Big oil's slow retreat from Myanmar contrasts with fast Russia exit

Money, sanctions and potential come into play

20220323 MAH Putin

Senior General Min Aung Hlaing and his army ousted Myanmar's elected government in a military takeover on Feb. 1 last year, and Russian President Vladimir Putin invaded Ukraine on Feb. 24 this year. (Nikkei montage/Reuters/Getty Images/PTTEP)

TORU TAKAHASHI, Editor-in-Chief, Editorial Headquarters for Asia

BANGKOK -- Oil companies have taken nearly a year to retreat from Myanmar after the military seized power in 2021, unlike their rapid withdrawal from Russia following its invasion of Ukraine.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.