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Gas demand growth plunges

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  • Writer: Reuters
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Thailand is cutting natural gas imports as consumption growth has sagged to two-decade lows. 

The cutbacks threaten to idle costly fuel import facilities and force suppliers such as Myanmar to turn to rival buyers such as China.

Growth in gas use has stalled as the economy has taken a hit from months of political turmoil, putting in doubt long-term plans to increase imports of liquefied natural gas (LNG) and buy more piped gas from Myanmar as domestic output wanes.

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