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Southeast Asia scrambles for LNG with gas fields tapping out

Philippines and Vietnam build terminals in preparation for first imports

First Gen's floating LNG terminal is expected to save time and money on construction. (Photo courtesy of First Gen)

MANILA/TOKYO -- Southeast Asian countries are set to expand imports of liquefied natural gas as the depletion of domestic gas reserves looms, setting the stage for a realignment in the global LNG market.

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