BANDAR SERI BEGAWAN (Xinhua): The oil and gas industry will continue to dominate Brunei's economy, with substantial contributions anticipated from the downstream oil sector, Brunei's top think tank has announced.
In its Economic Outlook for 2025, Brunei's Centre for Strategic and Policy Studies said the downstream oil sector is expected to accelerate, boosting its contribution to growth and exports, particularly as the second phase of the Hengyi plant, which is a joint petrochemical venture between Brunei and China, is set to start construction this year.
