Brunei to supply LNG to Japan Petroleum Exploration Corp

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Brunei to supply LNG to Japan Petroleum Exploration Corp

TOKYO Brunei will supply liquefied natural gas LNG to Japan Petroleum Exploration Co Ltd JAPEX from April as the country tries to expand trading with Japan, its biggest LNG importer, to stabilise its revenue, the Nikkei business daily said on Thursday.

The paper said Farida Talib, Chief Executive Officer of Brunei LNG, the country's sole producer of LNG, told the Nikkei about a new contract with JAPEX.

A spokesman for JAPEX confirmed that the Japanese energy company has a contract with Brunei LNG, but they didn't want to discuss further details.

In 2021, Brunei was Japan's sixth biggest supplier of super-chilled fuel, accounting for 5.8 per cent. Japanese buyers include JERA, Osaka Gas Co Ltd and Tokyo Gas Co Ltd.

"We will continue to scrutinize whether there are mutually beneficial contract opportunities," Talib quoted as saying, underlining an interest to strike deals with Japanese companies other than JAPEX.