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Rising demand set to turn SE Asia into net importer of fossil fuels

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South-east Asia's oil demand is expected to surpass 9 million barrels per day by 2040, up from about 6.5 million barrels today.

Singapore

SOUTH-east Asia is on the verge of becoming a net importer of fossil fuels for the first time as rising fuel demand, especially for oil, has far outpaced regional production, warned the International Energy Agency (IEA) on Wednesday.

It added that the region is one of the...

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