Southeast Asia scrambles for LNG with gas fields tapping out

Philippines and Vietnam build terminals in preparation for first imports

20210601N LNG Carrier

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

YUICHI SHIGA, RYO MUKANO and KAZUYA HIRUTA, Nikkei staff writers

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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