A rising tide of new investments are expected to underpin growth in Brunei Darussalam’s recovering energy industry, against a backdrop of increasing oil and gas output.
A rising tide of new investments are expected to underpin growth in Brunei Darussalam’s recovering energy industry, against a backdrop of increasing oil and gas output.
An upgrade to its fleet of tankers could help Brunei Darussalam’s liquefied natural gas (LNG) sector weather external headwinds, which appear unlikely to ease in the near to medium term.
Expectations are high for Brunei Darussalam’s downstream energy sector, as Pulau Muara Besar (PMB) island prepares to welcome the country’s first oil refinery and aromatics cracker complex, highlighting the Sultanate’s growing potential as a destination for value-added processing.
Plans to revive a stalled renewable energy deal between Brunei Darussalam and neighbouring Sarawak that would see hydropower exported from the Malaysian state to the Sultanate have thrown a focus on its efforts to increase renewable energy sources.
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