Brunei Assures Steady Supply Of LNG To Japan

Bandar Seri Begawan - Brunei assured Japan on Monday of its commitment to continue a stable supply of liquefied natural gas to Japan, as their ministers met in talks where they also agreed to promote regional cooperation and bilateral efforts in tackling climate change, Japanese officials were quoted by Kyodo News International.

Japanese Foreign Minister Masahiko Komura and visiting Brunei Energy Minister Pehin Orang Kaya Seri Utama Dato Seri Setia Awang Haji Yahya bin Begawan Mudim Dato Paduka Haji Bakar both welcomed the participation of Japanese firms in Brunei's ethanol industry and agreed to further bilateral economic cooperation, the foreign ministry officials said.

Brunei has been a key supplier of LNG to Japan for over 25 years and the current contract will expire in 2013. It currently provides about 10 per cent of Japan's total LNG imports, ranking fifth behind Indonesia, Malaysia, Australia and Qatar, a ministry official said.

Komura told Pehin Yahya that Brunei plays an important role in Japan's energy security and requested that the supplies be continued.

Japan and Brunei have signed a bilateral free trade agreement and are part of the free trade accord between Japan and the Asean. Both deals require parliamentary ratification before taking effect. -- Courtesy of Borneo Bulletin

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