YANGON (AFX) – The military junta said it will purchase gas from TotalFinaElf as a stop-gap measure to end Myanmar’s chronic electricity shortages, while the junta aims to bring new generators on stream. No financial details were given. TotalFinaElf has a production-sharing contract with the military. Yangon began experiencing acute power shortages when two of…
MYANMAR: Government to buy TotalFinaElf gas to help end power shortage
Posted on September 24, 2002 by EnergyAsia