South East Asia has been a major source of LNG supply for Asian markets since Brunei LNG, the first liquefaction plant in the region, came on stream in 1972. Indonesia and Malaysia followed in 1977 and 1983 respectively and by the mid-1980s South East Asia was meeting 90% of Asian LNG demand and accounting for nearly two-thirds of world LNG production. However, output at each of the operating plants is constrained by a lack of reserves to support expansion. At the same time demand for natural gas in the region is increasing rapidly to meet economic growth, which has begun to recover strongly from the recession.
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