140 / 246
136
Borneo Bulletin Yearbook 2020
Established in 1969, Brunei LNG Sendirian Berhad
pioneered large-scale liquefaction of natural gas in
theWestern Pacific and helped to establish liquified
natural gas (LNG) as a global energy resource.
Brunei LNG is one of the leading suppliers of
LNG with 50 years of experience in the industry,
supplying LNG to customers in the Asian region. The
company has delivered more than 7,300 cargoes to
date and has not missed a single cargo delivery
since commencing its operations. Brunei LNG’s
asset reference plan is set to rejuvenate its assets
with a goal to maintain the production capacity of
7.2 million tonnes per annum, meet anticipated
health, safety and environment (HSE) standards and
create synergy with the plant’s expansion.
Celebrating 50 years, Brunei LNG remains steadfast
in its commitment to support Brunei Vision 2035.
The company has set up long-term strategies
and goals to increase the number of locals in key
positions, enhancing competencies and local
business participation. Brunei LNG is proud to be 92
per cent Bruneian in line with the Bruneianisation
Directive.
In the near future, Brunei LNG endeavours
to establish new long-term contracts for the
company’s growth. The company also aims to
identify the various core competencies to enhance
its global positioning as a preferred LNG supplier.
Growing Brunei since 1969
In the 1960s, Brunei Darussalam 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.
This led to the establishment of Brunei LNG
Limited in 1969 to liquefy natural gas. The LNG
is then purchased by Coldgas Trading Limited (50
per cent Shell and 50 per cent Mitsubishi) and
delivered to customers in Japan.
The LNG Plant in Lumut was completed in 1972,
and in the same year, Brunei LNG had its first
cargo delivered by SS Gadinia to Osaka Gas in
Japan.
In 1973, His Majesty Sultan Haji Hassanal Bolkiah
Mu’izzaddin Waddaulah ibni Al-Marhum Sultan
Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien,
Sultan and Yang Di-Pertuan of Brunei Darussalam
officially opened the Brunei LNG Plant.
His Majesty said he hoped the plant would
bring prosperity to the country, having always
believed that such enterprises would contribute
significantly towards Brunei’s development,
particularly in the aspect of economy and the
standard of living. He also highlighted the
importance of locals being a part of the LNG
industry.
BRUNEI LNG