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Mizzima Thai PTT’s subsidiary PTTEP International (PTTEPI) reportedly plans to relaunch the Zawtika offshore gas project in Mottama (Martaban) bay in Myanmar. Thailand’s PTTEP is pushing ahead with the project despite facing criticism, reports Upstream Online in a recent report. According to junta-run media, the Military Council reported that PTTEP conducted a Aung Thinkha development plan, exploration and test drilling work in M-3 Block in offshore Mottama in February 2022. ....
The US is weighing sanctions on Myanmar’s state-owned oil and gas company to choke funding to the nation’s military regime, according to people with direct knowledge of the matter, a move that risks hitting American allies involved in the sector. ....