The Hengyi refinery of Brunei has received its first crude shipment last week. This will led to production of petrochemical for which the project has been launched. The first phase of the project, which has an investment of $3.45 billion, is set to have crude processing capacity of 8 million mt/year, producing 1.5 million mt/year of paraxylene and 500, 000 mt/year of benzene, as well as gasoline, kerosene, diesel and other products.Once production starts, the plant will sell petrochemicals such as paraxylene to Hengyi's domestic downstream enterprises, while benzene would likely be sold in the Southeast Asian and North Asian region. Gasoline, diesel and jet fuel production will fully meet Brunei's domestic demand.