BRUNEI

(in Southeast Asia)

CAPITAL: BANDAR SERI BEGAWAN

POPULATION: 0.4 mm

AREA (on): 5,800 km2

OIL PEAK: 2012 (forecast)

SUPPLY

Production of oil, primarily from the Baram delta sediments underlying the offshore waters of Brunei, is well below a peak that occurred in the late 1970s. However the potential for new deeper water output, combined with better technologies, points to future growth. After erratic output over the last few years offshore production is forecast to rise to a further peak around 2020.

Gas production, mostly associated with oil, began increasing in 2003 from a plateau established in 1972 when Brunei began exporting LNG to Japan. It has settled on a higher plateau but, as Bruneiís LNG plant is expanded, offshore gas output is expected to rise once more after 2012 to a maximum also around 2020.

 

DEMAND

Brunei has a very small population and exports most of its oil and gas.

There will only be small increases in oil consumption but gas demand will rise as the country looks to new ways to develop its economy.

 

 
 

 

 

This is a simple forecast - detailed forecasts including offshore and onshore, deep water splits, sedimentary basins and major fields and drilling etc. can be purchased for most countries.

 

An onshore and offshore oil and gas production, consumption and drilling activity forecast report on this country can be commissioned,

including all relevant charts. Contact us for price and contents list.

 

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