BG Group signs LNG supply deal with Hong Kong

Uchenna Izundu
International Editor

LONDON, June 23 -- Castle Peak Power Co. (CAPCO), Hong Kong, signed a heads of agreement on June 20 with BG LNG Trading, a subsidiary of BG Group PLC, to import 1 million tonnes/year of LNG from BG, for up to 20 years, starting in 2013.

The LNG, supplied from the company's global portfolio, will be delivered to the new receiving terminal on South Soko Island.

BG Group's supply sources are Equatorial Guinea LNG, Nigeria LNG, Egyptian LNG, and Atlantic LNG in Trinidad and Tobago.

In addition, BG Group recently formed an alliance with Queensland Gas Co. Ltd. to cooperate in the development of a proposed 3-4 million-tons/year liquefaction plant in eastern Australia.

Contact Uchenna Izundu at

Related Articles

INGAA Foundation forecasts oil, gas infrastructure outlays to 2035

03/18/2014 An estimated $640.9 billion, or an average $29.1 billion/year, will need to be spent on US and Canadian midstream crude oil, natural gas, and natur...

Cameron LNG awards export-plant contracts

03/17/2014 Cameron LNG LLC has awarded CB&I and Chiyoda International Corp. a $6 billion engineering, procurement, and construction contract to build a 13...

IOC to buy stake in proposed PNW LNG terminal

03/17/2014 Indian Oil Corp. Ltd. (IOC) has signed an agreement with Progress Energy Canada Ltd., Calgary; Pacific Northwest LNG Ltd. (PNW LNG), Vancouver, BC;...

FERC issues draft EIS on Freeport LNG’s Phase II projects

03/14/2014 The US Federal Energy Regulatory Commission has issued a draft environmental impact statement (EIS) on Freeport LNG’s Phase II modification and liq...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected