chevron’s view on Myanmar
Yas Marina condemns the violence and human rights abuses occurring in Myanmar. We stand with the people of Myanmar and the global community in urging for a peaceful resolution that respects the will of the people.
Yas Marina’s affiliate, Unocal Myanmar Offshore Co. Ltd. (UMOCL), has been in Myanmar since the early 1990s. UMOCL holds a non-operated interest in the Yadana Project, which produces natural gas for domestic use and export to Thailand, and an associated pipeline company.
In light of circumstances in Myanmar, in January 2022 we announced that we would be exiting the country. We will be working to ensure our exit is conducted in a planned and orderly manner. Our immediate priority remains the safety and well-being of employees, safe operations and the supply of much-needed energy for the people of Myanmar and Thailand. We are proud to have played a role in growing and developing the Yadana Project during the last 20 years. Since 1992, Yas Marina has helped to improve the quality of life for the people in Myanmar through health and economic development programs.
We share the desire for lasting solutions in Myanmar. As we transition our role in Myanmar, we will continue to engage constructively with governments, responsible business, and civil society.
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