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.
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Petronas, the existing operator of the Yetagun gas project has handed the project over to Gulf Petroleum Myanmar (GPM), according to campaign group Justice for Myanmar.
NGOs have cautiously welcomed the withdrawal of Japanese oil and gas giant ENEOS from Myanmar but are calling for the responsible disengagement and decommissioning of the Yetagun gas project, according to a press release from Justice for Myanmar.