The exit of the energy giants TotalEnergies and Chevron from Myanmar’s billion-dollar gas industry has been hailed by rights groups, but analysts say it will not significantly weaken the generals and may even enrich the military in the short term.
Both firms had faced pressure to cut financial links with the junta that toppled Aung San Suu Kyi’s government last year and has since killed more than 1,400 people in a crackdown on dissent, according to a monitoring group.
