Via AP news wire
The French energy company Total SA says its shareholders have voted to suspend distributions of cash to stakeholders in the joint venture company running a gas pipeline in Myanmar
Myanmar Total Pipeline
(Copyright 2018 The Associated Press. All rights reserved.)
Shareholders of the French energy company Total SA have voted to suspend payments of dividends to stakeholders in the joint venture company running a gas pipeline in Myanmar the company said Wednesday.
Pressure has been growing on companies with investments or operations linked to the Myanmar military to suspend any financial support following a Feb. 1 coup. The Yadana pipeline is partly owned by Myanmar Oil & Gas Enterprises, a government-controlled entity.