Brunei's Liquefied Natural Gas (LNG) exports have experienced fluctuating volumes but trended downward over the past decade, culminating in a notable decrease by 2023, when the volume stood at 6.11 Billion Cubic Meters. Year-on-year, the LNG export volume saw a decrease of 14.85% in 2022 and a further drop of 4.86% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years shows an average decline of -6.49% per year.

Forecasts predict a continued decline with a forecasted 5-year CAGR of -3.66% and an overall 17.02% reduction in LNG export volume by 2028. The anticipated volume in 2028 stands at 4.73 Billion Cubic Meters.

Future trends to watch for include:

Global demand shifts for cleaner energy, which could impact LNG exports.
Technological advancements in LNG production and shipment that could mitigate some declines.
Economic policies and geopolitical factors influencing natural gas markets.