Скачать или смотреть Punjabi News | Oil Companies Reference Deteriorating Human Condition | Desi Tv Usa | 22 Jan 2022

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French oil giant TotalEnergies and U.S. energy firm Chevron on Friday announced plans to withdraw from Myanmar, citing the deteriorating humanitarian crisis in the Southeast Asian country following last year’s coup.

TotalEnergies said it had started the process of withdrawing from the Yadana offshore gas field and the MGTC transportation system as the situation in the country “no longer allows TotalEnergies to make a sufficiently positive contribution in the country.”

The company said its partners had been notified and the withdrawal “will be effective at the latest at the expiry of the 6-month contractual period.”