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Natural Resources
Energy
Oil
Brunei's crude oil reserve is estimated at 1.35 billion barrels.
In 2002 crude oil production has reached 163,000 barrels per
day (bbl/d), mainly low-sulfur crude oil, and around 27,000
bbl/d of natural gas liquids.
Brunei's seven offshore oil fields comprises Champion (contains
about 40% of total oil reserves and produces around 50,000
bbl/d), Southwest Ampa (the oldest field, with more than half
of Brunei's natural gas reserves and production), Fairley,
Fairley-Baram, Magpie (producing since 1977, now at 10,000
bbl/d), Gannet, and Iron Duke, plus two more fields onshore.
Major customers for Brunei's oil include Japan, South Korea,
the United States, Australia, New Zealand, China, and India.
Brunei Shell Petroleum has also began exporting oil to China
in November 2000.
Natural
Gas
Brunei's production of natural
gas reached around 366 billion cubic feet (Bcf) in 2001. Around
90% is mainly produced by BSP and 10% by Total FinaElf/Fletcher.
Major customers for Brunei's LNG exports include Japan (taking
around 90% of Brunei's LNG exports), and South Korea. The
Brunei LNG (BLNG), joint venture between Mitsubishi (25%),
Shell (25%), and the Brunei government (50%) produces Brunei's
LNG, with LNG being liquefied at BLNG's Lamut plant.
BLNG has a master plan to expand its capacity with an additional
4 -million-metric-ton-per-year train by 2008. Besides exports,
Brunei plans to use its natural gas to develop domestic petrochemicals
and energy-intensive industries (like aluminum smelting).
Electricity
In 2001, the country's installed
electric generating capacity was 0.76 gigawatts (GW), all
natural gas-fired. Brunei's power demand is growing at a rapid
rate of around 7%-10% annually. Brunei plans for a new 500-MW,
natural-gas-fired power plant as part of its economic diversification
strategy.
Energy Production and Consumption
Proven Oil Reserves (1/1/03E):
1.35 billion barrels
Oil Production (2002E): 189,000 bbl/d (163,000 bbl/d crude
oil)
Oil Consumption (2002E): 13,000 bbl/d
Net Oil Exports (2002E): 176,000 bbl/d
Crude Oil Refining Capacity (1/1/03E): 8,600 bbl/d
Natural Gas Reserves (1/1/03E): 13.8 trillion cubic feet (Tcf)
Natural Gas Production (2001E): 366 billion cubic feet (Bcf)
Natural Gas Consumption (2001E): 48 billion cubic feet (Bcf)
Electric Generation Capacity (1/1/01E): 0.76 gigawatts
Net Electricity Generation (2001E): 2.5 billion kilowatt hours
(all natural gas-fired)
Total Energy Consumption (2001E): 0.08 quadrillion Btu* (<0.1%
of world total energy consumption)
Per Capita Energy Consumption (2001E): 231.9 million Btu (vs.
U.S. value of 341.8 million Btu)
Fuel Share of Energy Consumption (2001E): Natural Gas (67.7%),
Oil (32.0%)
*The total energy consumption statistic includes petroleum,
dry natural gas, coal, net hydro, nuclear, geothermal, solar,
wind, wood and waste electric power.
Agriculture Production Data
Assistance programs on trade
and investments:
Fisheries
Manufacturing
(to directly link to manufacturing sector, click potential
investment opportunities then BIDA icon)
Agriculture
(to directly link to agriculture sector, click potential investment
opportunities then third icon from right)
Forestry
Industrial
(to link directly to agriculture sector, click potential investment
opportunities then Semaun holdings icon in pink)
Information on Local Products
Profile
of made in Brunei products (to link directly,
click on right icon, profile of made in Brunei products)
Availability of skilled and
technical manpower:
Brunei has a small size of
indigenous workforce. Consequently, with the locals preference
for public sector employment, both skilled and unskilled labor
is recruited from abroad. There are no difficulties in securing
approval for foreign workers.
Labor force: 144,000 (1995
est.); note-includes foreign workers and military personnel
Labor force-by occupation: government 48%, production of oil,
natural gas, services, and construction 42%, agriculture,
forestry, and fishing 4%, other 6% (1986 est.)
Unemployment rate: 4.8% (1994 est.)
Links:
Oil - http://www.eia.doe.gov/emeu/cabs/brunei.html#oil
Natural Gas - http://www.eia.doe.gov/emeu/cabs/brunei.html#gas
Electricity - http://www.eia.doe.gov/emeu/cabs/brunei.html#elec
Fisheries - http://www.fisheries.gov.bn/potentials/index.htm
Forestry - http://www.forestry.gov.bn/
Manufacturing - http://www.bsmenet.org.bn/bsmeweb/mipr%20site/index.htm
Agriculture http://www.bsmenet.org.bn/bsmeweb/mipr%20site/index.htm
Forestry - http://www.forestry.gov.bn/
Industrial - http://www.bsmenet.org.bn/bsmeweb/mipr%20site/index.htm
Made-in Brunei products - http://www.bsmenet.org.bn/bsmeweb/mipr%20site/index.htm
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