Eneos to withdraw from Myanmar gas field project
3/25/2022
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.
(Reporting by Sakura Murakami; Editing by Jacqueline Wong)
Sign up to Receive Our Newsletter
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- Five energy market trends to track in 2026, the year of the glut
- Venture Global wins LNG arbitration case brought by Spain's Repsol
- Trinity Gas Storage reaches FID on Phase II expansion
Comments