BG Group today
announced the delivery of the first cargo of liquefied natural gas (LNG)
to the Dragon LNG import terminal in Milford Haven.
The cargo, on board
the Methane Lydon Volney from BG Group's global LNG fleet, will be used
to commission the LNG regasification terminal, in which BG Group holds a
50% interest. In addition, BG Group has an agreement to use up to 50% of
the terminal's send out capacity for the next 20 years.
Mark Carne, Executive
Vice President and Managing Director for Europe and Central Asia at BG
Group, said: "Dragon LNG will make a significant addition to the
UK's energy security. It enables the UK to diversify further its energy
supplies by providing increased capacity to import natural gas from a
range of global sources. BG Group is proud to be both a major shareholder
and a shipper in the terminal as well as the supplier of the first
commissioning cargo."
-ends-
BG Group
BG Group plc (LSE: BG.L) is a world leader in natural gas, with a
strategy focused on connecting competitively-priced resources to
specific, high-value markets. Active in 27 countries on five continents,
BG Group has a broad portfolio of exploration and production, Liquefied
Natural Gas (LNG), transmission and distribution and power generation
business interests. It combines a deep understanding of gas markets with
a proven track record in finding and commercialising reserves. For
further information visit: www.bg-group.com
Dragon LNG
Dragon LNG is the company that has built and will operate the 4.4 million
tonnes per annum (mtpa) Dragon LNG terminal in Milford Haven, Wales. The
equity partners in Dragon LNG are BG Group (50%), Petronas (30%) and 4Gas
(20%). BG Group (50%) and Petronas (50%) also have agreements governing
the capacity rights for a 20 year term at Dragon LNG, allowing them each
to throughput 2.2 mtpa.
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UK
contacts:
Edel McCaffrey: +44 (0) 118 929 3508
Jo Thethi: +44 (0) 118 929 3110
Out of Hours Media Mobile: +44 (0) 7917 185 707
Investor Relations: +44 (0) 118 929 3025
There are matters
discussed in this media information that are forward looking statements. Such
statements are only predictions and actual events or results may differ
materially. For a discussion of important factors which could cause
actual results to differ from the forward looking statements, refer to BG
Group's annual report and accounts for the year ended 31 December 2008. BG
Group does not undertake any obligation to update publicly, or revise,
forward looking statements, whether as a result of new information,
future events or otherwise, except to the extent legally required.
Copyright � 2009 BG
Group, All rights reserved.
BG Group plc, 100 Thames Valley Park, Reading, Berkshire, RG6 1PT
Registered in England & Wales No. 3690065
VAT: GB 232177091
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