Brunei is the world’s 22nd-largest producer of natural gas and the country’s output decreased by 10% in 2022, over 2021. The country accounts for 0.22% of global production, with the world’s other largest producers being the US, Russia and Iran. GlobalData uses proprietary data and analytics to provide a complete picture of the natural gas sector in Brunei in its report, Oil and Gas Upstream Production and Capex Outlook by Projects (Crude and Condensate and Natural Gas), Fields (Active, Planned and Announced), Region, Key Countries, Companies and Forecast, 2023-2027. Buy the report here.
Over the five years to 2022, production from Brunei decreased by a CAGR of 5% and is expected to rise by a CAGR of 6% between 2023 and 2027.
The largest producers of natural gas in Brunei are Shell, TotalEnergies and Brunei National Petroleum Co. Shell was the largest producer of natural gas in 2022 with output down by 16% on 2021.
TotalEnergies was the second-largest producer, with output down by 20%, and Brunei National Petroleum Co was third with a decrease of 20% on the previous year.
There are four natural gas producing fields in Brunei, all located offshore. The South China Sea has the majority of the natural gas fields in the country with four.
For more detailed analysis of natural gas sector in Brunei, buy the report here.