It provides for the measures that oil & gas, midstream and downstream operators, their contractors, sub-contractors and suppliers operating within the oil and gas industry in Brunei Darussalam shall adopt in order to facilitate the sustainable development of capacities, capabilities, competencies and competitiveness within and outside Brunei Darussalam.---Note: LDB (Local Business Development).

It provides for Directives to be adopted by Oil & Gas Operators and their Principal Contractors and Suppliers in their contracting activities for goods and services, in order to pro-actively prevent monopolies/ market domination which have as their object or effect the appreciable prevention, restriction or distortion of competition within Brunei.

This Announcement relates to the enhancement of domestic industrial growth and upgrade to a more knowledge based industry that uses higher technology. In particular, it defines investment promotion measures for target industries: Activities related to energy conservation and alternative energy; Activities related to eco-friendly materials and products; High-technology businesses.

An Announcement to promote the activity related to the use of natural gas in the transportation industry.

Defines two new activities related to the production of alternative energy in order to comply with the Cabinet’s resolution to reduce the imports of oil. These include: Manufacture of alcohol or fuel from agricultural products including scrap, garbage and/or waste; Manufacture of fuel cells.

This Announcement repeals the Board of Investment Announcement No.10/2547 dated December 20, 2004. The machinery must be imported into Thailand within 2 years from the date approved and must be applied for import of machinery within December 30, 2009.

All promoted projects regardless of activity shall be exempted from import duty on machinery used for energy saving.

This Announcement affirms that it is deemed appropriate to grant additional rights and benefits to businesses that produce alcohol or fuel from agricultural products, and production of electricity or steam power.

The Promotion of Gas Separation Plants shall be included in the list of activities eligible for investment promotion attached to the Board of Investment Announcement No. 2/2543, dated August 1, 2543.

This Notification defines the Conditions governing exportation of of Liquefied Petroleum Gas by oil traders.