Norges Bank Denies Korea Gas and India’s GAIL

Posted on 05/01/2023


Norges Bank Investment Management has made the decision to deny investment funds to majority state-owned Korea Gas Corporation, and the Indian Ministry of Petroleum and Natural Gas operator, GAIL, due to alleged collaboration with Myanmar’s military. Norges Bank explains the move is: “Due to unacceptable risk that the companies contribute to serious violations of individuals’…

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