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Chevron exits Myanmar, redistributes stake in gas project to remaining shareholders

Chevron exits Myanmar, redistributes stake in gas project to remaining shareholders
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Impact of oil firms' exit from Myanmar limited

The exit of the energy giants TotalEnergies and Chevron from Myanmar’s billion-dollar gas industry has been hailed by rights groups, but analysts say it will not significantly weaken the generals and may even enrich the military in the short term.

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