Southeast Asia · BRN · OPEC+
Brunei
A mature LNG sultanate. Lumut still loads cargoes Japan signed in the 1970s.
Oil production
0.1 mb/d
0.0 mb/d demand
Net oil
+0.1 mb/d
Export surplus
Gas production
10 bcm
Net +7 bcm
O&G rent
18.0%
Fiscal breakeven $40
Oil balance
Production versus demand, 2025, million barrels per day.
Production0.1 mb/d
Consumption0.0 mb/d
Gas balance
Production versus demand, 2025, billion cubic metres.
Production10 bcm
Consumption3.5 bcm
Proven oil
1 bn bbl
Gas reserves
0.3 tcm
Refining
0.1 mb/d
LNG
6 bcm export
Hydrocarbon mix
Oil versus gas in this country’s oil-and-gas demand (oil-equivalent).
- Oil11%
- Gas89%
Economy
Oil and gas are the budget. Downstream methanol is the diversification that actually happened.
- GDP
- $0.0 tn
- Population
- 0.5 m
- Oil intensity
- 0.4 bbl /$1k
- Oil & gas rent
- 18.0% GDP
- Hydrocarbon trade
- -14.0% GDP
- Fiscal breakeven
- $40 /bbl
- $30 oil shock
- +51.9 pp GDP
- Club
- OPEC+
Projected oil demand
Regional IEA WEO 2025 oil pathways applied to this country’s 2025 baseline. STEPS 2035 demand 0.0 mb/d (net +0.1) versus NZE 0.0 mb/d (net +0.0).
| Scenario | 2025 | 2030 | 2035 | 2050 |
|---|---|---|---|---|
| Stated Policies | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Zero 2050 | 0.0 | 0.0 | 0.0 | 0.0 |
| Current Policies | 0.0 | 0.0 | 0.0 | 0.0 |