KUALA LUMPUR (April 2): Petroliam Nasional Bhd (Petronas) has declared force majeure on its Yetagun field located offshore Myanmar due to depleted gas production. Force majeure refers to unforseeable circumstances that prevent a party from fulfilling its obligations under a contract.
Petronas declares force majeure in Myanmar’s Yetagun field
2021-04-02T14:08:29-04:00April 2nd, 2021|
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