United States Chevron Sale of all

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United States Chevron Sale of all shares in the "Yadana" gas field in the Andaman Sea off the coast of Myanmar to prepare for the official withdrawal


Foreign news agenciesxo สล็อตreported from Washington. United States on February 11 that Chevron, one of the world's largest multinational energy operators from the United States issued a statement regarding the sale of its 41.1% stake in the Yadana natural gas field located off the coast of the Andaman Sea. about 60 kilometers from the nearest coast of Myanmar to the Canadian company MTI. This is the last step. of the formal withdrawal process from Myanmar



Chevron's move comes after Total Energy, one of the world's largest energy producers from France, released a new move. Announced in July last year, it ceased operations and formally withdrew from the market in Myanmar. by selling shares in the Yadana gas field as well Energy from the Yadana gas field generates about 50% of Yangon's electricity and 8% for Thailand, its longest border neighbor.

However, after the withdrawal of Total Chevron takes all of the shares instead. This increased the share from 28% to 41.1%. In addition, Chevron and Total are among the multinational energy conglomerates. show support forcing the world community to jointly issue sanctions against Myanmar's energy industry Oil and natural gas, in particular, are among the “few remaining major sources of income” for the Myanmar military. The coup d'etat on February 1, 2021.