Thailand's PTTEP to take over Myanmar gas field after exit of TotalEnergies

Photo: Reuters

Thai oil and gas giant PTT Exploration and Production Pcl said on Monday it would take over operations of the Yadana gas field in Myanmar from July following the exit of France’s TotalEnergies.

Oil majors Chevron and TotalEnergies in January withdrew from Myanmar citing worsening humanitarian conditions following last year’s coup.

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