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Several energy companies said they would not suspend energy projects in Myanmar.

Myanmar's central bank says it will crack down on illegal cash-outs and stabilize financial order

YANGON, MYANMAR - 2021/02/02: A soldier stands on guard outside Yangon Hindu temple. Myanmar's military detained State Counsellor of Myanmar Aung San Suu Kyi and declared a state of emergency while seizing the power in the country for a year after losing the election against the National League for Democracy (NLD). (Photo by Aung Kyaw Htet/SOPA Images/LightRocket via Getty Images)

Recently, Australia’s Energy Newsletter quoted Peter Coleman, chief executive officer of the country’s Woodside Oil Company, as saying that despite the current political turmoil in Myanmar, the company’s energy exploration and exploitation work in Myanmar will proceed as scheduled.

Coleman said: “The current political turmoil in Myanmar is a transitional issue. We can spend more time observing and evaluating, during which exploration and exploitation will not be affected.

Coleman added that U.S. sanctions will not affect the normal operation of Woodside Oil’s Myanmar project.

French Total Oil Company issued an official statement on the 19th, saying that it was concerned about the current situation in Myanmar and would strive to ensure the safety of the company’s employees and associate employees.

“We hope to find a peaceful solution through dialogue and hope to see peace and prosperity again in Myanmar,” Total said in a statement.

Earlier this week, South Korea’s Central Daily quoted Pohang International spokesman Choi You-han as saying: “Political turmoil has not affected our natural gas production in Myanmar.” He added, “No matter how volatile the political situation is, natural gas is necessary for every country.”

On February 1, Myanmar President Wen Min, Senior State Government Daw Aung San Suu Kyi and other senior government officials were detained by the military.

Subsequently, state power was transferred to Min Aung Lai, the commander-in-chief of the National Defense Force, and Myanmar entered a one-year “state of emergency”.

Protests have been flared across Myanmar since February 6, and this week, demonstrators protested in the offices of energy companies in Yangon in France, Australia, Thailand, Malaysia and other countries.

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