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Brunei
Country Analysis Briefs
Profile
Country Overview
Chief of State Sultan Hassanal Bolkiah (since October 5, 1967)
Location Southeastern Asia, bordering the South China Sea and Malaysia
Population (July 2006E) 379,444
Economic Overview
Minister of Finance Sultan Hassanal Bolkiah
Currency/Exchange Rate (March 21, 2007) 1 USD = 1.523 Brunei Dollars (BND)
Inflation Rate (2006E) 0.5%
Gross Domestic Product (GDP, 2006E) $8 billion
Real GDP Growth Rate (2006E) 3.5%
Unemployment Rate (2006E) 4%
External Debt (2006E) $0
Exports (2006E) $7.2 billion
Exports – Commodities crude oil, natural gas, refined products, clothing
Exports - Partners (2005) Japan 36.8%, Indonesia 19.3%, South Korea 12.7%, US 9.5%, Australia 9.3%
Imports (2006E) $3.2 billion
Imports – Commodities machinery and transport equipment, manufactured goods, food, chemicals
Imports - Partners (2005) Singapore 32.7%, Malaysia 23.3%, Japan 6.9%, UK 5.3%, Thailand 4.5%, South Korea 4%
Current Account Balance (2006E) $3.9 billion
Energy Overview
Minister of Energy Yahya bin Begawan
Proven Oil Reserves (January 1, 2007E) 1.1 billion barrels
Oil Production (2006E) 220,000 barrels per day, of which 90% was crude oil.
Oil Consumption (2006E) 13,000 barrels per day
Crude Oil Distillation Capacity (January 1, 2007E) 8,600 barrels per day
Proven Natural Gas Reserves (January 1, 2007E) 13.8 trillion cubic feet
Natural Gas Production (2004E) 406 billion cubic feet
Natural Gas Consumption (2004E) 71 billion cubic feet
Recoverable Coal Reserves (2003E) None
Coal Production (2004E) None
Coal Consumption (2004E) None
Electricity Installed Capacity (2004E) 0.9 gigawatts
Electricity Production (2004E) 2.8 billion kilowatt hours
Electricity Consumption (2004E) 2.6 billion kilowatt hours
Total Energy Consumption (2004E) 0.1 quadrillion Btus*, of which Natural Gas (74%), Oil (26%), Coal (0%), Nuclear (0%), Hydroelectricity (0%), Other Renewables (0%)
Total Per Capita Energy Consumption ((Million Btu) 2004E) 274.1 million Btus
Energy Intensity (2004E) 16,310.8 Btu per $2000-PPP**
Environmental Overview
Energy-Related Carbon Dioxide Emissions (2004E) 5.7 million metric tons, of which Natural Gas (69%), Oil (31%), Coal (0%)
Per-Capita, Energy-Related Carbon Dioxide Emissions ((Metric Tons of Carbon Dioxide) 2004E) 15.6 metric tons
Carbon Dioxide Intensity (2004E) 0.9 Metric tons per thousand $2000-PPP**
Environmental Issues Seasonal smoke/haze resulting from forest fires in Indonesia
Major Environmental Agreements Biodiversity, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution
Oil and Gas Industry
Organization Brunei Shell Petroleum (BSP) dominates oil and natural gas production
Selected Foreign Company Involvement Shell, Total, Mitsubishi
Major Refineries (capacity, bbl/d) BSP Seria (8,600)
* The total energy consumption statistic includes petroleum, dry natural gas, coal, net hydro, nuclear, geothermal, solar, wind, wood and waste electric power. The renewable energy consumption statistic is based on International Energy Agency (IEA) data and includes hydropower, solar, wind, tide, geothermal, solid biomass and animal products, biomass gas and liquids, industrial and municipal wastes. Sectoral shares of energy consumption and carbon emissions are also based on IEA data.
**GDP figures from OECD estimates based on purchasing power parity (PPP) exchange rates.

Country Analysis Briefs

April 2007
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