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Latest Press Release (2007)
 
Minister Of Energy & Delegation Leave For Japan And Korea
06/05/2007
 
Yang Berhormat Pehin Orang Kaya Seri Utama Dato Seri Setia Awang Haji Yahya bin Begawan Mudim Dato Paduka Haji Bakar, Minister of Energy at the Prime Minister’s Office and Chairman of Brunei LNG Sdn Bhd led a delegation for BLNG Chairman and other Board Members’ annual visit to Japan and Korea.

Accompanying Yang Berhormat Pehin for the week-long visit are Pengiran Dato Paduka Haji Abu Bakar bin Pengiran Seri Indera Pengiran Hj Ismail, Permanent Secretary at the Prime Minister’s Office, [Hj Mohd Said bin Pehin Orang kaya Pekerma Setia Dato Paduka Haji Hashim], [Permanent Secretary (Technical & Professional)] at the Ministry of Development, [Hj Zolkiflee bin Haji Abd Karim], Acting Director of Petroleum Unit, Mr Fred Smeenk, Managing Director of Brunei LNG, Mr Grahaeme Henderson, Managing Director of BSP, Mr Akinori Miyasaka, General Manager of Mitsubishi Corporation Brunei Liaison Office and senior official from the Office of the Minister of Energy at the Prime Minister’s Office and Brunei LNG.

Yang Berhormat will first visit Korea, where he and the delegation will meet Mr. Kim Young Ju, Minister of Commerce, Industry & Energy (MOCIE), followed by the President and CEO of Korea Gas Corporation, one of the customer of Brunei LNG.

While in Japan, the delegation will visit the Ministry of Foreign Affairs (MOFA) and Ministry of Economy, Trade and Industry (METI) where he will meet Minister Taro Aso of MOFA and Senior Vice Minister of METI. Yang Berhormat Pehin will meet with the counterparts from Tokyo Electric, Tokyo Gas and Osaka Gas, the three main customers of Brunei LNG.

The Chairman’s visit is an annual event aimed at enhancing cooperation and discussing matters of mutual interest with both Government officials and Buyers of Brunei LNG in both Japan and Korea.

Japan remains Brunei Darussalam’s main trading partner with a long-term LNG sales and purchase agreement of more than 6.01 million tonnes annually that started some 35 years ago when the first LNG cargo from Brunei was delivered to Osaka Gas.

Korea has been importing LNG from Brunei since 1994, first under a short-term agreement before a long-term contract for 0.70 million tones was secured in 1997.

Brunei LNG is currently embarking on a series of plant rejuvenation programme with nearly 25 major activities to be carried out under the Asset Reference Plan aimed at extending the life of the LNG plant beyond 2013, the end of the current contractual duration, for at least another 20 years. Brunei LNG is also progressing on studies relating to extension beyond 2013, focusing on commercial activities in the near future.

In support of the extension projects, the two existing gas suppliers, Brunei Shell Petroleum Sdn. Bhd.(BSP) and Block B Joint Venture(BBJV) operators have embarked on existing facilities rejuvenation as well as active development and exploration campaign extending over the next few years.
 
 
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