LNG

French major TotalEnergies confirmed its withdrawal strategy from the Yadana natural gas field in the Asian state Myanmar after Thailand’s state energy company PTTEP said it was taking over the operatorship of the gas field.

US major Chevron Corp. and French major TotalEnergies will both withdraw from Myanmar citing worsening human rights conditions, though the national energy company of Thailand will remain for reasons of energy security and to protect the regional power needs and jobs of ordinary people.