After more firms quit, Myanmar junta claims Russia to enter energy industry — Radio Free Asia

Posted on by superadmin | 1309 Views | 27 min read
A logo of Petronas is seen at the Malaysian state-owned oil firm’s office in Kuala Lumpur, April 27, 2022. Credit: Reuters.

Russia will soon begin participating in Myanmar’s energy industry in place of international companies that quit, the Burmese junta said in response to the exit of three big Asian firms from a gas field in the coup-hit nation. Since April 29, the Malaysian and Thai state-owned oil firms and a Japanese energy conglomerate have withdrawn

Mitsubishi and Petronas to sell stakes in Myanmar’s Yetagun gas field

Posted on by superadmin | 903 Views | 7 min read
Mitsubishi Corp. headquarters in Tokyo | KYODO

Source link. In a time of both false information and too much info, quality journalism is more important than ever.By subscribing, you can help us get the story. SUBSCRIBE NOW Tokyo/Singapore– Malaysias Petronas and Japans Mitsubishi Corp. are divesting their stakes in Myanmars Yetagun gas field, the business stated, in the most recent exits by

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