BG Group plc
() is a global oil
company headquartered in Reading, Berkshire
, United Kingdom. It has operations in 25 countries across Africa, Asia, Australasia, Europe, North America and South America and produces around 680,000 barrels of oil equivalent
per day. It has a major Liquefied Natural Gas
business and is the largest supplier of LNG to the United States.
It is listed on the London Stock Exchange
and is a constituent of the FTSE 100 Index
The company was created in 1997 when British Gas plc
divested Centrica and became BG plc
, which was reorganised in 1999 as BG Group plc.
Lattice Group de-merger
On 23 October 2000, a further demerger separated the company into Lattice Group
and BG Group. Lattice took ownership of Transco
(the gas transporter for the UK), Advantica (gas engineering and consultancy specialist) along with the property and transport companies and BG Group took ownership of... Read More