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US sanctions on Myanmar pose hurdles for gas exports to Thailand, China

November 7, 2023 Comments Off

The latest US sanctions on Myanmar’s national oil and gas company Myanma Oil and Gas Enterprise (MOGE) could cripple the ability of its Thai and Chinese customers to make payments through conventional banking systems and curtail upstream gas investments in the Southeast Asian country, according to legal experts and industry executives. The sanctions are the first time Washington has directly…