For the second priority which is supporting an inclusive and resilient national recovery, the Prime Minister's Office is working diligently to manage the production of oil and gas resources, so that it is sustainable in order to help develop the national economy. The Minister at the Prime Minister's Office and Second Minister of Defence explained that the energy sector continues to play an important role in improving the country's economy with the energy sector contributing approximately 60 percent to the country's Gross Domestic Product, GDP and contributing approximately 22,000 jobs.

Yang Berhormat further explained that in the upstream oil and gas sector, the Department of Energy in the Prime Minister's Office has drafted a strategic plan with the main goal of maintaining oil and gas production at the current level, which is equivalent to approximately 300,000 barrels per day in the medium term and will increase to a level of approximately 350,000 barrels per day in the long term. The increase not only requires the development of resources in the deep ocean, but also requires an increase in exploration activities. In the downstream oil and gas sector, the Department of Energy in the Prime Minister's Office will collaborate with the Ministry of Finance and Economy and the Brunei Economic Development Board, BEDB in supporting the growth of the downstream sector by maximizing and strengthening the value chain of the downstream sector by developing downstream derivatives projects that use petrochemical products as feedstock.

Source: Radio Television Brunei