Chevron to exit Yadana natural gas project

U.S. energy major Chevron Corp said it is working on a planned orderly transition leading to an exit from the Yadana gas JV in Myanmar.

"In light of circumstances in Myanmar, we have reviewed our interest in the Yadana natural gas project to enable a planned and orderly transition that will lead to an exit from the country," a Chevron spokesperson said in an email. 

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