The U.S. government has avoided sanctioning Myanmar’s offshore gas sector, despite it being the largest source of revenue for the military junta, in part because of fears of harming Thailand’s energy security. Our analysis confirms that even if gas revenues were sanctioned, in the unlikely event the junta cut off gas supplies to Thailand, the only impact would be a relatively marginal increase to electricity costs.
This latest fact sheet details:
- Big Oil’s complicity in the junta’s atrocity crimes as it treats the junta as a recognized government and spreads disinformation on Thai energy security.
- Quantitative data demonstrating Thailand’s lack of reliance upon Myanmar gas for energy security, particularly as it relates to fuel-switching ability and LNG import capacity.
- Comparisons between the cost of ending Thailand’s use of Myanmar gas with Germany’s use of Russian gas.