Vice President Hamid Ansari on Monday said India is exploring the possibility of setting up a fertiliser plant in Brunei using the gas from the country, the fourth largest producer of lNG in the world.
“We buy about a million dollar worth of oil from Brunei. They don't have much gas for us (exporting directly) because their gas is contracted out on a long-term basis. So we are exploring with them the possibility of using their gas locally for setting up a fertiliser unit,” Ansari told reporters on his way to Brunei . Brunei is the fourth largest producer of lNG in the world and among the largest gas exporters with 9 per cent share of the export market.
Ansari, who is on a five-day visit to Brunei and Thailand, said some discussions on the proposal have taken place. “Maybe we will discuss a little more. That should be a good proposition,” he said.