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Article: Obstacles remain to Brunei LNG growth.
- Article from:
- World Gas Intelligence
- Article date:
- January 28, 2004
CopyrightCOPYRIGHT 2004 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The tiny sultanate of Brunei is not short on ambition. It has announced plans to double its reserves of natural gas, build a new 4 million ton per year sixth liquefaction train by 2010, renegotiate contracts with long-term LNG buyers in Japan and South Korea and, hopefully, hop aboard the dynamic Chinese LNG bandwagon.
But two small dark clouds hang over Brunei: first, a highly vexing territorial dispute with neighboring Malaysia, which shocked Brunei last year when it claimed sovereignty over Brunei's so-called Exclusive Economic Zone, a 10,000 square kilometer offshore area which Brunei hoped might turn around the steady decline in its gas and oil reserves. And ...
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