Brunei Oil & Gas Q4 2019
Brunei's maturing oil fields and limited exploration activities will see crude production stagnate until deepwaterdiscoveries are monetised. Gas production will edge higher, maintaining Brunei's LNG export capacity intact. The USD6bn PalauMuara Besar refining and petrochemicals complex, scheduled to open in 2020 after two years of delay, will boost the downstreamsector, turning Brunei into a net exporter of refined products.
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