Petronas declares force majeure in Myanmar
Apr 5, 2021 3:00:am
Summary The production rate at its Yetagun gas field slipped below the threshold of the offshore gas processing plant, it said.
by: Shardul Sharma
Posted in:
Petronas declares force majeure in Myanmar
Petronas on April 1 declared force majeure on its Yetagun field due to depletion of gas production at the field, located in the Andaman Sea, offshore Myanmar, in Blocks M12, M13 and M14, it said on April 2.
“The decision was made following challenges in the wells deliverability that resulted in the production rate dropping below the technical threshold of the offshore gas processing plant,” it said. PC Myanmar (Hong Kong), a subsidiary of Petronas, has ceased production at the Yetagun field until further notice.