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Arakan Conference Calls for State to Get 50% of Oil and Gas Revenues

30 April 2014

Delegates attending the Arakan National Conference in Kyaukphyu are calling for half of the revenues from oil and gas projects in the region to go to the Arakan State government, Mizzima reports. The proposal was backed by local civil society organizations, Mizzima said, and it comes as the national government is in negotiations with international firms over the rights to explore 20 blocks for oil and gas off Burma’s coast. “If laws like these are not prescribed soon, [Arakan] State could soon be left depleted of resources,” Mizzima quoted Ko Soe Shwe from local group Sky Youth as saying.