By the s, however, most oil fields in the United States were nearing depletion so the company began investing in energy projects outside the U. One project that attracted the company was the "Yadana Field," a natural gas field that belonged to Burma and that lay off its coast beneath the Andaman Sea. Estimates indicated the Field had over 5 trillion cubic feet of natural gas, enough to continue in production for 30 years. In Burma had signed a contract with Total S. A, a French company that gave Total the right to develop the field and build a pipeline to transport the gas to Thailand, whose government wanted to buy the gas. Total invited other companies to buy into the project as partners.
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In: Social Issues. Michael Pedrahita Business Ethics Prof. These were the main participants that would directly benefit as a result of the project. The people who were living in the area that the pipeline was to be constructed are important stakeholders. Their lives are going to be greatly affected and interrupted by the construction of the pipeline.
Case: Pepsi in Burma
These benefits include significantly improved health care, improvements in education, new transportation infrastructure and small business opportunities. Unocal also claimed that it provide 7, paid jobs during the construction of the project. The improved health care significantly reduced the infant mortality rate in the area.
In: Social Issues. Sense the hard labor is done by the Burmese people then their Government should hold Unocal responsible for paying them a daily wage for the work that they do. Choosing to continue embarking on business agreements with impoverished counties without doing the proper research is unethical and immoral, and can show how a company can continue turning a blind eye to make a profit.