Brunei LNG

Last updated

Brunei LNG
Company type LLC
Industry Energy
Founded1969;55 years ago (1969)
Founder
Headquarters 4°40′07″N114°27′52″E / 4.6686438°N 114.4645827°E / 4.6686438; 114.4645827 ,
Lumut
,
Brunei
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]

Contents

History

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]

Shareholders

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]

Brunei Gas Carriers

Arkat at sea off Lumut in 2023 Lumut Beach 15 January 2023 01.jpg
Arkat at sea off Lumut in 2023

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]

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References

  1. ↑ "Brunei LNG 50th Anniversary Celebration | Brunei's No.1 News Website". brudirect.com. Retrieved 23 May 2022.
  2. ↑ "Home | Brunei LNG Sendirian Berhad". www.bruneilng.com. Retrieved 23 May 2022.
  3. ↑ The Report: Brunei Darussalam 2009. Oxford Business Group. 2009. p. 71. ISBN   978-1-907065-09-5.
  4. ↑ USA, IBP (20 March 2009). Brunei Ecology and Nature Protection Handbook. Lulu.com. p. 25. ISBN   978-1-4387-0633-7.
  5. ↑ Minerals Yearbook. Bureau of Mines. 1994. p. 135.
  6. 1 2 3 4 5 "Brunei LNG – Mechademy" . Retrieved 23 May 2022.
  7. 1 2 "History and Background | Brunei LNG Sendirian Berhad". www.bruneilng.com. Retrieved 23 May 2022.
  8. ↑ The Report: Brunei Darussalam 2010. Oxford Business Group. 2010. p. 76. ISBN   978-1-907065-29-3.
  9. ↑ "Company History – Brunei Gas Carriers Sdn Bhd" . Retrieved 23 May 2022.
  10. 1 2 3 Eur (2002). The Far East and Australasia 2003. Psychology Press. p. 212. ISBN   978-1-85743-133-9.
  11. ↑ The Report: Brunei Darussalam 2008. Oxford Business Group. 2007. p. 55. ISBN   978-1-902339-07-8.
  12. ↑ The Report: Brunei Darussalam 2007. Oxford Business Group. p. 33. ISBN   978-1-902339-75-7.
  13. ↑ "History and Background | Brunei LNG Sendirian Berhad". Brunei LNG. Retrieved 17 September 2021.
  14. ↑ [ permanent dead link ] Facts and Figures.
  15. ↑ "2021 WORLD LNG REPORT" (PDF).
  16. 1 2 "Our Milestones – Brunei Gas Carriers Sdn Bhd" . Retrieved 23 May 2022.
  17. ↑ "Our Company – Brunei Gas Carriers Sdn Bhd" . Retrieved 23 May 2022.
  18. ↑ "World Fleet of LNG Carriers > 75.000 m3". www.aukevisser.nl.
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