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Brunei Investment Agency: Financials Investment services Bandar Seri Begawan: 1983 Sovereign wealth fund S A Brunei LNG: Oil & gas Exploration & production Lumut: 1969 Joint venture between the government of Brunei, Mitsubishi Corporation and Brunei Shell Petroleum P A Brunei Methanol Company: Petrochemical Exploration & production Sungai Liang ...
Brunei Methanol Company (BMC) is a national petrochemical facility situated at the Sungai Liang Industrial Park (SPARK) in Sungai Liang, Brunei [2] jointly owned by Japan's Mitsubishi Gas Chemical Company (50%), ITOCHU Corporation (25%) and Mirkhas (25%), a company incorporated under the purview of the Strategic Development Capital Fund, a trust sub-fund of the Government of Brunei.
In May 1972, C. J. Yulo & Sons acquired 65% interest in Chrysler Philippines Corporation, with the balance 35% being acquired by Mitsubishi Motors Corporation (MMC) and Nissho Iwai Corporation (now Sojitz Corporation). In 1974, the company introduced Mitsubishi cars in the Philippines.
Mitsubishi Corporation (三菱商事株式会社, Mitsubishi Shōji Kabushiki-gaisha) is Japan's largest trading company (sogo shosha) and a member of the Mitsubishi keiretsu. As of 2022, Mitsubishi Corporation employs over 80,000 people and has ten business segments, including energy , industrial finance, banking , machinery , chemicals , and ...
In 1969, the government, Shell, and Mitsubishi Corporation formed Brunei LNG as a joint venture. Over time, the government increased its stake to 50%. The construction and operation of the Lumut LNG facility, which was finished in 1973, was the company's primary objective in order to export LNG to Japan.
The Mitsubishi Group (三菱グループ, Mitsubishi Gurūpu) is a group of autonomous Japanese multinational companies in a variety of industries. Founded by Yatarō Iwasaki in 1870, the Mitsubishi Group traces its origins to the Mitsubishi zaibatsu , a unified company that existed from 1870 to 1946.
Brunei LNG (BLNG), located in Lumut, Belait District, [2] is the largest oil and gas producer in Brunei [3] and has been a key player in the country's energy sector since its establishment in 1969. As the fourth largest oil producer in Southeast Asia and the ninth largest liquefied natural gas (LNG) producer globally, [ 4 ] [ 5 ] BLNG has ...
Amedeo Development Corporation [a] (ADC), a private limited company owned by Prince Jefri Bolkiah, [7] was Brunei's largest private company [8] and played a significant role in Brunei's economy. [9] However, the country faced considerable economic challenges during the 1997 Asian financial crisis , compounded by fluctuations in oil prices.