TotalEnergies Definitively Withdraws from Myanmar

TotalEnergies filed a six-month withdrawal notice on Jan. 21, 2022, from its Myanmar operations due to the growing political unrest in the country.

Hart Energy Staff
TotalEnergies, MGTC, PTTEP

The Tatmadaw, Myanmar's military, staged a coup beginning in February 2021 that has led to the arrests of thousands of people, pushing oil and gas companies operating within the country to withdraw. (Source: Aung Gaw / Shutterstock.com)

Effective July 20, TotalEnergies has withdrawn from Myanmar's gas transportation company MGTC as a shareholder and an operator, as well as from the Yadana field offshore Myanmar, according to a company release.

The company announced on Jan. 21 the decision to withdraw from the country due to turmoil caused by Myanmar's elected government being overthrown by the army in February 2021. Since the coup, security forces have killed over 1,400 people and arrested thousands more, leading several other oil firms, including Chevron, to withdraw from the country completely.

"As TotalEnergies definitively withdraws from Myanmar, our company repeats its condemnation of the abuses and human rights violations taking place in this country and reaffirms its support to the people of Myanmar and its hope for a swift return to peace and rule of law," the company stated in the release.

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