Brunei LNG
Founded
1969
Headquarters
Lumut, Brunei
Ticker
n/a
Sector
Energy
Stock performance
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History
Brunei LNG was established in 1969, and in 1972 its plant at Lumut began exporting liquefied natural gas to Japan, making it one of the first large LNG export plants in the world. It is owned by the Brunei government, Shell, and Mitsubishi.
Business model
Brunei LNG liquefies natural gas from BSP and other producers and ships it, mainly to Japan and other Asian buyers, under long-term contracts.
Market position
Brunei LNG was a pioneer of the global LNG industry and remains a significant supplier to Asian markets.
Country impact
LNG exports are one of Brunei's two main sources of export earnings, alongside crude oil, and have underpinned its high per-capita income for decades.