July 2021, by Finance Uncovered and Myanmar Now
The more profits made from pipelines by overseas investors, the lower the profits generated for the state.
Leaked docs have revealed the enormous profits made by foreign state-controlled companies which own the pipelines exporting Myanmar’s natural gas.
In just three years between 2017-19, two pipelines to Thailand and one to China earned investors a total of $1.11 billion in dividends, according to leaked corporate records seen by Myanmar Now.
Published: Myanmar Now