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143

OIL & GAS

Brunei LNG is one of the world’s leading

suppliers of liquefied natural gas (LNG) with

almost 50 years of experience in the industry,

primarily supplying LNG to customers in the

Asian region. In 2018, Brunei LNG contributed

almost BND1.5 billion to the nation’s economy.

To date, Brunei LNG has delivered more than

7,000 cargoes to its customers. The company is

proud to have delivered each cargo in a timely

manner since its first delivery in 1972.

Brunei LNG’s vision is to be the world’s leading

and competitive LNG provider. Its mission is

to be a recognised leader in safety, business

integrity, production and commercial excellence;

to create value for Brunei Darussalam and

shareholders by producing LNG safely and

delivering it to customers on time; to provide

employment opportunities and be a source of

national pride for our staff and partners; and

to be a good neighbour for the communities

established around the plant, and a caretaker of

the environment.

History and Background

In the 1960s, Brunei embarked on an ambitious

joint venture with Shell Overseas Holdings

Limited and Mitsubishi Corporation to begin

large-scale liquefaction and transportation

of natural gas following the discovery of gas

reserves in the country’s waters.

The company was established in 1969 primarily

for the purpose of liquefying natural gas and

was previously known as Brunei LNG Limited.

Coldgas Trading Limited (50 per cent Shell and

50 per cent Mitsubishi) bought the LNG and

delivered to customers in Japan.

Construction of the LNG Plant in Lumut in the

Belait district was completed in 1972, thrusting

Brunei Darussalam’s name in the world as the

first country in the Western pacific to pioneer

in liquefaction of natural gas, and helping to

establish LNG as a global energy resource. Their

first customer was Osaka Gas Japan and the first

crude cargo was delivered in 1972 by SS Gadinia

to Senboku terminal number one. Gadinia is the

oldest LNG vessel in the world and was later

Brunei LNG