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Investor Presentaiton

Fiscal regime must be clear from the start (1) ■ Myanmar's current petroleum fiscal regime is unattractive (cf. Wint Thiri Swe and Nnaemeka Vincent Emodi, Assessment of Upstream Petroleum Fiscal Regimes in Myanmar, 2018) We understand that the MoEE is in the process of revising the PSC templates to include a more attractive fiscal regime LINCOLN LEGAL SERVICES (MYANMAR) LIMITED

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