Exclusive: South Korea steel giant POSCO weighs how to exit Myanmar military-backed venture msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
SEOUL, April 5 Giant South Korea steelmaker POSCO has begun reviewing how it might end a joint venture with a firm controlled by the military in Myanmar in the wake of the coup there in February, two people with first-hand knowledge of the matter told Reuters. As Myanmar’s army rulers.
Exclusive: South Korea steel giant POSCO weighs how to exit Myanmar military-backed venture - sources reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Benjamin Mallet, Reuters
Tue, 03/16/2021 - 09:07 AM
Citizens protest against the military coup in Yangon, Myanmar, on March 111. (Source: Maung Nyan/Shutterstock.com) Your browser does not support the audio element.
PARIS Total faced calls from rights groups on March 16 to suspend payments on operations in Myanmar following a coup, after the oil group said it was worried about the situation while also highlighting the importance of its business there.
The French company, which has been in Myanmar since 1992, operates at the Yadana and Sein offshore fields, which supply Myanmar’s domestic market via a pipeline built by national company Myanmar Oil and Gas Enterprise (MOGE).
PARIS, March 16 (Reuters): Total faced calls from rights groups on Tuesday to suspend payments on operations in Myanmar following a coup, after the oil group said it was worried about the situation while also highlighting the importance of its business there.
The French company, which has been in Myanmar since 1992, operates at the Yadana and Sein offshore fields, which supply Myanmar s domestic market via a pipeline built by national company Myanmar Oil and Gas Enterprise (MOGE). Total is worried about the situation and hopes for a peaceful solution, Total said in a statement on Twitter on Monday, responding to a news article about its involvement in Myanmar.