TOKYO: Japanese energy company Eneos Holdings aims to withdraw from Myanmar’s Yetagun gas project in response to “social issues”, a spokesperson said on Friday, amid criticism that the project is funding the southeast Asian nation’s military junta.
The move comes after Malaysia’s state-run Petronas and Japan’s Mitsubishi Corp said last month they were divesting from the project, in the latest exits by major energy companies since last year’s military coup.
“We are examining and discussing with our business partners about all possible measures toward closing the business based on the situation to…
