Thai Firm Signs Up for Another Offshore Natural Gas Project in Myanmar
“Junta-owned Myanmar Oil and Natural Gas Enterprise (MOGE) and Thailand’s Gulf Petroleum Myanmar (GPM) signed a product-sharing contract in Naypyitaw on Thursday for offshore natural gas production, the first new natural gas project since the 2021 coup.”
“Two major offshore gas projects—Yadana and Zawtika—are operated by Thailand’s partially state-owned oil giant PTT Exploration and Production Public Company Limited (PTTEP), along with associated pipelines in partnership with MOGE.”
“Several major energy companies have withdrawn from Myanmar since the 2021 coup due to concerns over human rights abuses and political instability. Among them were the U.S.’ Chevron, France’s TotalEnergies, and Australia’s Woodside. Chevron and TotalEnergies also withdrew from Yadana.”