BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom. 70 billion, subject to regulatory and shareholder bg as it is pdf. The sale was completed on 15 February 2016. Prior to its acquisition by Shell, BG Group had operations in 25 countries across Africa, Asia, Australasia, Europe, North America and South America and produced around 680,000 barrels of oil equivalent per day.
LNG to the United States. As at 31 December 2009 it had total proven commercial reserves of 2.
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. BG Group took ownership of gas fields and other assets. In 2002, Lattice merged with National Grid Company to become National Grid Transco which was renamed National Grid in 2005.
In September 2007, BG Group delisted its ADRs from the New York Stock Exchange. Instead its shares began trading on the US over-the-counter market.