Thailand Set to Takeover Myanmar’s Biggest Gas Field

The State Oil and gas explorer of Thailand is planning to take over the biggest gas field of Myanmar as Total Energies and Chevron Corporation exited the Southeast Asian state last year.

Thailand’s PTT Exploration and Production Pcl will be acquiring the Yadana field. PTTEP already had a 25.5 percent stake in the company. The company will be supplying vital gas to Thailand and Myanmar and might play a role in protecting the rev....