Despite ENEOS Holdings announcing that its withdrawal from the Yetagun gas project in Myanmar had been “approved” on 13 April, there are serious concerns about the irresponsible way ENEOS Holdings has exited Myanmar.
Campaign group Human Rights Watch (HRW) has criticised the way TotalEnergies has withdrawn from Myanmar and said that companies exiting from Myanmar should place their shares or property rights into trust or escrow to prevent the junta benefiting from them.
Myanmar s junta will obtain an increased stake in the country s largest oil and gas field as TotalEnergies decided to definitely withdraw from the countr.
Myanmar s junta will obtain an increased stake in the country s largest oil and gas field as TotalEnergies decided to definitely withdraw from the countr.