US Sanctions Burma’s State Oil and Gas Company Over Junta’s Atrocities

The United States has imposed sanctions on the military junta’s ’most lucrative state-owned enterprise' over its atrocities against civilians.

Soldiers stand next to military vehicles as people gather to protest against the military coup, in Yangon, Burma, on Feb. 15, 2021. Stringer/Reuters

The United States on Oct. 31 imposed sanctions on Burma’s most lucrative state-owned enterprise, the Myanma Oil and Gas Enterprise (MOGE), in a bid to stifle funding for the military junta’s arms supply.

The sanctions, which will take effect on Dec. 15, prohibit Americans from “providing, exporting, or reexporting, directly or indirectly, financial services” to MOGE, the Treasury Department said in a statement.