BG Group plc

BG Group plc

About BG Group plc

BG Group plc (LSE:_BG.) is a British multinational oil and gas company headquartered in Reading, 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 (LNG) business and is the largest supplier of LNG to the United States. As at 31 December 2009 it had total proven commercial reserves of 2.6 billion barrels (410,000,000 m) of oil equivalent. BG Group is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. As of December 2011, it was the 8th largest company on the FTSE, with a market capitalisation of _45.7_billion. 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. On 23 October 2000, a further demerger separated the company into Lattice Group and BG Group.

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