nine years of presence in that country.

The company, based in Perth, operates many sites of exploration and drilling in Burma, where a military junta reversed last February the Government of Aung San Suu Kyi, putting an end to the current democratic transition In this country of Southeast Asia since 2010.

Woodside follows the Total GenenerGies and Chevron Mastodon Giant who announced last week their withdrawal from Burma where they were partners in the Yadana gas field.

pressure on large international groups

Faced with the repression of the dispute by the army, which has made more than 1,500 civilian victims according to the latest estimates and takes more and more the form of a civil war, NGOs maintain pressure on the big international groups, in order to push them to review their activities on site.

Wednesday, Washington urged US companies in the country to remain extremely suspicious and to avoid Burmese public enterprises, citing the risks of being associated with a military government.

These companies are exposed “to significant risks about their reputation as well as financial and legal risks”, in particular by violating sanctions and money laundering laws, according to a statement of six American ministries .

/Media reports.