@article{oai:shiga-u.repo.nii.ac.jp:00008312, author = {Odano, Sumimaru and Islam, Saiful}, issue = {第398号}, journal = {彦根論叢}, month = {Dec}, note = {Departmental Bulletin Paper, LNG and oil production and exports have become important aspects of the small state of Brunei. Over the past four decades, natural gas production in the country increased dramatically and has exceeded oil production since 1987. LNG production of Brunei was the first of its kind in Asia and the plant has successfully operated and delivered its LNG commitment for the past 40 years. A major buyer of LNG from Brunei is Japan. This article looks at the effects of natural gas production on the economy of Brunei. Using data for the period 1986 to 2012, this paper finds that the effects of LNG production have been significant, especially in terms of export earnings, government revenues and the contribution of LNG to the national income. For example, LNG production alone provided 48 percent of export earnings for Brunei in the year 2012. Large incomes and foreign exchange generated by LNG and oil exports have provided funds to finance the economic development of Brunei. LNG production contributed 11 percent of the Gross Domestic Product (GDP) of Brunei in 2012. LNG and oil companies paid 93 percent of government revenues in 2012. Based on the data for the 2000s, this article also finds that the heavy dependence on LNG and oil exports has created symptoms of the socalled Dutch disease in the economy of Brunei., 彦根論叢, 第398号, pp. 84-97, The Hikone Ronso, No.398, pp. 84-97}, pages = {84--97}, title = {Economic Development in a Small Open Economy with a Rich Resource Endowment : The Case of Brunei}, year = {2013} }