Myanmar/Thailand: Chevron Says No Plan to Exit Thailand, May Keep Stake in Myanmar Gas Field

Aug 19, 2016 | Reuters
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Chevron is committed to its Thailand investments despite job cuts that have spurred rumours of the U.S. oil major's exit, and may keep a Myanmar gas field stake if no attractive offer is made for the asset, an executive said in a statement on Friday. The U.S. oil major - the country's largest oil and gas producer, supplying more than one-third of its natural gas demand - operates several exploration and production blocks in the Gulf of Thailand.