• Burmese
Sunday, June 22, 2025
No Result
View All Result
NEWSLETTER
The Irrawaddy
28 °c
Yangon
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Business
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Junta Watch
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Books
  • Donation
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Business
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Junta Watch
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Books
  • Donation
No Result
View All Result
The Irrawaddy
No Result
View All Result
Home News Burma

Japan’s ENEOS Withdraws From Myanmar Gas Project

AFP by AFP
May 2, 2022
in Burma, News
Reading Time: 2 mins read
0 0
A A
Japan's ENEOS Withdraws From Myanmar Gas Project

The Yetagun gas project off southern Myanmar

4.1k
VIEWS
Share on FacebookShare on Twitter

TOKYO—Japanese energy conglomerate ENEOS Holdings said Monday it will withdraw from a gas project in coup-hit Myanmar, days after its Thai and Malaysian partners announced they would pull out.

ENEOS is the latest energy giant to retreat from the Southeast Asian country, whose military has waged a widespread crackdown on dissent since it ousted and detained civilian leader Daw Aung San Suu Kyi last year.

The company is involved in the Yetagun project off southern Myanmar along with the Japanese government and Mitsubishi Corporation.

RelatedPosts

Timeline: Key Events in the Life of Myanmar’s Daw Aung San Suu Kyi

Updated Timeline: Key Events in the Life of Myanmar’s Daw Aung San Suu Kyi

June 17, 2025
6.3k
Myanmar Army Closes in on Key TNLA-Held Town of Nawnghkio

Myanmar Army Closes in on Key TNLA-Held Town of Nawnghkio

June 10, 2025
988
12,000 Kyats a Day: The Illusion of a Living Wage in Myanmar’s Factories

12,000 Kyats a Day: The Illusion of a Living Wage in Myanmar’s Factories

May 27, 2025
1.3k

Together they hold a 19.3-percent stake in the gas field, which has been operational for two decades.

ENEOS said it had “decided to withdraw after discussions taking into consideration the country’s current situation, including the social issues, and project economics based on the technical evaluation of Yetagun gas fields”.

“This withdrawal will be effective after approval from the Myanmar government,” it added in a statement.

An official at Japan’s natural resources and energy agency told AFP that the government “takes the same position” as ENEOS, noting the Yetagun project has experienced a reduction in output over the past decade.

Malaysia’s Petronas and Thailand’s oil and gas conglomerate PTTEP also announced their withdrawal on Friday. Petronas subsidiary Carigali holds a roughly 41-percent stake in the Yetagun project, while PTTEP owns 19.3 percent.

More than 1,800 civilians have died in Myanmar during the military crackdown and more than 13,000 have been arrested, according to a local monitoring group.

With the economy tanking and pressure mounting from rights groups, companies from France’s TotalEnergies to British American Tobacco and Norway’s Telenor have upped sticks.

Tokyo is a major provider of economic assistance to Myanmar, and the government has longstanding relations with the country’s military.

After the coup, Japan announced it would halt all new aid, though it stopped short of imposing individual sanctions on military and police commanders.

You may also like these stories:

About 20 IDPs Test Positive for COVID-19 in Camp in Myanmar’s Karen State

Myanmar Rohingya Genocide Case Is Legitimate, Gambia Tells UN’s Top Court

Cobra Gold Military Exercise Kicks Off in Thailand Without Myanmar

Your Thoughts …
Tags: ENEOS HoldingsGasJapanMyanmarprojectwithdrawYetagun
AFP

AFP

News Agency

Similar Picks:

Five-Star Casino Resort on Myanmar Tropical Island Runs Out of Luck
Burma

Five-Star Casino Resort on Myanmar Tropical Island Runs Out of Luck

by The Irrawaddy
February 6, 2024
19.2k

U Kyaw Lwin ran his casino resort on the visa-free island for more than 10 years before facing arrest in...

Read moreDetails
Myanmar Junta’s Central Bank Had $6.8 Bn in Reserves at 14 Int’l Banks in March
Myanmar’s Crisis & the World

Myanmar Junta’s Central Bank Had $6.8 Bn in Reserves at 14 Int’l Banks in March

by The Irrawaddy
August 21, 2023
19k

Singapore banks held 67% of the junta’s foreign reserves; in a bank document seen by The Irrawaddy, the junta praises...

Read moreDetails
UK Hits Myanmar Border Guard Force Colonel, Two Others, With Sanctions
Burma

UK Hits Myanmar Border Guard Force Colonel, Two Others, With Sanctions

by The Irrawaddy
December 9, 2023
10.8k

Saw Chit Thu and two others linked to a massive gambling project in Karen State were sanctioned over allegations of...

Read moreDetails
China and the Wars in Myanmar
Guest Column

China and the Wars in Myanmar

by Bertil Lintner
January 21, 2025
10.7k

Recent truces declared by ethnic armies show that China is still the only outside power that can intervene in Myanmar,...

Read moreDetails
Japan’s ‘Special Relationship’ With Myanmar Has Abetted Decades of Military Rule
From the Archive

Japan’s ‘Special Relationship’ With Myanmar Has Abetted Decades of Military Rule

by Bertil Lintner
May 17, 2024
17.2k

In light of EAO and NUG leaders’ recent talks in Tokyo, The Irrawaddy revisits a column from 2022 exploring Japan’s...

Read moreDetails
Book Review
Books

Book Review

by The Irrawaddy
August 17, 2024
7.7k

The Irrawaddy “Books” section offers you insightful reviews of volumes on a vast array of issues ranging from culture and...

Read moreDetails
Load More
Next Post
Int’l Humanitarian Aid for Myanmar Shouldn't be Delivered via Regime

Int’l Humanitarian Aid for Myanmar Shouldn't be Delivered via Regime, Say NUG and Allies

Myanmar Regime Court Skips Legal Procedures in Suu Kyi’s Corruption Verdict

Myanmar Regime Court Skips Legal Procedures in Suu Kyi’s Corruption Verdict

No Result
View All Result

Recommended

Trade and Traffic from Thai Border Region Dwindle as Checkpoints Multiply

Trade and Traffic from Thai Border Region Dwindle as Checkpoints Multiply

3 days ago
933
The Lady Myanmar’s Generals Can’t Defeat

The Lady Myanmar’s Generals Can’t Defeat

3 days ago
675

Most Read

  • Myanmar Junta Moves to Seize Sagaing Roads

    Myanmar Junta Moves to Seize Sagaing Roads

    shares
    Share 0 Tweet 0
  • Certifying a Chinese Security Invasion; Boosting Ties With Nuclear North Korea; and More

    shares
    Share 0 Tweet 0
  • Myanmar Junta Changes Election Law Ahead of Polls

    shares
    Share 0 Tweet 0
  • Residents of Myanmar Ruby Hub Speak Out as TNLA Mining Takes Toll

    shares
    Share 0 Tweet 0
  • Trade and Traffic from Thai Border Region Dwindle as Checkpoints Multiply

    shares
    Share 0 Tweet 0

Newsletter

Get The Irrawaddy’s latest news, analyses and opinion pieces on Myanmar in your inbox.

Subscribe here for daily updates.

Contents

  • News
  • Politics
  • War Against the Junta
  • Myanmar’s Crisis & the World
  • Conflicts In Numbers
  • Junta Crony
  • Ethnic Issues
  • Asia
  • World
  • Business
  • Economy
  • Election 2020
  • Elections in History
  • Cartoons
  • Features
  • Opinion
  • Editorial
  • Commentary
  • Guest Column
  • Analysis
  • Letters
  • In Person
  • Interview
  • Profile
  • Dateline
  • Specials
  • Myanmar Diary
  • Women & Gender
  • Places in History
  • On This Day
  • From the Archive
  • Myanmar & COVID-19
  • Intelligence
  • Myanmar-China Watch
  • Lifestyle
  • Travel
  • Food
  • Fashion & Design
  • Videos
  • Photos
  • Photo Essay
  • Donation

About The Irrawaddy

Founded in 1993 by a group of Myanmar journalists living in exile in Thailand, The Irrawaddy is a leading source of reliable news, information, and analysis on Burma/Myanmar and the Southeast Asian region. From its inception, The Irrawaddy has been an independent news media group, unaffiliated with any political party, organization or government. We believe that media must be free and independent and we strive to preserve press freedom.

  • Copyright
  • Code of Ethics
  • Privacy Policy
  • Team
  • About Us
  • Careers
  • Contact
  • Burmese

© 2023 Irrawaddy Publishing Group. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Business
    • Economy
    • Business Roundup
  • Books
  • Donation

© 2023 Irrawaddy Publishing Group. All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.