Brunei Darussalam achieving petrochemicals potential - OBG

Brunei Darussalam achieving petrochemicals potential

With work set to start on a multi-billion dollar petrochemicals plant, Brunei Darussalam has moved a step closer to achieving its long-held objective of building up its downstream hydrocarbons sector.
On January 27, the Brunei Economic Development Board (BEDB) finalised an agreement with China’s Zhejiang Hengyi Group for the lease of a 260-ha block of land on the island of Pulau Muara Besar (PMB), which is being developed by the board as the Sultanate’s main hydrocarbons hub. The Chinese-backed corporation will be using the block to construct a multi-phase integrated oil refinery and aromatics cracker facility, ... Read more.

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