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BG to buy LNG from Nigeria's Brass LNG

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01/31/2006

Eric Watkins
Senior Correspondent

LOS ANGELES, Jan. 31 -- BG Group PLC subsidiary BG Gas Marketing Ltd. (BGGM) signed a memorandum of understanding to buy 2 million tonnes/year of LNG from Nigeria's Brass LNG for 20 years.

BG expects deliveries to start during 2010 to Lake Charles, La., and Elba Island, Ga. The liquefaction plant is to be built near Nigeria's Brass oil export terminal (OGJ, Jan. 23, 2006, p. 56).

BGGM retained the right to divert cargoes to other destinations, including facilities under development in Milford Haven, UK, and Brindisi, Italy.

Contact Eric Watkins at hippalus@yahoo.com.

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