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Asia300

Southeast Asia in midst of LNG terminal construction boom

BANGKOK/TOKYO -- Southeast Asian nations could soon double import capacity for liquefied natural gas as domestic energy sources fall short, collectively becoming a key player in the global LNG market.

Energy providers in the region will boost annual LNG receiving capacity from 25 million tons to some 50 million tons over the next five years. The expanded figure equates to about 20% of the LNG carried on tankers worldwide in 2015.

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