Four priority initiatives were identified to secure uninterrupted supplies of fuel.
Meanwhile, Brunei needs to attract $70 billion to $80 billion in cumulative investments from 2011 to 2035 to achieve its Gross Domestic Product (GDP) target.
The government will evaluate four main ideas based on successful best practices in investment attraction.
This was outlined as one of the key performance indicators in the Energy White Paper’s third strategic goal, which aims to boost local content.
YB Pehin Dato Hj Mohd Yasmin said the government will review the Energy White Paper possibly every two to three years to ensure that it is always up to date with national and global perspectives.