Company type | LLC |
---|---|
Industry | Energy |
Founded | 1969 |
Founder | |
Headquarters | 4°40′07″N114°27′52″E / 4.6686438°N 114.4645827°E , , |
Key people | Al-Muhtadee Billah (Chairman) [1] Farida Talib (CEO) |
Products | Liquefied natural gas |
Owner | Government of Brunei (50%) Mitsubishi Corporation (25%) Shell Overseas Trading Limited (25%) |
Parent | Mitsubishi Corporation (25%) |
Website | bruneilng.co.bn |
The Brunei LNG (BLNG) is the LNG plant in Lumut, Brunei. [2] It is the largest oil and gas producer in the country. [3] Moreover as of 2006, Brunei has been the 4th largest oil producer in Southeast Asia and the 9th largest LNG producer in the world. [4] [5]
The company was officially established in December 1969, with the Government of Brunei, Shell Overseas Holdings and Mitsubishi Corporation signing a Joint Venture (JV) agreement in January 1970. [6] At the same year, the Coldgas Trading Limited and the Tokyo Electric Power Company Inc., Tokyo Gas Co. Ltd. and Osaka Gas Co. Ltd. signed a Sales and Purchase Agreement (SPA) with BLNG. [6] The company was set up after the discovery of the offshore Ampa gas field off the Belait District in 1963. [6]
The first LNG plant in the Western Pacific was completed, [7] [8] and the first ship to complete a voyage to Japan were in 1972. [9] In 1993, the LNG underwent a B$500 million renovation for the plant's life extension and again in the same year, the Japanese companies extended the SPA agreement for an additional 20 years. [10] In 1994, a South Korean company also signed a SPA agreement which would be taken into effect after 1997. [7] An estimated of $B1,632 million of LNG was sold to Japan in 1999. [10]
Plans to develop the Egret gas field was officially known in November 2001 and expected to start production in August 2003. [10] The renovation of the LNG plant took place again from 2004 until 2010. [11] In 2007, Japan has imported B$2 billion of both LNG and crude oil from Brunei. [12]
The operating company—Brunei LNG Sdn Bhd—is owned by the Government of Brunei (50%), [6] Shell Overseas Trading Limited and Mitsubishi Corporation (both 25%). [13] [6] Brunei LNG operates five LNG trains and produces 6.71 million tonnes every year of liquified natural gas. It has approximately 500 personnel. [14]
The facility uses Air Products' AP-C3MR process and has three LNG storage tanks capable of holding 195,000 cubic metres (6,900,000 cu ft). [15]
The first four carriers were delivered between October 1972 and October 1975, with a maximum storage capacity of 77,731 cubic metres (2,745,000 cu ft). These older ships were built in France (Bebatik/Bekalang/Bekulan/Belais/Belanak/Bilis/Bubuk). Brunei LNG operates seven LNG carriers through the joint venture company, Brunei Shell Tankers (BST). [16] BST was established in 1986. [16]
In 1998, the Brunei Gas Carriers (BSC) was established, [17] and in 2014, the three newer vessels were built in Korea (Amani/Amali/Arkat) and Japan (Abadi) by Daewoo and Mitsubishi Nagasaki respectively. The first of these three ships was delivered in June 2002, with the most recent ship, Amadi, being delivered in July 2011. These ships hold between 135,000 and 148,000 cubic metres (4,800,000 and 5,200,000 cu ft) of LNG collectively. [18]
The economy of Brunei, a small and wealthy country, is a mixture of foreign and domestic entrepreneurship, government regulation and welfare measures, and village traditions. It is almost entirely supported by exports of crude oil and natural gas, with revenues from the petroleum sector accounting for over half of GDP. Per capita GDP is high, and substantial income from overseas investment supplements income from domestic production. The government provides for all medical services and subsidizes food and housing. The government has shown progress in its basic policy of diversifying the economy away from oil and gas. Brunei's leaders are concerned that steadily increased integration in the world economy will undermine internal social cohesion although it has taken steps to become a more prominent player by serving as chairman for the 2000 APEC forum. Growth in 1999 was estimated at 2.5% due to higher oil prices in the second half.
Kawasaki Heavy Industries Ltd. (KHI) is a Japanese public multinational corporation manufacturer of motorcycles, engines, heavy equipment, aerospace and defense equipment, rolling stock and ships, headquartered in Chūō, Kobe and Minato, Tokyo, Japan. It is also active in the production of industrial robots, gas turbines, pumps, boilers and other industrial products. The company is named after its founder, Shōzō Kawasaki. KHI is known as one of the three major heavy industrial manufacturers of Japan, alongside Mitsubishi Heavy Industries and IHI. Prior to the Second World War, KHI was part of the Kobe Kawasaki zaibatsu, which included Kawasaki Steel and Kawasaki Kisen. After the conflict, KHI became part of the DKB Group (keiretsu).
Malaysia Marine and Heavy Engineering Holdings Berhad is a Malaysian owned shipbuilding and heavy engineering industries company. It was formerly known as Malaysia Shipyard and Engineering Sdn Bhd. MHB has been long involved in oil and gas engineering and construction works.
Prasarana Malaysia Berhad (Prasarana) (English: Malaysian Infrastructure Limited) is a 100% government-owned company which was set up by Ministry of Finance (Malaysia) as a corporate body established under the Minister of Finance (Incorporation) Act 1957 to own the assets of multi-modal public transport operator in Malaysia, under the government's move to restructure the city's public transport system. It is one of the largest public-transport companies in Malaysia other than Konsortium Transnasional Berhad. As a government-owned company since 1998, it operates stage bus and light metro services via several wholly owned subsidiaries.
MISC Group was incorporated in 1968 as Malaysia International Shipping Corporation Berhad and is the leading international shipping line of Malaysia. In September 2005, Malaysia International Shipping Corporation Berhad adopted its present corporate identity and changed its name to MISC Berhad. Its main shareholder is Petroliam Nasional Berhad (Petronas), the national oil conglomerate of Malaysia. With over 50 years of experience, MISC's principal businesses include energy shipping, offshore floating solutions, marine repair and conversion, integrated marine services, port management and maritime services, and maritime education and training. Fleet consists of more than 100 owned and in-chartered vessels with a combined deadweight tonnage capacity of over 13 million tonnes. MISC Group is a proud constituent of the DJSI Emerging Markets Index and FTSE4Good Bursa Malaysia Index, a testament to our strong sustainability performance and ESG practices.
Powertek Sendirian Berhad is a subsidiary of CGN EDRA, which generates and sell power as an independent power producer to Tenaga Nasional for uploading onto the National Grid, Malaysia. It generates electricity mainly from gas turbine plants and co-owns and cooperates three power plants in Malacca, Malaysia with its subsidiaries, with a total installed generating capacity of 1,490 MW, comprising:
Malaysia LNG (MLNG) is a liquefied natural gas manufacturer in Malaysia. It operates in the 9 liquefaction modules PETRONAS LNG Complex, Bintulu, Sarawak. In 2007, it was the largest LNG manufacturing complex. Currently, top 5 largest LNG plant in the world as of 2022.
SS Bekalang was the second ship of the seven B-class oil tankers. She was previously known as Gadila. She is named after the belakang, a species of fish found in Brunei and Malaysia.
SS Bebatik was the lead ship of the seven B-class LNG tankers. She was also known previously as Gadinia. She is named after the bebatik, a species of fish found in Brunei and Malaysia.
SS Belanak was the fifth ship of the seven B-class oil tankers. She was previously known as Gouldia. She is named after belanak, a species of fish found in Brunei and Malaysia.
SS Bekulan was the third ship of the seven B-class oil tankers. She was previously known as Gari. She is named after the bekulan, a species of fish found in Brunei and Malaysia.
SS Belais was the fourth ship of the seven B-class oil tankers. She was previously known as Gastrana. She is named after the belais, a species of fish found in Brunei and Malaysia.
SS Bubuk was the sixth ship of the seven B-class oil tankers. She was previously known as Genota. She was named after the bubuk, a species of fish found in Brunei and Malaysia.
SS Bilis was the seventh ship of the seven B-class oil tankers. She was previously known as Geomitra. She is named after the bilis, a species of fish found in Brunei and Malaysia.
The Muara Port, also known as Muara Harbour, is a seaport operated by the Muara Port Company (MPC) Sdn Bhd, under the supervision of the Maritime and Port Authority of Brunei Darussalam. The port also contributed to the Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area (BIMP-EAGA).
The Fire and Rescue Department (FRD), Malay: Jabatan Bomba dan Penyelamat (JBP), Jawi: جابتن بومبا دان ڤڽلامت, also known as Brunei Fire and Rescue Department (BFRD), is a government agency of Brunei Darussalam, responsible for firefighting, animal rescue, and technical rescue. Bomba is a Malay word derived from the Portuguese bombeiros, which means 'firefighters'. The department's main headquarters are located at Bandar Seri Begawan, in the Brunei-Muara District of the Sultanate of Brunei.
Brunei Energy Services & Trading Sdn Bhd (BEST) is a company based in Bandar Seri Begawan, Brunei. Established in 2012 as PB Trading Sdn Bhd, it was previously a subsidiary of Brunei National Petroleum Company Sendirian Berhad, also known as PetroleumBRUNEI. Following a restruture of PetroleumBRUNEI and its subsidiaries, the regulatory authority is now known as Petroleum Authority whilst the trading and services arm of PetroleumBRUNEI was renamed as BEST and is now under the purview of the Ministry of Finance and Economy. BEST also provides the manpower and resources to its sister companies, Brunei Energy Exploration Sdn Bhd and Brunei Energy Production Sdn Bhd (BEP).
The Brunei Methanol Company (BMC) is a methanol plant in Sungai Liang, Brunei. According to the Brunei Darussalam Newsletter, the BMC plant was the largest investment done outside of the oil and gas and LNG industry. The plant was noted to have the capability to produce up to 850,000 tonnes of methanol per year. The project was part of the Wawasan Brunei 2035 goals on diversing Brunei's economy and reduce the dependence on oil and gas industry.
Egret oil field, also known as Egret Field, is a complex oil and gas field in the South China Sea and 45 km north-west of Seria, Belait District, Brunei. It is located at the depth of 60 m, and operated by Brunei Shell Petroleum (BSP).
The Serasa Ferry Terminal, also known as Serasa Muara Terminal and Serasa Terminal, is a passenger terminal operated by the Department of Immigration and National Registration in Mukim Serasa, Brunei-Muara District, Brunei. It is one of the two ferry terminals in Brunei, which is located in Kuala Belait Port and Serasa.