Japan's Eneos said to withdraw from Myanmar gas field project

A railway in Yangon, Myanmar. Photo: Pixabay.

Japanese energy company Eneos Holdings is planning to withdraw from a natural gas mining project in Myanmar amid ongoing criticism that the project is funding the country’s military junta, the Nikkei reported on Friday.

The project was initially supported by the Japanese government but was facing operational difficulties after conglomerate Mitsubishi Corp announced its withdrawal in February, the report said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter