Myanmar: Natural Gas

Foreign, Commonwealth and Development Office written question – answered on 9 February 2023.

Alert me about debates like this

Photo of Baroness Nye Baroness Nye Labour

To ask His Majesty's Government what assessment they have made of the British insurance companies providing services to the gas extraction and export industry in Myanmar.

Photo of Lord Ahmad of Wimbledon Lord Ahmad of Wimbledon Minister of State (Foreign, Commonwealth and Development Office)

We recognise that Myanmar's gas extraction sector is a vital source of revenue for the military. We are unaware of any British companies providing services to this sector. Since the military coup in Myanmar, the UK has led international efforts to reduce the military's access to revenue, arms and equipment. To prevent the military from profiting off natural resource extraction, we have imposed extensive sanctions on the regime and its associated businesses. We have also strengthened our Overseas Business Risk Guidance, to warn companies of the risks associated with Myanmar's extractive sector. We will continue to do all we can to cut the military's access to revenue, through both sanctions and non-sanctions measures.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.