What is a state-owned enterprise in Brunei?

State-Owned Enterprises Brunei’s state-owned enterprises (SOEs), managed by Darussalam Assets under the Ministry of Finance and Economy, lead key sectors of the economy including oil and gas, telecommunications, transport, and energy generation and distribution.

Who owns Brunei energy services & trading (best)?

Brunei Energy Services and Trading (BEST) is the national oil company owned by the Brunei government. The company was granted all mineral rights in eight prime onshore and offshore petroleum blocks totaling 20,552 sq. km. PB manages contracts with Shell and Petronas, which are exploring Brunei’s onshore and deep-water offshore blocks.

Are EVs gaining momentum in Brunei?

The adoption of EVs in Brunei has gained significant momentum in recent years. A key player in this movement is QAF Prestige, a prominent leader in the Battery Electric Vehicle (BEV) market. Over the past three years, the company’s success in BEV ventures has positioned it as a trailblazer in advancing eco-friendly mobility solutions in the nation.

How EV charging infrastructure is evolving in Brunei?

Expanding EV Charging Infrastructure The rise of EVs calls for a robust and accessible charging network. In 2022, Brunei Shell Marketing Company Sdn Bhd (BSM) introduced the country’s first retail rapid charging station, a landmark achievement in Brunei’s shift toward electrified transportation.

Can Brunei outpace other countries in EV adoption?

Opportunities for EV Expansion As a nation with substantial oil and gas resources, Brunei is uniquely positioned to lead by example in the global push for EV adoption. A senior official from BYD, a leading Chinese new energy vehicle manufacturer, has highlighted Brunei’s potential to outpace neighboring countries in the widespread adoption of EVs.

Why is EV adoption important in Brunei Darussalam?

Brunei Darussalam’s automotive sector is undergoing a remarkable evolution, fueled by the growing adoption of electric vehicles (EVs) and the development of essential infrastructure. This transition reflects the nation’s dedication to promoting sustainable transportation and environmental stewardship. Source Accelerating Electric Vehicle Adoption