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Tuesday, May 7, 2024

Thailand Seeks Control of Myanmar Gas Project After Total Exit

PTT Exploration and Production Pcl, a unit of PTT has offered to acquire the combined 59.5% stake held by TotalEnergies and Chevron, according to Zaw Min Tun, the lead spokesman for the State Administration Council. Several local firms are also keen to become part of the project and discussions have begun between the government, PTTEP and other prospective buyers, he said.

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