Brunei Darussalam set to increase oil and gas production

Brunei Darussalam set to increase oil and gas production Although declining oil production has had an effect on Brunei Darussalam’s recent economic performance, officials insist the reasons for the drop are short term in nature, while the country’s long-term prospects in the sector remain promising. Expansive government plans at home and a cooperation agreement with Timor-Leste abroad should give the sector a welcome fillip as well. Because Brunei Darussalam is a major energy producer, the hydrocarbons segment has a pronounced impact on ... Read more. Did you know you can get OBG’s Economic Updates on Facebook? Like us on Facebook now to get our news fed directly to your page – click here: www.facebook.com/OxfordBusinessGroup

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