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Mitsubishi Corporation ... Mitsubishi's first large-scale investment outside Japan was a liquefied natural gas project in Brunei, committed to in 1968. [6]
[9] [7] Brunei's gas industry saw significant growth with the opening of the LNG plant in Lumut by Sultan Hassanal Bolkiah on 4 April 1973, [10] the first facility of its kind in the Western Pacific. [11] [12] Operated by BLNG, the plant is a joint venture involving Mitsubishi Corporation, the Royal Dutch Shell Group, and the Bruneian ...
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 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.
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 ...
In addition to the methanol facility, SPARK hosted the Brunei Fertilizer Industries (BFI), [28] developed by a consortium comprising Westside Limited, Mitsubishi Corporation, and Australia's Incitec Pivot. [23] The BFI plant is developed by ThyssenKrupp and expected to operate by 2021. [29]
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Over half of Brunei's gas reserves and 60% of the company's total production are found at the South West Ampa gas field, which is the oldest and most significant offshore field in the country. It is situated 13 kilometers offshore from Kuala Belait. Gas is routed 39 kilometers to the Brunei LNG facility at Lumut from its 56 wells.