Portfolio for growth

BG Group
Data Book 2007
 COUNTRIES A-Z STATISTICAL SUPPLEMENT

Alaska 32 Libya 29 Introduction and Legal Notices 40

Algeria 29 Madagascar 29 Social and Environment Data 41
Argentina 14 Malaysia 21 Group Financial Data 42
Bolivia 15 Nigeria 30 Exploration and Production (E&P) 45
Brazil 17 Norway 10 Liquefied Natural Gas (LNG) 50
Canada 32 Oman 24 Transmission and Distribution
Chile 16 Philippines 22 (T&D) 51
China 21 Singapore 21 Power 51
Egypt 25 Thailand 23 Corporate Information 52
Europe Downstream 4 Trinidad and Tobago 33 Definitions 54
India 19 Tunisia 31
Israel and areas UK Upstream 6
of Palestinian Authority 28 United States of America 36
Italy 11 Uruguay 16
Kazakhstan 12

OPERATIONAL AND FINANCIAL GUIDANCE TABLE

Timescale
2007 2005-2009 2006-2009 2009 2005-2012

E&P Production growth 5-7% 6-10%

LNG Contracted supply 21-24% 16-20%

Liquefaction capital invested £0.9 bn

Liquefaction return on capital invested ca.13%

Shipping and marketing volumes 12.3 mtpa 13.5 mtpa

Shipping and marketing EBITDA margin 16% 18%

T&D Comgas volume growth 7-8%

Share buy-back £750 m

Dividend Policy Dividend growth in line with underlying earnings growth

Guidance as at February 2007.

For an analysis of the factors that may affect BG Group’s actual results, please refer to the Risk Factors in the BG Group Annual Report and Accounts 2006.

COVER IMAGE – EXPLORATION AND PRODUCTION RESERVES AND RESOURCES BASE

CAGR 10% 2004-2006 2006 RESERVES/PRODUCTION* Long-term reserves

(mmboe) The cover image represents BG Group’s reserves and re-
source base, which grew by almost 1 billion barrels of oil
8 017

9 000
equivalent during 2006, an increase of around 13%. This
7 071

8 000
6 595

resource base can deliver 37 years of production

7 000 at 2006 rates.
37 years
6 000
5 000
24 years
4 000
3 000 16 years Risked Exploration
2 000 Un-booked Resources
1 000 10 years Probable Reserves
SEC Proved Reserves
0
04 05 06 *Based on 2006 production of 219.2 mmboe
 1

Our vision

Natural gas is our business. We are a rapidly growing

company, with expertise across the gas chain.
Our vision is to be the leading natural gas company
in the global energy market – operating responsibly
and delivering outstanding value to our shareholders.

A decade of outstanding growth

TOTAL OPERATING PROFIT(a)(b) E&P PRODUCTION VOLUMES LNG LIQUEFACTION VOLUMES

CAGR 39% 1997-2006 CAGR 15% 1997-2006 CAGR 50% 1999-2006

(£m) (’000 boed ) (mtpa)

6.7
3 103

3 500 700 7
601(d)

600 6
2 389(c)

3 000
504
457

500 5
428

2 500

4.1
373
1 520(c)

2 000 400 4

3.2
298
280

2.8
1 279

240

3
238

1 500 300
888

165
833

2
688

1 000 200
1.1
0.8
0.7
330
229

1
0.4

500 100
160

0 0 0
97 98 99 00 01 02 03 04 05 06 97 98 99 00 01 02 03 04 05 06 97 98 99 00 01 02 03 04 05 06

E&P
T&D, LNG, Power and Other

BG GROUP – OIL AND GAS PRODUCTION 2006

Total oil and

gas production
%

Egypt 28
UK 25
Kazakhstan 17
Trinidad and Tobago 10
Tunisia 6
India 5
Thailand 4
Bolivia 2
Canada 2
Total 100

BG Group Data Book 2007

2 Group overview

Exploration and Production Liquefied Natural Gas

BG Group explores for, develops, produces and markets gas
and oil around the world. Around 76% of 2006 production
was gas. The Group uses its technical, commercial and gas
chain skills to deliver projects at industry-leading cost levels,
whilst maximising the sales value of its hydrocarbons.
BG Group is a producer and marketer of Liquefied Natural Gas
(LNG). It has a highly flexible portfolio of LNG and was able
to access demand in 12 countries in 2006 and substantially
increase profitability by targeting the highest value markets.

MAIN MARKETS AND ACTIVITIES MAIN MARKETS AND ACTIVITIES

BG Group’s high performing Exploration and Production (E&P)
business is the centre of gravity for the Group.
Production volumes increased by 19.3% in 2006.
BG Group’s E&P activities achieved top quartile performance in
finding and development costs and operating costs compared
to its industry peers in 2006.
Production: Bolivia; Canada (most producing assets were sold in
April 2007); Egypt; India; Kazakhstan; Mauritania (all assets sold
in January 2007); Thailand; Trinidad and Tobago; Tunisia; and UK.
BG Group has the skills and assets to deliver low cost LNG
into high value markets around the world.
• Liquefaction: Egypt; and Trinidad and Tobago
• Purchased LNG: Egypt; Equatorial Guinea; Nigeria;
and Trinidad and Tobago
• Regasification: Elba Island (USA); and Lake Charles (USA)

PERFORMANCE HIGHLIGHTS PERFORMANCE HIGHLIGHTS

Production (’000 boed) Production and managed volumes (mtpa)

Total operating profit(a)
601(d)

700 Business Performance(b) 12 Total operating profit(a)

9.9
Business Performance(b)

£2 457m
504

600

£352m
457
428

9
500
6.7
6.4

6.4
5.7

400
6
300
4.1

Total production up 19.3%

3.2
2.8

200

601 000 boed

3
100
(d)
Production (mtpa)
0 0
03 04 05 06 504 000 boed in 2005 Managed volumes (mtpa)
03 04 05 06

OUTLOOK OUTLOOK

PRODUCTION PROGRESS SECURING NEW LNG SUPPLY

BG Group net production (’000 boed) BG Group LNG supply (mtpa)

CAGR 6-10% 2005-12 CAGR 16-20% 2005-12
1 000 25
CAGR 5-7% 2006-09 CAGR 21-24% 2005-09
800 20

612
600 15

400 MEDIUM-TERM LONG-TERM 10

2007-09 2010-12
200 2

0 0
2005A 2006A 2009 2012 2004A 2005A 2006 2009 2012

Other opportunities
MEDIUM-TERM LONG-TERM *SUPPLY SUBJECT TO SPA
Key projects: Key opportunities: Supply subject to SPA* NLNG T7 (signed February 2007)
Buzzard Karachaganak Gaza Marine Spot (potential range) Brass LNG
Karachaganak Tupi Mukta expansion OKLNG – equity lifting
Trinidad E&P Abu Butabul Bongkot South Other term supply
Panna/Mukta/Tapti Nigeria/Boi J Block discoveries Long-term firm supply**
Hasdrubal Jasmine Hassi Ba Hamou
Jackdaw Margarita **For details refer to page 50
Bream Risked exploration

As at February 2007 As at February 2007

(a) Including share of pre-tax operating results (b) Business Performance – (c) Restated under IFRS (d) 2006 includes 12 000 boed
from joint ventures and associates. see page 40 for a description. and for IFRIC 4. of fuel gas.
 3

1 EUROPE AND CENTRAL ASIA

CENTRAL ASIA
EUROPE AND
1 Europe Downstream
UK Upstream
Norway
Italy
Kazakhstan

5
2 SOUTH AMERICA

AMERICA
SOUTH
Argentina
4 Bolivia
3 Chile
Uruguay
2 Brazil

3 ASIA PACIFIC

PACIFIC
ASIA
Transmission Power India
China
and Distribution Malaysia
Philippines
BG Group’s Transmission and A large proportion of the worldwide Thailand
Distribution (T&D) activities develop demand for gas is attributable to Oman
markets for natural gas and provide power generation. BG Group develops,
them with supply from its own and owns and operates gas-fired power
others’ production through transmission generation plants.
and distribution networks.
4 MEDITERRANEAN BASIN AND AFRICA

BASIN AND AFRICA

MEDITERRANEAN
MAIN MARKETS AND ACTIVITIES MAIN MARKETS AND ACTIVITIES
Egypt
The Group’s T&D businesses are BG Group has a 4.3 GW(f) portfolio Israel and areas of
focused on high growth developing of modern, efficient combined cycle Palestinian Authority
markets – principally in Brazil and India. generating turbines. Algeria
Libya
Transmission and Distribution: Power: Italy; Malaysia; Philippines; Madagascar
Argentina; Brazil; India; and UK. UK; and USA.
Nigeria
Co-generation: Brazil; and India.
Tunisia

PERFORMANCE HIGHLIGHTS PERFORMANCE HIGHLIGHTS

5 NORTH AMERICA AND THE CARIBBEAN
AND THE CARIBBEAN
NORTH AMERICA
AND GLOBAL LNG
Throughput (bcma) Power capacity (GW)
Canada
16 5
4.3(f)
13.4

Alaska
13.2
12.5

11.9(e)

4
Trinidad and Tobago
12 United States of America
3.0
2.8

2.8
2.8

3
8
2

4
1

0 0
STATISTICAL SUPPLEMENT
SUPPLEMENT
STATISTICAL

03 04 05 06 03 04 05 06
Social and Environment Data
Group Financial Data
Exploration and Production (E&P)
Total operating profit(a) Total operating profit(a) Liquefied Natural Gas (LNG)
Business Performance(b) Business Performance(b) Transmission and Distribution (T&D)
Power

£231m £106m Corporate Information

Definitions and Conversions

(e) Decline due to MetroGAS deconsolidation. (f) Includes 1.3 GW agreed to acquire in 2006 BG Group Data Book 2007
and early 2007, which has now completed.
 Europe and Central Asia
4 Europe Downstream

BG Group’s Europe Downstream activities

ABERDEEN Key to operations
encompass power generation, gas
Gas pipeline
transmission and energy marketing.
0 200km The Group is also jointly developing
a LNG import and regasification facility
Premier Power
at Milford Haven, Wales.
BG Group purchased Premier Power in
1992 and then converted the plant to gas.
LARNE
BG Group also has a 50% stake in the
TEESSIDE
BELFAST
Seabank power station.
BG Group sells gas on a wholesale basis
UK at beach terminals and ships gas to the
IRISH SEA UK National Balancing Point. BG Group
also exports gas for sale to, and purchases
BACTON gas for import from, mainland Europe via
the Interconnector.

Interconnector PREMIER POWER LIMITED

The Ballylumford power station, near
Dragon LNG,
Milford Haven Larne, has a potential maximum capacity
Seabank LONDON ZEEBRUGGE of 1 316 MW. The power station is gas-fired
READING
with dual-fuel capability and is owned and
operated by Premier Power Limited, a
wholly owned subsidiary of BG Group.
The 600 MW CCGT plant was
commissioned in 2003 on a brownfield
site adjacent to the existing Ballylumford
plant. CCGT technology is significantly
more efficient than a conventional
generating plant, giving around 40% more
electricity from the same amount of gas.
New information SEABANK POWER LIMITED
• Phase 2 Interconnector import flow Built in two phases, Seabank is a
expansion completed 1 130 MW CCGT power station near
Bristol. It is owned and operated by
• Sale of equity stake in Interconnector Seabank Power Limited, a 50:50 joint
(UK) Limited venture between BG Group and Scottish
and Southern Energy. Phase 1 of Seabank
Key dates (750 MW) entered full commercial
1997 Premier Power Limited converted operation in 2000 and Phase 2 (380 MW)
from oil to natural gas in 2001.

1998 Interconnector between UK and INTERCONNECTOR (UK) LIMITED

Belgium became operational
2000- Seabank Phases 1 and 2 entered
2001 full operation
2003 Completion of 600 MW CCGT
plant at Premier Power
In June 2007, BG Group sold its 25%
shareholding in Interconnector (UK)
Limited for £165 million. BG Group retains
both import and export capacity in the
pipeline, which runs from Bacton in
England to Zeebrugge in Belgium.

2005- Interconnector import flow BG Group uses its capacity for

2007 expansions in three phases
2007 Sale of equity stake in
Interconnector (UK) Limited
Dragon LNG expected to be
operational in the fourth quarter
long-, medium- and shorter-term sub-lets
to third parties and also ships gas to take
advantage of market price differentials.
ENERGY MARKETING
In 2006, BG Group produced 6.3 bcm gas
from the UK Continental Shelf (UKCS),
the equivalent to approximately 7% of
UK gas demand. The Group sells gas on
a wholesale basis at the entry to the
National Transmission System (NTS)
and ships gas via the NTS to sell at
the National Balancing Point under
long-, medium- and short-term contracts.

BG Group Data Book 2007

 5

BG Group is an active participant in Shareholders Dragon LNG (%)

the NTS entry capacity auctions held

CENTRAL ASIA
EUROPE AND
by National Grid and in the on-the-day
commodity market and other
electronic trading systems that help
shippers balance their daily supply and
demand. BG Group further optimises
its portfolio through the use of rented
gas storage capacity.
DRAGON LNG
In 2004, BG Group and partners signed
the shareholder and other related
agreements to develop a £250 million BG Group 50
LNG import terminal at Milford Haven PETRONAS 30
in Wales. The agreements confirm the 4Gas 20
ownership of the terminal (BG Group 50%,
PETRONAS 30% and 4Gas 20%) and the
20 year arrangements governing the use
of capacity rights (BG Group 50%,
PETRONAS 50%), allowing BG Group
and PETRONAS to each send out 3 bcm
(106 bcf) gas per year, from around
2.2 mtpa LNG.
Dragon LNG is scheduled to be
operational in fourth quarter 2007.
MICROGEN
BG Group subsidiary Microgen ceased
operations in first half 2007. BG Group’s
intellectual property rights relating to
micro combined heat and power systems
have been sold to Sunpower, Inc. of
the USA.

BG Group Data Book 2007

 Europe and Central Asia
6 UK Upstream

With interests in more than 20 UK

0 200km

SULLOM VOE
Continental Shelf (UKCS) fields, BG Group
has one of the most significant
exploration and production businesses in
2 the offshore waters of the UK. BG Group
FLOTTA
A operates: the Armada fields (Fleming,
NORTH SEA
Drake and Hawkins), the Maria field and
the Seymour field in the central North
ST. FERGUS Sea; the Blake and Atlantic fields in the
ABERDEEN Outer Moray Firth; and the Neptune,
Mercury, Minerva and Apollo fields in the
1 Easington Catchment Area (ECA) in the
southern North Sea. In early 2007, the
Buzzard field (Nexen-operated) in the
Outer Moray Firth came onstream.
TEESSIDE 3 BG Group believes there is significant
remaining potential in the UKCS and is
IRISH SEA actively pursuing opportunities around
THEDDLETHORPE
THEDDLE
ETHORPE
existing infrastructure hubs.
B
BACTON
In addition to the core production hubs
UK and exploration and appraisal interests on
the UKCS, BG Group has a 51.18% interest
READING in the Central Area Transmission System
LONDON
(CATS) offshore pipeline and onshore
processing facilities, and a 7.86% stake in
the Shearwater Elgin Area Line (SEAL).
PRODUCING ASSETS
Amethyst
BG Group has a 24.15% interest in the
BP-operated Amethyst field located in
the southern North Sea. Amethyst East
UK: BG Group 3 year production New information
started production in 1990 and Amethyst
Total production mmboe (net) • Buzzard first oil West in 1991. The development’s four
offshore platforms are unmanned, with
• Significant gas/condensate discovery
80 production being controlled via the
in the Jasmine prospect
66.0

onshore terminal facilities.

• Increased stakes in the Armada
55.6
54.8

60 From the A2D platform, production is

and Everest fields
exported 40 kilometres via a dedicated
30-inch diameter line to the Easington
40 Key dates
terminal, where it is processed. The
1997 Armada began production average daily rate in 2006 was 50 mmscfd.
20
1999 ECA Phase 1 first gas Amethyst gas is sold under a life of
field contract.
0
2001 Blake first oil
04 05 06 Armada/Seymour
2002 ECA Phase 2 first gas
The BG Group-operated Armada gas
Oil & liquids 2003 Seymour first gas condensate fields (Fleming, Drake and
Gas Hawkins) extend over 31 square
2006 Atlantic/Cromarty first gas
kilometres and span five exploration
2007 Buzzard first oil blocks. Production began in 1997,
following the successful completion of
the Phase 1 project (facilities plus eight
wells) on schedule and at a gross project
cost of £437 million.
Completed in 2002 at a gross cost of
£76 million, the Armada Phase 2 drilling
programme added a further three wells,
extending the production plateau and
lengthening the field life. An average
rate of 187 mmscfd and 5 545 bopd was
achieved in 2006.
The SW Seymour area of the BG Group-
operated Seymour field (BG Group 57%

BG Group Data Book 2007

 7

equity) was appraised successfully and

G
UK Upstream 1

IG
drilled from the Armada platform in 2002.

CENTRAL ASIA
EUROPE AND
FR
Maria
The gross project costs were £23 million SAG
E
Armada

GS
and first production was achieved on

ES
FLA

AG
Seymour

W
15 March 2003. A second well drilled in ANN
IA

AND
BRIT

ASIA
Everest
2004 into the NW Seymour area was S
FORTIE
brought on production in April 2006 at a
ST. FERGUS
gross project cost of £44 million. This well FULMAR
produces black oil, the first of its kind
across the Armada platform. Lomond
ABERDEEN
The commingled stream of Armada and
NORTH SEA Glenelg
Seymour gas is exported via the CATS Elgin
Franklin
pipeline to Teesside. Liquids are Jade
transported through the Forties Pipeline Key to operations
System (Forties) to the Kinneil processing Judy/Joanne
Gas BG Group-
plant at Grangemouth. operated block

SEAL
TS
Oil

CA
ELED
BG Group
On 30 March 2007, BG Group completed Gas pipeline non-operated block

LANG
the purchase of ConocoPhillips’ 11.45% Oil pipeline
interest in the Armada fields, along with 0 100km
an increased stake in the Everest field, for
a total consideration of US$143 million.
This transaction increased BG Group’s
shareholding in Armada to 58.22%. UK Upstream 2 Key to operations
Gas
Atlantic/Cromarty
Oil
BG Group has a 75% interest in the Faroe Island Licence NINIAN

T
Atlantic field in the Outer Moray Firth. EN Gas pipeline
BR

BG Group also holds 10% in the adjacent SULLOM VOE

Oil pipeline
Bedlington
Cromarty field. The fields have been BG Group-
operated block
developed with three wells and a long
BG Group
sub-sea multiphase flow pipeline, the
Western Area Gas Evacuation System
SHETLAND non-operated block

(WAGES), tied into the SAGE terminal ISLANDS 0 100km

at St Fergus. Total investment was

S

G
AG

IG
FL

FR

£235 million. Production began in June

2006, with a plateau rate of 220 mmscfd. NORTH
FLOTTA SEA
Blake and Blake Flank Atlantic
Blake
BG Group has a 44% interest in, and is
operator of, the Blake field. The field is E Armada
Cromarty S AG
located 100 kilometres from Aberdeen in IA
Buzzard ANN Everest
the Outer Moray Firth. First production BRIT
FORTIES
CATS

ST. FERGUS
was achieved in 2001, just 18 months after FULMAR

sanction, and the project was delivered

10% under budget.
UK Upstream 3
ELED

The field was developed in two phases.

LANG

The first phase was the Blake Channel,

which is a sub-sea development of six
producing wells and two water-injection
wells, tied back to an existing floating Minerva Neptune
production, storage and offloading (FPSO)
Apollo NORTH SEA
vessel located over the Ross field some
Mercury
9.5 kilometres away.
EASINGTON
Development of the second phase, Blake
Flank, was completed and production Amethyst
commenced from two wells in second THEDDLETHORPE

half 2003. This sub-sea development is

tied back through the existing Blake
facilities to the Ross FPSO vessel. An Key to operations
SEAL

average total field rate of 24 000 bopd

Gas Gas pipeline
was achieved in 2006.
BG Group BG Group-
Buzzard non-operated
block
operated
block
BACTON

BG Group has a 21.73% interest in the

0 50km UK-Continent
Buzzard oil field, located in the Outer Interconnector
Moray Firth 100 kilometres north-east of

BG Group Data Book 2007

 Europe and Central Asia
8 UK Upstream continued
Partners Armada (%) Aberdeen. The field was discovered in
2001 and came onstream in January 2007.
With total estimated proved and probable
reserves of around 500 mmboe, the field
is believed to be one of the largest
discovered in the North Sea in more than
ten years. Peak production is expected
to be 190 000 bopd. Gross capex for the
project was £1.5 billion.
The facilities consist of a three bridge-
linked platform complex with oil export
BG Group (operator) 58.22 via Forties and gas export via the Frigg
BP 18.20 system. Peak annual production is
Total 12.53 scheduled for 2008.
Centrica 11.05
Easington Catchment Area (ECA)
The Neptune, Mercury, Minerva, Apollo,
Wollaston and Whittle gas fields in the
southern North Sea are collectively
Partners Seymour (%) referred to as the ECA.
Neptune and Mercury are BG Group-
operated and were developed as the first
phase of the ECA project. First production
commenced in 1999.
The ECA Phase 1 facilities consist of a
sub-sea production system at Mercury, a
normally unmanned platform at Neptune,
the ECA Riser Tower platform installed
adjacent to the existing BP-operated
Cleeton facilities and pipelines connecting
BG Group (operator) 57 the platforms and production systems.
Total 25
The Mercury sub-sea wells are tied back
Centrica 18
via a manifold and pipeline to the
Neptune platform. The fluids produced
from Mercury are commingled with fluids
from the Neptune production wells before
Partners Blake (%) export to Cleeton for final separation,
metering and transmission into the
Southern North Sea Pipeline System
infrastructure at the Dimlington
processing terminal. BG Group holds
73.33% in Mercury and 79% in Neptune.
Phase 2 of the ECA project consists of the
BG Group-operated Minerva Hub fields,
Minerva and Apollo (BG Group 65%), and
the BP-operated Whittle Hub Fields,
Wollaston and Whittle (BG Group 30.77%).
BG Group (operator) 44.0 Making use of the existing ECA
Talisman 53.6 infrastructure, the ECA Phase 2 facilities
Petro Summit 2.4 consist of a normally unmanned platform
at Minerva and a sub-sea production
manifold at Apollo, tied back to the
Minerva platform. The platform exports all
production to the ECA Riser Tower. The
Wollaston and Whittle Field wells are tied
back via a manifold and pipeline directly to
the ECA Riser Tower. All production from
the Minerva and Whittle Hubs is then
commingled with Neptune and Mercury
production at Cleeton. First production
from the Whittle Hub commenced on
31 December 2002, with first production
from the Minerva Hub following shortly
BG Group Data Book 2007
after, in January 2003. A combined average
production rate of 160 mmscfd was
achieved by ECA during 2006.
Elgin/Franklin Area
The Elgin/Franklin high pressure and high
temperature (HPHT) gas condensate fields
are located in the central North Sea.
Following their £1.7 billion (gross) joint
development, the fields began production
in 2001.
A total of 12 wells, six each in Elgin and
Franklin, produced at an average rate of
440 mmscfd and 90 600 bopd during
2006. A seventh well has been completed
on Franklin and entered production
during second quarter 2007. Total
operates the Elgin/Franklin fields in which
BG Group has a 14.11% interest. A separate
field, West Franklin, is expected to start
production in third quarter 2007. Drilling
of a second well has commenced on this
field, production from which is expected
to start in second half 2008.
The HPHT Glenelg field (BG Group 14.7%),
in Block 29/4d, started production in
March 2006. The field has been developed
through a single high departure well
drilled from the Elgin wellhead platform.
Elgin/Franklin and Glenelg gas is exported
through SEAL, a common export pipeline
shared with the nearby Shell-operated
Shearwater field, to the onshore gas
reception facilities at Bacton in Norfolk.
Gas then flows into the NTS or via the
Interconnector into Europe. Liquids are
exported through Forties to the Kinneil
processing plant at Grangemouth. Gas
and liquids from West Franklin will follow
the same export routes.
Everest and Lomond
Also situated in the central North Sea are
the BP-operated Everest and Lomond
fields. BG Group holds a 59.32% stake in
Everest, increased following the purchase
in December 2006 of ConocoPhillips’ 1.01%
stake, and a 61.11% interest in Lomond. The
fields were developed in parallel, with first
production in 1993.
In 2001, two additional wells were added
to each of Everest and Lomond as part of
the four well Phase 2 programme. These
wells extended plateau production levels
and accessed reserves in South Everest.
Drilling of two further wells is currently
ongoing on Everest.
A combined average production rate of
208 mmscfd and 5 000 bopd was
achieved in 2006. Everest and Lomond gas
is exported via the CATS pipeline and is
sold under contract to Teesside Power
Limited. Produced liquids go via the
Forties pipeline to Kinneil.

J-Block and Jade
The ConocoPhillips-operated Judy/Joanne
(J-Block) (gas condensate/oil) and Jade
(gas condensate) fields are located in the
central North Sea. BG Group has a 30.5%
interest in J-Block and a 35% interest in
Jade. Production began from J-Block in
1997 and from Jade in 2002. The 2006
combined average production rate from
the fields was 577 mmscfd and
44 500 bopd.
Jade was developed using a normally
unmanned wellhead platform and
currently produces from six wells. The
Jade South West exploration well, drilled
from the Jade platform, was successful
and was brought on production during
June 2006.
Production from Jade is exported via a
sub-sea pipeline to the manned Judy
platform where it is commingled and
processed with Judy and Joanne
production. The combined gas stream is
then exported via the CATS pipeline to
Teesside and the combined liquids stream
exported via Norpipe to the Norsea oil
terminal at Teesside.
The Judy/Joanne fields currently produce
from 19 wells, three of which were
brought into production in 2006. A further
successful Jade exploration well was
drilled in second quarter 2006.
In 2006, after an exploration well and
sidetrack by the operator ConocoPhillips,
BG Group announced a substantial
commercial hydrocarbon accumulation –
the Jasmine discovery. The initial well was
drilled nine kilometres west of the
existing Judy development. BG Group
estimates recoverable reserves to be
between 100 and 275 million barrels and
further exploration activity is planned in
the area in 2007.
DEVELOPMENT FIELDS
Maria
In 2003, BG Group assumed operatorship,
on behalf of a consortium with Total and
Centrica, of the fallow Maria 16/29a-11Y
discovery. An appraisal well drilled in
2004 identified a 900-foot oil column and
confirmed the viability of the discovery.
Sidetrack drilling then confirmed an
extension into the adjacent Maria
Horst prospect.
Production from Maria will be tied back to
Armada, with gas exported via CATS to
Teesside and liquids through Forties to
the Kinneil processing plant at
Grangemouth. First production is
scheduled for third quarter 2007.
9
UKCS EXPLORATION Partners Buzzard (%)
In the 24th licensing round announced
CENTRAL ASIA
EUROPE AND
in February 2007, BG Group was awarded
a total of three blocks adjacent to existing
acreage positions close to the Lomond
AND
ASIA
field (22/25d, BG Group 100%) and the
Jackdaw discovery (23/27b, BG Group
100% and 30/3b, BG Group 30.5%).
BG Group has increased its equity
in exploration acreage in Block 22/14a
to 41.27% via the purchase of
ConocoPhillips’ equity.
BG Group 21.73
OFFSHORE PIPELINES Nexen (operator) 43.21
CATS PetroCanada 29.89
BG Group has a 51.18% interest in the Dyon 5.16
CATS pipeline and terminal, which is Figures rounded to 2 decimal places
operated by BP. The 404 kilometre 36-inch
diameter CATS offshore pipeline became
operational in 1993 and now transports
gas to Teesside from the Everest, Lomond,
Andrew, Armada, Seymour, Judy/Joanne,
Jade, Erskine, Banff and Eastern Trough
Area Project (ETAP) fields (all in the
central North Sea). The pipeline has a
peak gas capacity of around
1 700 mmscfd.
Onshore, the CATS Teesside terminal
includes two trains of gas processing
equipment for Armada, Seymour, Erskine,
ETAP and Banff fields. Train 1 became
operational in 1997, originally for Armada
and Erskine, and Train 2 was brought
onstream in 1998 for ETAP and Banff.
The total processing capacity of the
terminal is around 1 200 mmscfd.
The CATS owners have recently
contracted additional business from the
Maria and Montrose Arbroath fields.
SEAL and SILK
BG Group has a 7.86% interest in SEAL,
a 480 kilometre 34-inch diameter gas
export pipeline to Bacton. The pipeline
was completed in 2000 for the
Elgin/Franklin and Shearwater fields.
With capacity of around 1 150 mmscfd
of NTS-quality dry gas, it has been
transporting gas since 2001.
BG Group also has a 15.98% interest in
the 900 metre 34-inch diameter SEAL
Interconnector Link (SILK) pipeline that
provides direct access from SEAL into the
UK-Continent Interconnector pipeline.
BG Group Data Book 2007
 Europe and Central Asia
10 Norway
PL396
PL396
PL395
PL395
PL393
PL393
NORWAY
PL372BS
PL374S
PL373S
UK PL274BS
New information
• Awarded two new licences in 2006
Awards in Pre-defined Areas (APA) Licence
Round, including the Bream oil discovery
• Completion of the Nucula, Barents Sea
exploration well
Key dates
2004 BG Group acquired first
licence, PL297
BG Group opened office
in Stavanger
2005 Completion of the Tulipan
exploration well, BG Group’s
first Norway well
2006 Awarded eight licences in the
19th Licensing Round
2007 Awarded operatorship of the
Bream licence (PL 407)
Completion of the Nucula
exploration well, BG Group’s
first Barents Sea well
BG Group Data Book 2007
NORTH TAMPEN
Key to operations
(5 licences, 4 operated)
Gas Oil pipeline
A 3D seismic survey was acquired over the
Oil BG Group- Plomme prospect (PL 372S) in 2006, which
operated block
Gas pipeline will be used to determine any future
BG Group
Pipeline – non-operated block drilling plans. Planning continues on the
proposed or
under BG Group-operated Jordbær exploration
construction well (PL 373S). One further licence was
PL392
0 500km gained through the award of PL423S in
the 2006 APA Licence Round, and a 3D
PL391
seismic survey is scheduled for 2007.
PL324
PL382
PL325
MID-NORWAY
PL390 (8 licences, 4 operated)
PL388 Langeled BG Group holds a significant position in
Pipeline
KRISTIANSUND this area, including a number of deep
PL251 NYHAMNA water licences (over 1 000 metres water
depth), and drilled its first commitment
PL372S well in this area this year. In addition, in
NORWAY SWEDEN 2007, BG Group will complete two large
operated 3D surveys covering three
PL423S
licences in the Rås Basin area. The data
HAUGESUND will determine if an exploration well is to
STAVANGER
be drilled on these licences.
PL407
PL292 BARENTS SEA
PL335 (3 licences, 1 operated)
PL143 BG Group completed its first Barents Sea
PL297 well in March 2007 as a participant in the
Hydro-operated Nucula well located in
PL393. This well is an oil and gas discovery
and post-well work continues to
determine any appraisal requirement.
BG Group entered Norway in 2004, with Nucula is located less than 50 kilometres
the award of PL297 (Mandarin) in the from the coast in an environmentally
sensitive area, and the well was drilled
North Sea. The Group now has 22 licences
under strict conditions less than a year
(14 as operator), gained predominantly
after being awarded.
through licensing rounds and located in
four established core areas. A significant
exploration programme will be
undertaken in 2007, with four exploration
wells scheduled for completion plus
extensive 3D seismic acquisition. Planning
for appraisal drilling on the Bream oil
discovery is underway in preparation for
2008 drilling.
SOUTHERN NORTH SEA
(6 licences, 5 operated)
This was the entry point into Norway,
with BG Group applying its UK Central
Graben expertise and experience to the
Norwegian median line area. Many of the
plays being explored in the Norway
licences are similar to those developed
and matured in the UK. Two operated
exploration wells are scheduled for
completion in 2007, Orange and Pi North.
A commitment has been made for the
drilling of the high pressure/high
temperature Mandarin prospect,
scheduled for 2008.
In January 2007, BG Group was awarded
the PL407 licence as operator, which
contains the Bream oil discovery. The
drilling of an appraisal well on Bream
is scheduled for 2008.
Europe and Central Asia
Italy 11

LNG
HUNGARY BG Group is developing an 8 bcma

CENTRAL ASIA
EUROPE AND
MILAN SLOVENIA (6 mtpa) LNG import terminal in the
TURIN CROATIA outer harbour of the port of Brindisi
(BG Group 100%). The EPC contract was

AND
RIVALTA

ASIA
BOSNIA & awarded in 2004. Offsite works began in
HERZEGOVINA early 2005, followed by onsite works in
Po Valley
second half 2005.
ITALY
BG Group will have the rights to 80% of
A
ADRIATIC SEA the capacity in the terminal on a priority
SULMONA TERMOLI
ROME basis, whilst the remainder will be subject
CASSINO
Brindisi LNG to regulated third-party access. The
NAPLES MELFI
BRINDISI
terminal is strategically located to receive
LNG from the Mediterranean and Atlantic
TYRRHENIAN SEA Basins and the Gulf States.
In February 2007, the Brindisi LNG site
was seized in connection with a criminal
investigation by Italian authorities into
MEDITERRANEAN SEA allegations of improper conduct related to
IONIAN SEA the authorisation process. Construction
work has been suspended since this date.
Key to operations TUNISIA It is unclear at this stage how this
Gas Oil pipeline investigation and other matters described
Oil BG Group- in the BG Group’s Annual Report and
operated block
Gas pipeline Accounts 2006 may affect the project.

0 250km EXPLORATION
BG Group has focused recent exploration
activity in the Po Valley, where the Group
holds six exploration permits (five
operated) and one licence application.

New information POWER

• Ownership of Serene S.p.A. power plants
increased to 100%
Key dates
1998 Serene S.p.A. power stations
began operation
2004 Brindisi LNG EPC awarded
2006 Italian authorities and European
Commission confirmed 20%
third-party access at Brindisi LNG
Construction of Brindisi LNG began
2007 Ownership of Serene S.p.A. power
plants increased to 100%
BG Group has been active in Italy since
1992. Italy is a major net importer of
gas, a commodity upon which it is
becoming increasingly dependent as the
government focuses on environmentally
friendly energy sources. BG Group seeks
to position itself within the Italian market
to supply this rising demand.
Current activity in Italy includes: E&P,
where BG Group holds exploration
permits in the Po Valley; LNG, where
BG Group is developing a LNG import
terminal on the south-eastern coast; and
Power, where BG Group owns and
operates five co-generation plants.
In February 2007, BG Italia acquired the
remaining 66.32% of Serene S.p.A. shares
from Edison for €98 million, which
increased BG Group’s interest in Serene
S.p.A. to 100%.
The company owns and operates
approximately 400 MW of co-generation
at five locations adjacent to Fiat Auto
factories. Three 100 MW power stations
are located at Melfi, Termoli and Cassino,
with the 50 MW stations at Sulmona and
Rivalta. The plants have been in operation
for eight years and are located to supply
steam to Fiat Auto plants and other
adjacent steam offtakers.
Serene S.p.A. supplies nearly 3 000 GWh
per year of electricity to the grid operator,
GRTN, and 340 000 tonnes of steam,
primarily to Fiat. Fuel gas is supplied to
the plants by Eni and Edison.

BG Group Data Book 2007

 Europe and Central Asia
12 Kazakhstan

BG Group has been active in Kazakhstan

Key to operations
for 15 years. It is joint operator of the
Gas and Oil/Condensate
giant Karachaganak gas condensate field
Gas pipeline in north-west Kazakhstan, where it has a
ORENBURG
Oil pipeline 40 year concession, and a shareholder in
0 500km the Caspian Pipeline Consortium (CPC).
BOLSHOI CHAGAN Karachaganak The CPC pipeline links reserves in western
Kazakhstan to the Black Sea, providing
access to world markets.
Atyrau Samara
pipeline KARACHAGANAK
UKRAINE
Karachaganak-
KAZAKHSTAN The Karachaganak field, discovered in
1979, is one of the world’s largest gas and
to-CPC pipeline
CPC condensate fields. Located in north-west
ATYRAU
RUSSIA Kazakhstan, it holds HIIP of 9 billion bbls
ASTRAKHAN of condensate and 48 tcf of gas, with
CPC estimated gross reserves of over 2.4 billion
TENGIZ
bbls condensate and 16 tcf of gas.
Since the signing of the Final Production
NOVOROSSIYSK Sharing Agreement (FPSA) in 1997, the
Karachaganak partners have made
substantial investment in wells, facilities
AKTAU and pipelines. In addition to its size,
BLACK SEA CASPIAN SEA Karachaganak presents the operators with
GEORGIA
formidable challenges due to extreme
climate swings (+/- 40 degrees centigrade)
and the requirement to reinject high
pressure sour gas. BG Group’s share of
production from Karachaganak in 2006
was 36.3 mmboe, an increase from
35 mmboe in 2005. A record daily
production of 440 000 boe was achieved
Kazakhstan: BG Group 3 year production New information on 5 November 2006.
Total production mmboe (net) • Fourth stabilisation train sanctioned Production from the Karachaganak field
began in 1984 when Kazakhstan was still
• Agreed terms of the Phase III Gas
part of the Soviet Union. BG Group first
36.3

40
35.0

Sales Agreement
investigated the possibility of investing in
30.7

the field in 1990, and in 1992 the

30 Key dates
1996 Acquired 2% stake in restructured
20 Caspian Pipeline Consortium (CPC)
1997 Karachaganak and North
10 Caspian PSAs signed
2001 CPC fully operational
0 rapid production decline and to improve
04 05 06 2003 First liquids from new
Karachaganak facilities
Oil & liquids
2004 Phase II Karachaganak development
Gas
completed. First exports via
Novorossiysk on the Black Sea
2005 Completed sale of interest in
North Caspian Sea PSA
2006 Oil exports commenced via
the Atyrau Samara pipeline
2007 Agreed the terms of the
Phase III Gas Sales Agreement
with KazRosGaz
Kazakhstan authorities granted BG Group
and Agip (now Eni) exclusive rights to
negotiate a development agreement. In
1995, a Production Sharing Principles
Agreement (PSPA) was signed under
which BG Group and Agip took over
operatorship of the field in order to halt
the safety and environmental
performance of the facilities.
Texaco (now Chevron) acquired a 20%
share in Karachaganak from BG Group and
Agip in August 1997, and two months later
LUKoil took a 15% share that was formerly
held by Gazprom. In November 1997, the
FPSA was signed (effective 27 January
1998), superseding the PSPA and providing
for the full development of the field.
The FPSA envisaged a phased
development programme, of which the
first two phases have been completed.
Phase II involved investment of over
US$ 1 billion (net BG Group) to enhance
the existing facilities, construct new gas
and liquids processing and gas injection
facilities, work-over more than 100 wells,
construct a 120 MW power station and lay

BG Group Data Book 2007

 13

a new 650 kilometre pipeline to connect 30 mtpa) as a result of improved Partners Karachaganak (%)
the field to the CPC pipeline at Atyrau. operating efficiency. The ICP cost around

CENTRAL ASIA
EUROPE AND
US$2.6 billion to complete, of which
Phase II facilities came fully onstream in
BG Group contributed approximately
2004. Historically, virtually all production
US$70 million.

AND
was sold into Russia, but now most

ASIA
liquids are sold via the CPC (currently Karachaganak, operating via the
around 70%), with some condensate and Karachaganak Petroleum Operating
all sales gas continuing to be sold into Company (KPO), began delivering liquids
Russia. Exports via the CPC pipeline have into CPC in 2004.
achieved international prices that are
BG Group has a 2% equity share in
substantially higher than those secured in
the line but is entitled to 2.75 mtpa
the Russian market. An additional oil
(55 000 bopd) of CPC initial capacity BG Group ( joint operator) 32.5
export route, via the Atyrau Samara
(around 10% of the total) which, along with Eni ( joint operator) 32.5
pipeline leading into the Russian
other Karachaganak partners’ entitlements, Chevron 20.0
Transneft system, subsequently became
is being used to transport liquids from LUKoil 15.0
available, and oil exports through this
the Karachaganak field.
route began on 19 June 2006, enabling
additional sales at international prices. An expansion of the pipeline system to
over 60 mtpa is the next step, and FEED
The Phase IIM drilling programme,
and CPC shareholder discussions related Shareholders CPC (%)
incorporating an additional 16 production
to this are ongoing. The first phase of
wells, was sanctioned in 2005. A fourth
expansion will increase BG Group’s BG Group 2.00
stabilisation train project, sanctioned in
preferential capacity rights to 3 mtpa Russian Government 24.00
December 2006, has been expanded to
(60 000 bopd), and there is potential to Kazakh Government 19.00
include 13 additional wells and a rail
increase the total gross capacity of the Chevron 15.00
export facility with an initial capacity
pipeline to some 67 mtpa (1.45 million LUKARCO 12.50
of 3.8 mtpa. This will increase Western
bopd) over time. In 2006, liquids from ExxonMobil 7.50
export volumes to more than 10 mtpa
Karachaganak yielded 78 tanker loadings, Rosneft-Shell 7.50
and develop gross reserves of 250 mmboe.
lifting 6.6 million tonnes (52 million Omani Government 7.00
It is expected to be onstream in 2009.
barrels) at Novorossiysk. Eni 2.00
In November 2006, pre-FEED work for
Oryx 1.75
the Phase III development of the
KPV 1.75
Karachaganak field was completed.
Further work is now underway, designed
to increase liquids and gas production
rates and to recover additional reserves.
At an expected investment of around
US$8 billion (gross), Phase III is targeted
to come onstream in 2012, and is expected Karachaganak: Additional export capacity secured
to increase liquids sales to 16.5 mtpa and
gas sales to 16 bcma.
In June 2007, BG Group and partners Rail Orenburg
agreed the terms of the Phase III 0 mtpa 8 bcm
Karachaganak Gas Sales Agreement 5.1 mtpa 16 bcm
with KazRosGaz, a joint venture between
Gazprom and KazMunaiGaz. The Atyrau Samara
agreement, which is subject to approvals, Orenburg
2 mtpa
sets out the commercial terms governing 4 mtpa
3.3 mtpa
the sale of gas over a 15 year period and is 4 mtpa
expected to commence fourth quarter 2007.
CASPIAN PIPELINE CONSORTIUM (CPC) Gas
The CPC was formed to build a pipeline Karachaganak re-injection
field
system to transport oil from western
Kazakhstan to the Black Sea near
Novorossiysk in Russia. The pipeline
CPC Small Refinery
system, which commenced operations
along its full length in 2001, consists of 7 mtpa* 0.4 mtpa
a new-build line, new marine terminal 7 mtpa 0.4 mtpa
facilities near Novorossiysk and an
upgraded pipeline. The first phase of the
Stabilised Oil Un-stabilised Oil Capacity 2006
system, known as the Initial Construction
Project (ICP), has a capacity of 28.2 mtpa Gas Stabilised Planned Capacity
(560 000 bopd), all of which has been Oil future route 2012
allocated to CPC shareholders. However,
*6.5 mtpa firm capacity plus access to additional capacity
CPC is able to accept more oil than
initially expected (now in excess of
 South America
14 Argentina, Bolivia, Chile and Uruguay

Key to operations BOLIVIA Argentina

Gas PARAGUAY Key dates
Oil
BRAZIL 1992 Purchase of MetroGAS
Gas pipeline
distribution licence
0 500km
1994 MetroGAS Initial Public Offering
on NYSE
ARGENTINA MetroGAS 2002 Devaluation of Argentine Peso.
MetroGAS suspends payments of
GNL Quintero
BUENOS AIRES URUGUAY principal and interest on its debt
SANTIAGO MONTEVIDEO
Southern Cross and Gas Link
pipelines operational
CHILE 2005 MetroGAS deconsolidation
PACIFIC OCEAN
C
CEAN Southern Cross and from BG Group’s accounts
Gas Link Pipelines
Launch of MetroENERGIA
gas marketing
2006 MetroGAS debt-restructuring
completed
ATLANTIC OCEAN METROGAS
MetroGAS is the largest natural gas
distribution company in South America.
BG Group acts as technical operator.
MetroGAS supplies approximately two
million customers in the city of Buenos
Aires, and in 2006 delivered 8 bcm gas
through 16 016 kilometres of pipelines.
In January 2002, the Argentine
government declared what it called a
MetroGAS effective shareholders (%)
state of “public emergency”, forcing the
(following completion of GASA restructuring, re-negotiation of public utility contracts.
which remains subject to regulatory approvals)
The timing and outcome of this process
still remains uncertain.
As a result, in March 2002, MetroGAS and
its holding company – GASA – suspended
payments on all of its financial debt.
In November 2003, MetroGAS launched
a debt-restructuring plan.
In December 2005, GASA reached
agreement with its creditors for a
comprehensive restructuring, subject to
BG Group 6.80 regulatory and local competition authority
Gas Argentino S.A. (GASA)* 51.00 approvals. The agreement will reduce
Marathon Funds 15.35 BG Group’s interest in GASA to 38.3%,
Retail 13.20 thereby lowering its indirect shareholder
Former Gas del interest in MetroGAS to 19.5%. Given that
Estado employees 10.00 BG Group maintains a 6.8% direct interest
Ashmore Funds 3.65 in MetroGAS, its total stake will then
represent 26.3%. This agreement led to
* GASA (BG Inversiones Argentinas 38.3%;
YPF Inversora Energética 31.7%; the deconsolidation of MetroGAS from
Ashmore Internacional Utilities 30.0%) BG Group’s accounts in 2005.
In May 2006, MetroGAS reached
a successful outcome of the debt-
restructuring process, with a 95% level
of consent from its creditors, increased
to 99.5% by December 2006, following
several court rulings.

BG Group Data Book 2007

 15

Key to operations Bolivia

Gas BG Group-
operated block
New information
Oil
BG Group • New Operation Contracts signed
Gas non-operated
pipeline block in October 2006
Oil pipeline
• Contracts came into effect in May 2007
0 100km
Charagua
Key dates
1998 Discovered Margarita
1999 Itau field discovered

AMERICA
SOUTH
Caipipendi Purchased Bolivian assets
LA PAZ from Tesoro
BOLIVIA 2004 First production from Margarita
Margarita La Vertiente Early Production Facility
Ibibobo-Mistol 2005 New hydrocarbons law passed
VILLAMONTES
TARIJA Tarija XX East in May

Tarija XX West Palo Marcado 2006 Supreme Decree (No. 28701/6) on

Itau Tarija XX East Nationalisation issued in May
Los Suris
BG Group has six exploration/
PARAGUAY exploitation and retention blocks (which
hold discoveries that have not yet
ARGENTINA commenced production) and holds a
participating interest in Itau and
Margarita, two of the largest discovered
gas condensate fields in the country.
Bolivia enacted a new hydrocarbons law
on 19 May 2005, following a national
Bolivia: BG Group 3 year production Partners Caipipendi Block (Margarita) (%) referendum held on 18 July 2004 covering
gas exports, hydrocarbon taxes and the
Total production mmboe (net)
management of the hydrocarbon sector.
On 1 May 2006, the Government issued a
8 nationalisation Supreme Decree. The law
and the nationalisation Supreme Decree
6.2

provide that ownership of the production

6
5.3

at the wellhead reverts to the State,

mandated a renegotiation of concession
4.1

4 contracts within 180 days, created a new,

non-creditable, 32% royalty-type tax on
2 wellhead production, and provided for
BG Group 37.5 increased state control over the sector.
Repsol YPF (operator) 37.5 In compliance with such provisions, on
0
Pan American Energy 25.0 28 October 2006, BG Group and partners
04 05 06
signed four new Operation Contracts with
Oil & liquids YPFB. Following congressional approval
Gas and subsequent notarisation on 2 May
2007, these contracts became effective,
Partners Itau Tarija XX West Block replacing the existing shared risk
(Itau Retention Area) (%) contracts. Bolivian production represented
around 3% of Group production in 2006.
Through delivery arrangements with
YPFB, BG Group and its partners supply
gas from fields in La Vertiente, Los Suris
and Caipipendi blocks to Brazilian and
domestic markets.
100% OPERATIONS
Following the acquisition in December
1999 of Tesoro Bolivia Petroleum
Company, BG Group continues to hold
BG Group 25 and operate (100%) several exploitation
Total Bolivie (operator) 75 and retention licences containing six gas
condensate fields.

BG Group Data Book 2007

 South America
16 Argentina, Bolivia, Chile and Uruguay continued
La Vertiente
The 375 square kilometre La Vertiente
exploitation block contains the La
Vertiente, Escondido and Taiguati gas
condensate fields. Production from
La Vertiente began in August 1978 and
from Escondido in October 1989.
Los Suris
The 50 square kilometre Los Suris
exploitation block contains the Los Suris
gas condensate field which began
production in August 1999.
XX Tarija East
Two discovered gas condensate and
oil fields, Ibibobo and Palo Marcado,
have been held as Retention Areas
awaiting development.
NON-OPERATED BLOCKS
Caipipendi
BG Group has a 37.5% equity share in this
Block which contains the large Margarita
gas condensate field lying in the 874 square
kilometre Margarita exploitation area.
Following discovery in November 1998, the
Margarita X2 and X3 appraisal wells were
drilled in 1999 and the X4 appraisal well
successfully tested gas in May 2004.
First production from Margarita began in
December 2004 under an interconnection
agreement with Petrobras for the
temporary use of its gas and liquids lines.
The Caipipendi block also contains several
large gas condensate exploration leads
and prospects.
XX Tarija West
BG Group has a 25% interest in the XX
Tarija West block, which contains the Itau
gas condensate field currently in retention.
Charagua
BG Group has a 20% interest in the
787 square kilometre Charagua Block
which contains the Itatiqui Retention Area.
BG Group Data Book 2007
Chile Shareholders GNL Quintero SA (%)
New information
• GNL Quintero LNG import terminal
project sanctioned in June 2007
• Terminal construction has commenced
Key dates
2006 BG Group selected to develop a LNG
import terminal and supply Chile
Project Development Agreement BG Group 40
(PDA) signed for the construction of, ENAP 20
and supply to, a LNG regasification Endesa 20
plant in Chile Metrogas S.A. of Santiago 20
2007 GNL Quintero SA incorporated and
project sanctioned
CHILE LNG
In March 2007, BG Group and partners
incorporated GNL Quintero SA and
executed the relevant shareholder
agreement. GNL Quintero SA will
implement, operate and own a 2.5 mtpa
LNG import terminal to be located in
Quintero Bay, 110 kilometres from
Santiago. The regasification plant will
include two 160 000 cubic metre LNG
storage tanks and will have an initial
send-out capacity of 340 mmscfd on
a sustainable basis and 510 mmscfd
on a peaking basis, meeting approximately
40% of the country’s demand for natural
gas. Following project sanction, BG Group
and the partners awarded the
US$775 million EPC contracts to Chicago
Bridge & Iron Company in June 2007.
GNL Quintero SA is progressing with
the construction of the terminal, which
is scheduled to be fully operational in
second quarter 2010, with early operations
scheduled for second quarter 2009.
The GNL Quintero SA partners have
secured capacity rights in the terminal
and have arranged to off-take the gas
via 21 year agreements with 1.7 mtpa
LNG supplied by BG Group from its
supply portfolio.
Uruguay
BG Group is operator with a 40% share in
the Southern Cross Pipeline (SCP) linking
Argentina to Montevideo. The pipeline
became operational in November 2002 at
the start of a 30 year concession period.
Through its holding in Dinarel, BG Group
holds a 25.5% interest in Gas Link, a
40 kilometre gas pipeline connecting the
SCP to the Argentine transportation network.
 South America
Brazil 17

The concession area has a population of

BT-SF-2
over 29 million and Comgas anticipates
continued growth opportunities in future.
BG Group has an equity position in the
Bolivia-Brazil Pipeline (BBP) and in seven
Bolivia-Brazil Pipeline
offshore exploration licences in the Santos
BELO HORIZONTE Basin, which includes the Tupi discovery
made in 2006, and one licence onshore.
Comgas EXPLORATION
On 15 September 2003, BG Group entered
BRAZIL SÃO PAULO
RIO DE JANEIRO
the Second Exploration Period for the non-
operated BM-S-9, 10 and 11 blocks in the

AMERICA
SOUTH
BM-S-50, 52
deep water (greater than 2 000 metres
PARAGUAY Parati
water depth) Santos Basin. In September
CURITIBA BM-S-9, 10, 11
2006, the Parati well drilled by Petrobras in
Tupi
BM-S-10 (BG Group 25%) and the Tupi well
BM-S-47 BM-S-13 also drilled by Petrobras in BM-S-11
(BG Group 25%) were both declared as
ARGENTINA discoveries. Tupi is a large structure with
Key to operations significant reserves potential requiring
further appraisal drilling and evaluation.
PORTO ALEGRE Gas BG Group-
URUGUAY operated block Initial estimates by BG Group and partners
Oil
BG Group are that Tupi could contain from 1.7 billion
Gas non-operated
pipeline block boe to more than 10 billion boe gross
Oil pipeline Licenced block
hydrocarbons in place. The Tupi well
flowed 4 900 bbls per day of sweet 30 API
0 500km
crude oil and 4.3 mmscfd of gas from
a deep pre-salt reservoir on a 5/8th inch
choke. Both BM-S-10 and BM-S-11 are now
in an Evaluation Period with appraisal of
the Tupi discovery commencing in second
Partners Tupi (BM-S-11)(%) New information quarter 2007. Drilling on BM-S-9 also
commenced in the second quarter 2007.
• Oil and gas discovered in Parati
(BM-S-10) and Tupi (BM-S-11). In July 2004, BG Group acquired a 100%
Exploration and appraisal of deep operated interest in the BM-S-13
water Santos blocks continues exploration block in the shallow water
(100 to 200 metres water depth) Santos
• Record volumes at Comgas in Basin. Entry to the Second Exploration
first half 2007 Period commenced 28 September 2004.
• Iqara has installed a further In May 2006, BG Group completed its
14 Compressed Natural Gas filling first two operated wells in BM-S-13 and
stations primarily in the states of in September 2006, BG Group entered
Rio de Janeiro and São Paulo, the third and final two year Exploration
BG Group 25 Period with a commitment to acquire
taking the total to 68
Petrobras (operator) 65 further 3D seismic.
Petrogal 10
Key dates In October 2005, BG Group´s exploration
1999 Purchased controlling stake portfolio was further extended following
in Comgas success in the 7th Annual Brazil licensing
round. Three licences were awarded in the
Bolivia-Brazil pipeline connected offshore Santos Basin (BM-S-47, BM-S-50
to São Paulo and BM-S-52) and one onshore licence was
2005 Drilling programme began in awarded in the São Francisco Basin in Minas
deep water Santos Basin Gerais State (BT-SF-2).

2006 Secured ten new exploration blocks BOLIVIA-BRAZIL PIPELINE (BTB)

in the ANP 7th licensing round now
consolidated into four new licences
Brazil is a central part of BG Group’s
South America strategy. BG Group has
a controlling stake in Comgas, which is
Brazil’s largest gas distribution company.
Comgas has over 500 000 customers in
São Paulo and increased the volume of
gas distributed in 2006 by 9.7%.
With total capacity of 30 mmcmd, the
BTB is 3 150 kilometres long, of which
2 593 kilometres is in Brazil. The project
was developed through two different
companies: Gas Transboliviano (GTB),
which owns and operates the assets in
Bolivia, and Transportadora Brasileira
Gasoduto Bolivia Brasil (TBG), which
owns and operates the Brazilian portion
of the pipeline. Operation of the two

BG Group Data Book 2007

 South America
18 Brazil continued
Effective shareholders BTB (%) pipelines is co-ordinated through an
Interconnection Agreement.
BG Group participates in TBG through
BBPP Holdings, together with El Paso and
Total. BG Group’s one-third equity in BBPP
Holdings represents a 9.67% interest in
TBG. BG Group holds a 2% interest in GTB.
Based upon the cost of the two sections
of BTB, BG Group has an effective overall
interest of 7.65%, although this does not
represent a direct equity holding, as GTB
and TBG are two separate entities.
BG Group 7.65
Construction of the pipeline was
Petrobras 40.46
completed in March 2000, at a cost of
Transredes 22.27
US$2.2 billion, opening the Brazilian
El Paso 7.65
energy market to Bolivian gas reserves.
Enron 7.42
Shell 7.42 COMGAS
Total 7.12 Summary of Comgas 2006 results:
Figures rounded to 2 decimal places and
is a result of adding GTB’s and TBG’s • 9.7% increase in the total volume of
equity positions gas sales
• 12.5% increase in industrial
segment sales
Effective shareholders Comgas (%) • 18.1% increase in gas sales to Natural
Gas Vehicle (NGV) market
• 463 kilometres of network expansion
BG Group, has a controlling interest in
Comgas, Brazil’s largest gas distribution
company. Comgas is listed on the
São Paulo stock exchange with a freefloat
of 21.80%.
Comgas was founded in 1872, and at the
end of 2006 had 4 720 kilometres of
pipelines covering 60 municipalities and
BG Group 60.04
supplied gas to 960 industrial, 8 361
Public 21.80
commercial and 508 116 residential
Shell 18.16
customers in the state of São Paulo.
Additionally, Comgas supplied 369 NGV
filling stations and 15 customers in the
thermo generation and co-generation
Comgas distributed volumes (bcma) market. Comgas has increased the
Comgas volumes have grown at a CAGR average daily volume from 3.0 mmcmd
of 11.7% between 2003 to 2006 in 1999 to 13.0 mmcmd in 2006.
5 Comgas increased its total net income by
33.9% to BRL 427.4 million in 2006 and
4 invested BRL 426.5 million.
3 BG Group and Shell have been the
majority shareholders in Comgas since
2 April 1999, when the state-owned power
generation utility, Companhia Energética
1 São Paulo, sold its controlling stake in
Comgas. Integral Investments paid
0 BRL 1 653 million (US$988 million) for
03 04 05 06 62.7% of the company, which in turn is
controlled by BG São Paulo Investments
Industrial
B.V. (96%) and Shell Gas B.V. (4%). Shell
Residential
incorporated its previously held 15.6%
Commercial
shareholding in the company into the
NGV
controlling consortium.
Co-generation
Thermal The Comgas concession is a 30 year
franchise, with a potential for a further
20 years. The concession area contains
BG Group Data Book 2007
Financial and Operating Summary
– Comgas
2006 2005 2004
Revenue
(£ million) 738.6 532.0 397.0
EBIT
(£ million) 186.2 147.0 80.0
Customers at
year end (‘000) 517 485 451
Sales volume
(mmcm) 4 773 4 346 3 418
7.7 million households and is in the
industrial heartland of Brazil, accounting
for about 25% of Brazil´s GDP. The current
business focus continues to be the
connection of higher margin commercial
and residential customers.
The concession contract requires a tariff
review every five years. The first,
concluded in May 2004, defined the
overall level and structure of tariffs for the
period June 2004 to May 2009, and allows
Comgas to make sufficient return to
support further investment and growth in
the business. Since the last tariff review
(2004), Comgas has invested more than
BRL 1 082 million.
Comgas purchases gas at prices indexed
to a basket of oil-related fuels. Brazilian
gas supplies from Petrobras of
3.0 mmcmd are contracted until
December 2007. Bolivian gas supplies
from Petrobras began in July 1999
under a 20 year contract, with volume
increasing from 4.0 mmcmd in 1999
to 8.7 mmcmd in 2006.
In addition, in December 2002, Comgas
signed an extension to the existing
agreement between BG Group and
Comgas, resulting in the purchase of up
to 0.65 mmcmd of gas until 2011, under a
firm contract. This agreement is currently
being renegotiated in order to adapt it to
the new Bolivian regulatory regime.
NEW BUSINESS
Iqara Gas Natural, launched in 2001,
provides compression services to the
rapidly growing Brazilian NGV market.
There are currently 68 Iqara Gas Natural
CNG service stations, primarily located in
the states of Rio de Janeiro and São Paulo.
BG Group continues, through Iqara Energy
Services, to expand the provision of energy
solutions (co-generation, peak shaving
electric power generation, chilling and heat
generation) tailored to clients’ specific
needs using natural gas as the primary
fuel. In the first half 2007, a total equivalent
to 48.1 MW have been signed of which
33.0 MW are under construction.
 Asia Pacific
India 19

Key to operations New information

AHMEDABAD
Gas BG Group- • 10.3 mmboe net production from the
operated block
Oil
expanded Panna/Mukta and Tapti
Gas
BG Group fields in 2006
non-operated
pipeline block
• Signed a Production Sharing Contract
VADODARA
0 100km with the Government of India for Block
KG-OSN-2004/1 in 2007
BHARUCH

ANKLESHWAR Key dates

GGCL transmission pipeline
1995 Mahanagar Gas Ltd (MGL) formed
Gujarat Gas
HAZIRA
1997 Acquired majority stake in Gujarat
SURAT
Gas Company Ltd (GGCL)
Tapti
2002 Acquired Enron Oil and Gas India
Tapti gas pipeline
Limited and thereby a 30%
participating interest in
Panna/Mukta and Tapti fields
GULF OF CAMBAY INDIA
2004 Government approval for
US$200 million Panna
Panna
Mukta development plan

MUMBAI 2005 Government approval for

ARABIAN SEA Mahanagar Gas
US$492 million mid Tapti

PACIFIC
ASIA
development plan

India 1 BG Group has emerged as a key private

sector player within the gas industry in
India, with a significant presence in the
E&P and T&D segments. BG Group is
seeking to play a greater role in India’s
1
INDIA growing natural gas sector by developing
its upstream position through licensing
rounds and acquisitions. BG Group is also
2 actively contributing to the developing
ANDHRA PRADESH
regulatory debate on the further expansion
of downstream markets and is interested
in exploring further opportunities in each
element of the gas chain.
UPSTREAM
KG-OSN-2004/1
In February 2002, BG Group completed
the US$350 million acquisition of Enron
India 2 Oil and Gas India Limited, gaining a 30%
participating interest in the Tapti gas field
and the Panna/Mukta oil and gas fields.
The transaction significantly enhanced
BG Group’s position as a leading player
India: BG Group 3 year production in the large and rapidly growing Indian
Total production mmboe (net) energy sector. In 2006, the combined
fields produced around 35.5 mmboe
(gross) – representing approximately
12 8% of India’s total production.
10.3
9.4

10 Gas production at the Panna/Mukta and

8.1

Tapti (PMT) fields has increased by around

8
40% since the acquisition in 2002.
6 BG Group is working with its partners and
the government to progress expansion
4 projects that are expected to increase
2
overall production by 60% between 2006
and 2009. The increased production will
0 be sold into the domestic market. The
04 05 06 fourth wellhead platform on the
south Tapti field came onstream in
Oil & liquids
2006 to help maintain a 250 mmscfd
Gas
production rate. The PMT partners are
working towards bringing the mid Tapti

BG Group Data Book 2007

 Asia Pacific
20 India continued
Partners Panna/Mukta and
Tapti Fields (%)
BG Group ( joint operator) 30
ONGC ( joint operator) 40
Reliance Industries
( joint operator) 30
Partners block KG-OSN-2004/1 (%)
BG Group 45
ONGC (operator) 55
field onstream during late 2007 to raise
gas production to 450 mmscfd.
The Panna infill programme which
involved drilling 26 wells, was successfully
completed in early 2006 and is expected
to increase recovery by around 50 mmbbl
and 200 bcf gas.
As a part of the first phase of the approved
Expanded Plan of Development (EPOD)
for Panna, two wellhead platforms have
been installed and development wells are
being drilled. First production from EPOD
was achieved on 6 February 2007. The
EPOD for Panna also involves the drilling
of 11 wells at a cost of US$140 million.
Implementation is expected to result in
gross incremental reserves of around
18 mmbbls oil and 74 bcf gas.
Following government approval in 2004,
the PMT partners began selling gas
directly into the domestic market, seen
as an important step forward in the
liberalisation of India’s gas supply.
BG Group was successful in the 2006
NELP VI licensing round. On 2 March 2007,
BG Group and ONGC signed a Production
BG Group Data Book 2007
Sharing Contract (PSC) with the Currently, MGL supplies natural gas to
Government of India giving BG Group more than 262 000 homes and 868 small
45% interest in exploration block KG-OSN- commercial and industrial establishments
2004/1 in the Krishna Godavari Basin. The in Mumbai.
shallow water block, which covers an area
In 2006, MGL increased gas sold to
of approximately 1 131 square kilometres,
491 mmscm, an increase of nearly 10%
is located in the Krishna Godavari Basin
on the previous year. Further expansion
off the east coast of India. ONGC holds
of the pipeline network to neighbouring
the remaining 55% interest and
towns is scheduled for completion by 2008.
operatorship of the block.
DOWNSTREAM
Gujarat Gas Company Limited (GGCL)
BG Group has a 65.12% controlling stake
in GGCL, India’s largest private natural
gas distribution company, supplying
approximately 3.5 mmscmd. GGCL
currently has more than 200 000
domestic, commercial and industrial
customers, and serves more than 48 000
Compressed Natural Gas (CNG) users. The
company has been part of the BG Group
portfolio since 1997. The remaining
34.88% is publicly owned.
In 2006, GGCL recorded another year of
substantial growth in gas sales and in the
CNG sector. During the year, more than
18 000 vehicles were converted to run on
this cleaner burning fuel and GGCL added
eight CNG stations to its network in Surat
while upgrading one existing outlet.
Sales of CNG for the year amounted to
approximately 32 million kilograms.
Industrial take-up of gas continued to be
firm with more than 120 new customers
signing up during the year. The retail
sector saw particularly strong growth,
with new contracts accounting for more
than 500 000 scmd of additional gas. This
included more than 48 MW of Combined
Heat and Power (CHP) load. Growth in
domestic demand also continued. The
volume of gas sold increased by 34%
from 811 mmscm to 1 088 mmscm.
Investment to enlarge and upgrade
GGCL’s pipeline network and
associated infrastructure continued
throughout 2006.
Mahanagar Gas Ltd (MGL)
MGL is based in India’s commercial capital,
Mumbai. It is India’s largest city gas
distribution company in terms of size
of customer base. At present, there are
127 CNG outlets, with 627 dispensing
points in Mumbai, Thane and Mira-
Bhayander. MGL owns and controls
almost 2 300 kilometres of pipeline and
is extending its network beyond Mumbai
into the neighbouring cities of Thane,
Mira-Bhayander and Navi Mumbai.
BG Group and GAIL (India) each have
a 49.75% stake in the company, with the
balance held by the Government
of Maharashtra.
Asia Pacific
China, Malaysia and Singapore 21

Key to operations China

Gas BG Group-
operated
BG Group entered China in June 2006
Oil following the signing of two PSCs with
Pipeline –
Gas pipeline proposed CNOOC (China National Offshore Oil
or under
Oil pipeline construction Corp) covering deep water Blocks 64/11
0 250km
CHINA and 53/16 and a Geophysical Survey
GUANGZHOU Agreement (GSA) for Block 41/06,
offshore China.
MACAO HONG KONG
BG Group is the operator of the blocks
and has a 100% interest during the
exploration phase. In the event of a
commercial discovery, CNOOC has the
right to take an interest of up to 51% in
the newly discovered field. Under the
YANGPU HAIKOU terms of the GSA, upon completion of the
DANZHOU
mandated work programme, BG Group
DONGFANG TERMINAL
41/06 has an exclusive option to enter into a
DONGFANG
PSC for Block 41/06.
The exploration programmes for the PSC
SANYA
53/16 blocks will be carried out in three phases
and involve the acquisition of 2D and 3D
64/11 Pearl River Mouth Basin seismic and the drilling of exploration

PACIFIC
ASIA
wells on each block. The GSA involves the
acquisition and processing of 2D seismic.
A 2D seismic programme in each of the
Qiongdongnan Basin
three blocks commenced in 2007.
The blocks, covering a total of
approximately 25 800 square kilometres,
are largely unexplored and, should
commercial discoveries be made, are well
placed to supply the high-growth markets
MALAYSIA of southern China.
KUALA

Malaysia
LUMPUR

Genting
Sanyen Power
BG Group has a downstream interest in
one of the country’s main power stations,
SINGAPORE Genting Sanyen Power, located south of
the capital, Kuala Lumpur.
BORNEO
Genting Sanyen Power
SUMATRA BG Group was co-developer of this
760 MW combined cycle gas-fired power
station and retains a 20% interest.
Mastika Lengenda (a wholly owned
subsidiary of Genting Group) owns 60%
INDONESIA and Worldwide Holdings Bhd owns 20%.
The total investment for the project was
£400 million. Located in Kuala Langat,
70 kilometres south of Kuala Lumpur,
Genting Sanyen began operations in 1996
INDIAN and has a 21 year contract to sell power to
OCEAN Tenaga Nasional Berhad, the Malaysian
national power company.
0 500km

Singapore
BG Group’s Asia Pacific headquarters are
located in Singapore, providing leadership
and expertise in the fields of legal,
finance, tax, exploration, LNG marketing
and business development in support of
projects and investments in the region.

BG Group Data Book 2007

 Asia Pacific
22 Philippines

entered full operation in August 2000.

Key to operations
The project was completed below the
Gas pipeline LUZON budgeted £556 million.
Gas
Siemens AG was the main contractor for
Oil MANILA PHILIPPINE SEA
the plant’s EPC contract and operates the
0 100km plant on behalf of FGPC. Gas and
condensate purchase agreements were
Santa Rita/San Lorenzo BATANGAS
signed in 1997 and, on 1 January 2002, the
plant switched to natural gas operations
when gas became available from the
SOUTH CHINA SEA Shell/Chevron/PNOC Malampaya field.
FGPC sells electricity to the Manila Electric
MINDORO Company (Meralco) under a power
purchase agreement (PPA) that is
effective until 2025.
MALAMPAYA FIELDS
FIRST GAS POWER CORPORATION
San Lorenzo Power Station
BG Group, in partnership with Unified
Holdings Corporation, a 100% subsidiary
of First Generation, developed, financed
PANAY and constructed the San Lorenzo power
plant. BG Group owns a 40% interest and
Unified Holdings Corporation owns the
SULU SEA
remaining 60% interest in FGP Corp, the
PALAWAN San Lorenzo project company. The San
Lorenzo plant is located adjacent to the
Santa Rita power plant and has a capacity
of approximately 500 MW. Siemens AG
operates the plant.
The construction of the project was
Shareholders Santa Rita (%) Key dates completed within the £303 million
budget. Gas and condensate purchase
1995 Signed Power Purchasing agreements were executed similar to
Agreement (PPA) with Meralco those for the Santa Rita project. San
for Santa Rita power station Lorenzo entered full commercial
1999 Signed PPA with Meralco for operation in October 2002, selling power
San Lorenzo power station to Meralco under a PPA valid until 2027.

2002 Conversion of Santa Rita to TRANSMISSION AND DISTRIBUTION

natural gas In January 2001, FGHC was granted
a 25 year franchise to install, own,
San Lorenzo completed and operate and maintain a natural gas
commercial operation commenced transmission and distribution pipeline
BG Group 40
business serving Luzon Island, including
First Generation BG Group is focused on the downstream
metropolitan Manila.
Holdings Corporation 60 sector of the gas chain, with interests in
two gas-fired power generation plants,
Santa Rita and San Lorenzo, located on
the island of Luzon, 80 kilometres south
Shareholders San Lorenzo (%) of Manila, which supply about 12% of the
electricity demand for Luzon Island,
including Manila.
FIRST GAS HOLDINGS CORPORATION
(FGHC)
Santa Rita Power Station
The Santa Rita power station is owned by
First Gas Power Corporation (FGPC), a
100% subsidiary of FGHC, in which
BG Group has a 40% interest. The
remaining 60% of FGHC is owned by First
Generation Holdings Corporation (First
BG Group 40
Generation), which is a subsidiary of First
Unified Holdings Corporation 60
Philippines Holdings Corporation (FPHC).
The Santa Rita 1 000 MW power plant

BG Group Data Book 2007

 Asia Pacific
Thailand 23

New information
• Three successful exploration wells
THAILAND drilled – Ton Chan IX, Ton Rang 2X
and Ton Chan 2X
BANGKOK
RATCHABURI Key dates
1990 Entered a Participation and
RAYONG
CAMBODIA Operating Agreement (POA)
with partners
MYANMAR 1993 Bongkot came onstream
2001 Memorandum of Understanding
Block 7 (MoU) between Thailand
Block 8 and Cambodia for a Joint
Block 9
Block 9A Development Area
BG Group’s investment in Thailand is
GULF OF
ANDAMAN SEA
KHANOM
concentrated on upstream activities,
THAILAND
including an interest in the large
offshore Bongkot field, which supplies
approximately 20% of the country’s
Key to operations Bongkot gas demand.
Gas BG Group-
operated block BONGKOT GAS FIELD

PACIFIC
ASIA
Gas
pipeline BG Group BG Group has a 22.22% interest in the
non-operated
block Bongkot field, in the Gulf of Thailand,
which came onstream in 1993. The
0 200km
field is operated by PTT Exploration
and Production (PTTEP). The current
daily contracted quantity has risen to
550 mmscfd (from an initial 150 mmscfd)
through a phased development plan.
Thailand: BG Group 3 year production Partners Bongkot (%) The Bongkot field development currently
consists of a central complex for gas
Total production mmboe (net)
gathering, processing, export and
accommodation; a floating condensate
9.8
9.4

9.3

10 storage and offloading (FSO) vessel; and

17 wellhead platforms, 13 of which are
8 remote from the central complex.

6 In October 2006, the Group drilled the

first exploration well in the Bongkot
4 concession for eight years. Ton Chan IX
encountered 143 metres of gas bearing
2 sands. This was followed by two further
BG Group 22.22
successful exploration wells, Ton Rang 2X
PTTEP (operator) 44.45
0 and Ton Chan 2X.
04 05 06 Total 33.33
Work is ongoing for additional phases
Oil & liquids of Bongkot field development, including
Gas Bongkot South, each of which are
designed to extend the life of the field
beyond the next decade.
EXPLORATION
BG Group is the operator (BG Group 50%)
of Blocks 7, 8 and 9 in the Gulf of
Thailand, in an area subject to overlapping
claims by Thailand and Cambodia.
In 2001, a MoU was signed by the
Governments of Thailand and Cambodia
aimed at concluding an agreement for
the exploration and development of
hydrocarbons in the overlapping claims
area. A Joint Technical Committee is
working to agree a mutually acceptable
basis for resolution.

BG Group Data Book 2007

 Asia Pacific
24 Oman

IRAN BG Group holds a 100% interest in, and

operatorship of, Block 60 onshore Oman,
following the signature of an Exploration
and Production Sharing Agreement (EPSA)
with the Government of the Sultanate of
Oman on 30 April 2006.
GULF OF
OMAN The block, which covers almost
UNITED 1 500 square kilometres, contains the Abu
ARAB MUSCAT
EMIRATES
Butabul gas and condensate discovery
which was made in 1998. In addition to
this discovery, there are other exploration
prospects within the block.
Following ratification of the EPSA by His
Majesty Sultan Qaboos in May 2006,
SAUDI BG Group established an office in Muscat
ARABIA Block 60
ARABIAN
SEA to both deliver the Block 60 work
programme and to act as a regional base
to assess future opportunities in Oman
and other states in the region.
Between January and August 2007,
OMAN
Key to operations BG Group acquired seismic data over
1 000 square kilometres of Block 60 as
Gas Oil pipeline
YEMEN part of the appraisal of the Abu Butabul
Oil BG Group-
operated block structure. BG Group expects to drill the
Gas pipeline
first appraisal well in fourth quarter
0 200km 2007. This will be the first of at least five
such wells.
The Block 60 project marks BG Group’s
entry into the natural gas sector in Oman,
with the intention of appraising and
Key dates commercialising potential reserves for
supply into the domestic market.
2006 Signed an Exploration and
Production Sharing Agreement
for Block 60
2007 Seismic data acquired over
1 000 square kilometres of Block 60

BG Group Data Book 2007

 Mediterranean Basin and Africa
Egypt 25

Egypt is a core part of BG Group’s global

Key to operations
portfolio and a cornerstone of its Atlantic
Gas Oil pipeline
Basin LNG strategy. BG Group is also one
MEDITERRANEAN SEA Gas BG Group- of the largest investors in Egypt’s natural
pipeline operated block
gas business.
0 100km
BG Group’s activities in Egypt span the
North Sidi Kerir Deep West Delta Deep Marine
gas chain from exploration, through
Simian Sienna
development and production, to
Solar
downstream projects in LNG. BG Group’s
Silva
Scarab Saffron
Mina-1
business in Egypt comprises:
Sapphire Serpent • operatorship of two gas-producing areas
Saurus Sienna-Up offshore the Nile Delta:
Sequoia Rashid North Ext.
Rosetta – the Rosetta Concession (BG Group
El Burg 80%, Edison 20%); and
El Manzala
– the West Delta Deep Marine
(WDDM) Concession (BG Group 50%,
DAMIETTA LNG
ALEXANDRIA
IDKU PETRONAS 50%);
Egyptian LNG
Trains 1 & 2 PORT SAID
• operatorship of three other concessions
offshore the Nile Delta:

EGYPT – El Manzala Offshore (BG Group 100%);

– El Burg Offshore (BG Group 70%,
PETRONAS 30%); and
– North Sidi Kerir Deep (BG Group 50%,
CAIRO
PETRONAS 50%);
• production of gas from the Rosetta
Concession supplying the Egyptian
domestic market at a DCQ of
Egypt: BG Group 3 year production New information 345 mmscfd;

Total production mmboe (net) • 3D seismic acquired over El Burg, • production of gas from the Scarab
El Manzala and North Sidi Kerir Saffron fields in WDDM to the Egyptian

BASIN AND AFRICA

MEDITERRANEAN
80
Deep licences domestic market with a current
62.4

maximum delivery obligation of

60
• Exploration well planned in early 2008
775 mmscfd, of which approximately
for El Manzala licence
225 mmscfd (reducing to approximately
35.2

• Divested interest in Nile Valley 150 mmscfd from 2009) is processed

40
Gas Company through Damietta LNG (Union Fenosa JV
Key dates Co SEGAS). BG Group and Scarab Saffron
14.2

20
partner PETRONAS lift the equivalent
1995 Rosetta and WDDM volume of LNG from the Damietta plant;
0 concessions awarded
• production of gas from the Simian,
04 05 06 2001 Egyptian LNG Export Agreement
Sienna and Sapphire fields in WDDM
signed
Oil & liquids supplying Egyptian LNG Train 1 at
Rosetta onstream
Gas 565 mmscfd and Egyptian LNG Train 2 at
2002 Egyptian LNG Train 1 EPC 565 mmscfd; and
and SPA signed
• major shareholdings in the Egyptian LNG
Partners Rosetta Concession (%) 2003 Scarab Saffron onstream
project (Train 1 35.5% and Train 2 38%)(i).
Egyptian LNG Train 2 EPC
and SPA signed BG Group undertakes upstream
development and production activities in
2004 Acquired additional 40% in
Egypt through joint operating companies.
Rosetta concession
In the case of Rosetta, this is the Rashid
2005 Damietta and Egyptian LNG Train 1 Petroleum Company (Rashpetco) in which
and Train 2 exports began BG Group has a 40% shareholding, and in
Simian, Sienna and Sapphire onstream the case of WDDM, this is Burullus Gas
El Burg and El Manzala Company (Burullus) in which BG Group
concessions awarded has a 25% shareholding.
2006 North Sidi Kerir Deep These operating companies are 50%
BG Group (operator) 80 concession signed owned by the Egyptian state-owned oil
Edison 20
Divested interest in Nile Valley company Egyptian General Petroleum
Gas Company Corporation (EGPC). BG Group and its

(i) A train is a processing facility that converts dry natural gas to a liquefied state by cooling the gas to minus BG Group Data Book 2007
160 degrees centigrade, allowing it to be transported by specially configured tanker ships.
 Mediterranean Basin and Africa
26 Egypt continued
Partners Rashid Petroleum Company (%) partners in each concession hold the
remaining 50%.
EXPLORATION
West Delta Deep Marine Concession
BG Group and partners have drilled 19
successful exploration and appraisal wells
in WDDM since 1997 and this has resulted
in the discovery of 11 gas fields: Scarab
Saffron; Simian; Sienna; Sapphire;
Serpent; Saurus; Sequoia; Solar; Sienna
Up; Mina and Silva.
BG Group 40 In 2006, BG Group and partner PETRONAS
EGPC 50 relinquished their exploration acreage in
Edison 10 WDDM and, in 2007, secured additional
development leases on the concession.
El Manzala Offshore and El Burg Offshore
Partners WDDM Concession (%) Concessions
In July 2005, BG Group signed El Burg and
El Manzala concession agreements for
exploration of gas and oil in the
Mediterranean Sea with the Egyptian
Natural Gas Holding Company (EGAS).
In 2006, 3D seismic was acquired on
El Manzala and exploration drilling is
planned for early 2008.
A large, shallow water 3D seismic survey
was completed on the adjacent El Burg
concession in 2006. BG Group expects to
BG Group (operator) 50
spud the first well on this block in 2008.
PETRONAS 50
North Sidi Kerir Deep Concession
The North Sidi Kerir Deep concession,
Partners Burullus Gas Company (%) signed in July 2006, covers 1 949 square
kilometres in water depths of
approximately 1 000 – 2 000 metres,
adjacent to WDDM. BG Group acquired
3D seismic in 2006 and expects to drill
the first well in 2009.
UPSTREAM DEVELOPMENT AND
PRODUCTION
Rosetta
Rosetta started production in 2001 and
supplies Egypt’s domestic network. In
2004, BG Group acquired a further 40%
BG Group 25
interest in Rosetta.
EGPC 50
PETRONAS 25 BG Group sanctioned the Rosetta Phase 3
field development plan in second quarter
2006 and expects to deliver gas from the
first project wells in late 2007.
Partners El Burg Concession (%)
Scarab Saffron
Scarab Saffron started production in 2003
and supplies gas to the domestic market
and to Damietta LNG. Currently, the
maximum delivery obligation under the
domestic GSA is 775 mmscfd.
Under an agreement signed with EGAS in
2004, gas has been de-dedicated for five
years from the domestic GSA so that,
since February 2005, approximately 225
mmscfd of this gas has been processed
BG Group (operator) 70
through the Damietta LNG plant for a
PETRONAS 30
tolling fee. This will reduce to
approximately 150 mmscfd from 2009.
BG Group Data Book 2007
BG Group and its WDDM partner
PETRONAS lift the corresponding volume
(1.4 mtpa) of LNG. BG Group lifted its first
cargo from Damietta in March 2005.
Scarab Saffron is the first deep water sub-
sea development in Egypt. These facilities
consist of eight sub-sea wells connected
to a sub-sea manifold, in turn connected
by 24-inch diameter and 36-inch diameter
pipelines to an onshore processing
terminal. Electrical and hydraulic lines
connect the wells to the onshore control
room. The fields are located
approximately 90 kilometres from the
shore and in water depths of more than
700 metres.
Simian, Sienna and Sapphire
The Simian and Sienna fields produced
first gas on 15 April 2005, for supply to
Egyptian LNG Train 1 at Idku. The Sapphire
field produced first gas on 8 September
2005, for supply to Egyptian LNG Train 2.
The Simian, Sienna and Sapphire fields
are located in WDDM approximately
120 kilometres offshore Idku, near
Alexandria, in the Mediterranean Sea. The
facilities consist of 16 sub-sea wells tied
into the existing WDDM gas gathering
network and a shallow water control
platform. The onshore processing facilities
form part of the Idku Gas Hub where the
Egyptian LNG facilities are located.
In 2002, the WDDM concession
agreement was amended to allow gas
exports from the concession. This
followed the 2001 signing of a LNG export
agreement between BG Group, its
partners and EGPC.
In second quarter 2006, BG Group
sanctioned the Phase 4 development
of WDDM and expects to deliver gas
from the project in early 2008.
DOWNSTREAM PROJECTS
Egyptian LNG
BG Group and partner supply Train 1 of
Egyptian LNG with 565 mmscfd gas and
supply Train 2 with 565 mmscfd gas from
the Simian, Sienna and Sapphire fields in
WDDM.
The 3.6 mtpa output from Train 1 has been
sold to Gaz de France under a 20 year SPA.
The first LNG cargo from Train 1 was lifted
in May 2005, some three months ahead of
schedule.
The 3.6 mtpa output of Train 2 has been
sold to BG Group under a 20 year
agreement. BG Group may deliver this
output to its capacity at Lake Charles in
the USA or divert to other markets, as part
of its flexible portfolio approach. The first
LNG cargo from Egyptian LNG Train 2 was
lifted in September 2005, some nine
months ahead of schedule.
 27

The Egyptian LNG facilities, which include Nile Valley Gas Company (NVGC) Shareholders ELNG Holding, Opco
the common facilities such as storage BG Group sold its interest in NVGC and Train 1 Co (%)
tanks, loading jetty and utilities, are on 13 November 2006.
located in their own tax free zone at Idku.
The plant produces a total of 7.2 mtpa
LNG using Phillips liquefaction
technology. The total project cost of
Trains 1 and 2 was around US$1.9 billion.
Project financing of US$949 million was
secured for Train 1 in 2004 and
US$880 million was secured for Train 2 in
2005. The latter includes US$320 million
to repay the Train 1 Company for Train 2’s
share of the common facilities. BG Group 35.5
There is sufficient space at the Idku site PETRONAS 35.5
for a further four LNG trains. The EGPC 12.0
commercial structure of Egyptian LNG has EGAS 12.0
been designed to allow future expansion Gaz de France 5.0
without the need to involve all existing
partners, and it is possible that third
parties could supply gas to future Shareholders Train 2 Co (%)
Egyptian LNG trains.
Egyptian LNG Company owns both the
Egyptian LNG site and common facilities.
Its sister company, Egyptian Operating
Company for Natural Gas Liquefaction
Projects (Opco) (BG Group 35.5%),
undertakes the operation of all trains. El
Behera Natural Gas Liquefaction Company
(Train 1 Co) (BG Group 35.5%) owns Train 1.
The ownership of further train companies
will differ, for example, Idku Natural Gas
Liquefaction Company (Train 2 Co) BG Group 38
(BG Group 38%) has a different ownership PETRONAS 38
EGPC 12

BASIN AND AFRICA

MEDITERRANEAN
structure from Train 1 Co.
EGAS 12

Simian, Sienna and Sapphire: integrated upstream and downstream

GAS SUPPLY LIQUEFACTION OUTPUT LNG PURCHASE

565 mmscfd – Simian and Sienna

Train 1 – 3.6 mtpa
Tolling plant
Start date 2005

BG Group 35.5%
Gas LNG
PETRONAS 35.5%
EGPC 12%
EGAS 12%
Gaz de France 5%
BG Group 50% Gaz de France 100%

565 mmscfd – Sapphire

Train 2 – 3.6 mtpa
Start date 2005

Tolling plant
Gas BG Group 38% LNG
PETRONAS 38%
EGPC 12%
EGAS 12%
BG Group 50% BG Group 100%

UPSTREAM LIQUEFACTION OUTPUT DOWNSTREAM

BG Group Data Book 2007

 Mediterranean Basin and Africa
28 Israel and areas of Palestinian Authority
Key to operations
BG Group-operated block
Gas
0 50km
MEDITERRANEAN SEA
Offshore Gaza
Gaza Marine
EGYPT
BG Group Data Book 2007
BG Group has been active in Israel and
areas of Palestinian Authority since 1996,
with current activities focused upon the
LEBANON
successful commercialisation of its
offshore gas discoveries.
ISRAEL
Med Yavne lease
BG Group is operator of the Med Yavne
lease, which was reduced to an area of
52.3 square kilometres around the Or
gas discovery made in 1999.
AREAS OF PALESTINIAN AUTHORITY
Offshore Gaza
BG Group is operator of an exploration
licence covering the entire marine area
offshore the Gaza Strip. Following
Or acquisition of over 1 000 square
ISRAEL kilometres of 3D seismic data, BG Group
Med Yavne drilled two successful wells in second half
2000 (Gaza Marine-1 and Gaza Marine-2).
Reserves are estimated to be around 1 tcf.
In 2001, a technical review recommended
GAZA a sub-sea development and pipeline to an
onshore processing terminal. In 2002, an
outline Development Plan was approved
by the Palestinian Authority.
During late 2002, BG Group acquired an
additional 925 kilometres of 2D seismic
data over the area between the existing
discoveries and the shore. BG Group holds
90% equity in the licence, which would be
Key dates reduced to 60% if the Consolidated
Contractors Company (its current 10%
1999 Acquired Med licences and Offshore
partner in the licence) and the Palestine
Gaza licence
Investment Fund, exercise their options
Or gas discovery at development sanction.
2000 3D seismic data shot over Offshore The Group is evaluating options for
Gaza and Med licences commercialising the gas. As Israel’s need
for gas grows, negotiations are ongoing
Gaza Marine gas discovery with the Government of Israel to deliver
2002 Additional 2D seismic shot over the gas into the Israeli domestic market.
Offshore Gaza licence BG Group also continues to review the
option of an additional train at Egyptian
2005 Relinquished Gal licences LNG, potentially combining Gaza gas with
other supply options.
Mediterranean Basin and Africa
Algeria, Libya and Madagascar 29

ALGERIA
ALGIERS
BG Group entered Algeria through an
agreement with Gulf Keystone in June
2006 to acquire an interest in the Hassi
Ba Hamou PSC. Following completion of
the transaction in December 2006,
BG Group has a 36.75% interest in, and is
TUNISIA operator of, the block. Gulf Keystone has
a 38.25% interest and the state oil and gas
company, Sonatrach, has a 25% interest.
MOROCCO The Hassi Ba Hamou Perimeter, in central
Hassi Ba Hamou Algeria, consists of the Hassi Ba Hamou
gas discovery and five blocks (317b, 322b3,
347b, 348 and 349b), covering
Key to operations approximately 18 380 square kilometres.
LIBYA
Acquisition of 2D and 3D seismic began in
Gas Oil pipeline
ALGERIA early 2007 and six wells are expected to
Oil BG Group-
operated block
be drilled prior to the expiry of the initial
Gas pipeline prospecting phase in September 2008.
0 400km
BG Group also signed a MoU with
Sonatrach in March 2006, which provides
a non-exclusive framework for discussions
Key to operations targeting the joint development of
Gas Oil pipeline integrated gas chain projects.
Oil BG Group-
operated block LIBYA
TUNISIA TRIPOLI Gas and Oil/
Condensate BG Group
In October 2005, BG Group was successful
Gas pipeline
non-operated in Libya’s second licensing round,
block
acquiring a mix of largely unexplored
0 100km
acreage in both an established basin and
a frontier area.
EGYPT
BG Group was awarded a 100% interest in,
and operatorship of, Area 123 (Blocks 1 and
2) covering 4 900 square kilometres in

BASIN AND AFRICA

MEDITERRANEAN
Libya’s prolific onshore Sirt Basin. 3D
LIBYA Area 123
Block 2
seismic operations commenced in first
quarter 2007 and BG Group expects to
Area 123 drill its first well in 2008.
Block 1
BG Group was awarded a 50% non-
Area 171 operated interest in Area 171, containing
Blocks 1,2,3,4 Blocks 1, 2, 3 and 4, covering 11 300 square
ALGERIA kilometres onshore in the frontier Kufra
Basin. 2D seismic operations commenced
in first quarter 2007 and the first well is
TANZANIA expected to spud in 2008.
SEYCHELLES In May 2007, a Joint Announcement of
Co-operation was signed between the
NOC and BG Group, to study optimum
Majunga Offshore Profond solutions for supplying natural gas to
both domestic and export markets.
MADAGASCAR
In June 2006, BG Group acquired a 30%
interest in the Majunga Offshore Profond
MOZAMBIQUE
MADAGASCAR exploration block in Madagascar under
a farm-in agreement with Vanco.
ANTANANARIVO BG Group’s partners are ExxonMobil
Key to operations (operator, 50%), SK Energy (10%) and
Gas pipeline
PVEP Corp (10%).
Oil pipeline The block covers around 15 160 square
BG Group kilometres in deep water (200-3 000
non-operated block
metres) off north-west Madagascar.
0 100km Believed to be oil prone, it forms part of
a largely unexplored frontier basin that
is believed to have significant potential.
BG Group Data Book 2007
 Mediterranean Basin and Africa
30 Nigeria

Nigerian licensing round. The licence is

IBADAN
ABEOKUTA AKURE
PORTO
NOVO
NIGERIA
BENIN
LAGOS
OKLNG CITY
OPL 332
PORT
ESCRAVOS HARCOURT
CALABAR
NLNG
OPL 286-DO
BRASS LNG
LUBA
Key to operations
Gas Oil pipeline
Oil BG Group-
operated block
Gas pipeline
0 100km
New information BG Group commenced business
development activities in Nigeria in
• Signed PSC and associated Downstream
mid-2004. Nigeria offers the potential
MoU for OPL 286-DO
of an excellent strategic fit with
• Seismic acquisition completed on BG Group’s gas chain capability and
Block OPL 332 Atlantic Basin position in light of its
hydrocarbon potential.
• Olokola LNG (OKLNG) Shareholders
Agreement (SHA) and Free Trade Zone UPSTREAM
agreement signed In January 2006, BG Group signed a PSC
for Block OPL 332 with the Nigerian
• SPA signed with Nigeria LNG Train 7
National Petroleum Corporation (NNPC),
for 2.25 mtpa LNG for 20 years
which resulted in BG Group acquiring a
45% interest in, and operatorship of, the
Key dates deep water block. The PSC followed a
2006 PSC signed for OPL 332 in January farm-in agreement with Sahara Energy
E&P Limited, which now retains a 35%
Contracted LNG deliveries from
interest. Other partners with an interest
Nigeria LNG (NLNG) Trains 4/5 began
in the Block are the Nigeria Petroleum
MoU to buy LNG from Brass LNG Development Company with 10% and
signed in January Seven Energy Nigeria Limited with 10%.
OKLNG Joint Venture PDA signed OPL 332 is located in up to 1 000 metres of
in February water, approximately 100 kilometres
south-east of Lagos. The first phase of the
Awarded licence OPL 286-DO
two-part work programme on OPL 332
following the licensing round in May
began in 2006. Acquisition of 3D seismic
2007 Sale and Purchase agreement on the Block was completed in January
signed for NLNG Train 7 2007 and the drilling of an exploration
well is targeted for 2008/09.
PSC and associated Downstream
MoU signed for OPL 286-DO In March 2007, BG Group signed a PSC
and associated downstream MoU for
OKLNG SHA signed
Block OPL 286-DO with NNPC. BG Group,
together with Sahara, was awarded
licence OPL 286-DO in the May 2006
located in deep water (200 – 1 000
metres) close to the giant Bonga field,
offshore the western Niger Delta,
approximately 250 kilometres south-east
of Lagos. BG Group is the operator with
a 66% interest, along with partners
Sahara (24%) and Equinox (10%). The
block contains an existing discovery,
Boi. Exploration and appraisal drilling is
targeted for 2008/09.
BG Group continues to evaluate further
upstream opportunities in Nigeria.
LNG
BG Group and its partners are developing
a liquefaction plant at Olokola (OKLNG) on
the south-western coast of Nigeria. In
March 2007, the partners signed the
Shareholders’ Agreement (SHA) which
replaces the previous Project
Development Agreement. The SHA
signed between NNPC, Shell, Chevron
and BG Group, which includes the
development of the launch project and
any future expansions, sets out the
governance within the project company
and shareholders’ rights to supply gas and
offtake LNG.
In April 2007, a groundbreaking ceremony
lead by the President of Nigeria took place
at the site in Ogun State at which the Free
Trade Zone agreement was signed. The
proposed project will comprise four LNG
trains of approximately 5.5 mtpa each,
with development envisaged in two
phases each of 11 mtpa capacity. BG Group
has a 13.5% share in the project. All
shareholders will have the right to lift
their equity share of LNG.
In February 2007, BG Group signed
a SPA with Nigeria LNG (NLNG) for
the acquisition of 2.25 mtpa of LNG
for a 20 year term that will be produced
by NLNG’s proposed Train 7 project in
Finima, Bonny Island. First deliveries to
Lake Charles in the USA are expected to
commence in 2012.
In 2006, BG Group announced a MoU
with Brass LNG for the acquisition of LNG.
Volumes are expected to be 1.67 mtpa
LNG. The proposed agreement will be for
a 20 year term, with initial deliveries
expected to commence during 2011. These
purchases complement the earlier signing
of a 20 year SPA for 2.3 mtpa LNG from
Nigeria LNG Trains 4 and 5 located on
Bonny Island. Deliveries under this
agreement commenced in January 2006.

BG Group Data Book 2007

 Mediterranean Basin and Africa
Tunisia 31

MISKAR GAS FIELD

Key to operations
BG Group produced around 12.4 mmboe
Gas Oil pipeline
net of gas from its Miskar field during
Oil BG Group-
BIZERTE 2006, including fuel gas and condensate.
operated block
Gas pipeline Production from this concession
0 100km commenced in 1996. Gas from the field
is processed at the BG Group Hannibal
TUNIS
plant, 21 kilometres south of Sfax, and
sold into the Tunisian gas system.
BG Group has a Miskar gas sales contract
TUNISIA with the Tunisian state electricity and
gas company, Société Tunisienne de
SOUSSE l’Electricité et du Gaz (STEG), which gives
BG Group the right to supply up to
230 mmscfd on a long-term basis.
Offshore compression was commissioned
in 2005 to maintain the production
MEDITERRANEAN SEA
ME plateau of the field.

SFAX MISKAR INFILL WELLS

Hannibal Amilcar BG Group is in the process of drilling six
Miskar wells as part of the Miskar infill drilling
LA SKHIRA
campaign. The wells will be drilled in
Hasdrubal phases, with two wells expected to be
GULF OF GABES
completed in each of 2007, 2008 and
Ulysse A
2009. These wells will further extend the
Ulysse B field production plateau. Related projects
are underway to upgrade the production
facilities to process varying compositions
of gas and to de-bottleneck the facilities.
CONDENSATE PIPELINE
A 60 kilometre condensate pipeline is
Tunisia: BG Group 3 year production New information planned to be commissioned in third
quarter 2007. This will improve safety
Total production mmboe (net) • Hasdrubal construction commenced by removing the need to transport
in January 2007

BASIN AND AFRICA

MEDITERRANEAN
condensate by road.
15
Key dates HASDRUBAL DEVELOPMENT
12.5

12.4
12.3

BG Group drilled its first appraisal well,

12 1989 Acquired Tenneco assets
1996 Miskar field first production
9
2006 Hasdrubal development
6
plan approved
3 BG Group is the largest producer of gas in
Tunisia, supplying approximately 50% of
0 the domestic gas demand from the
04 05 06 Miskar field. In addition, BG Group holds
two exploration permits in the Gulf of
Oil & liquids
Gabes with a combined surface area of
Gas
4 088 square kilometres.
AMILCAR PERMIT
BG Group is operator and joint permit
holder with Entreprise Tunisienne
d’Activités Pétrolières (ETAP), the Tunisian
state-owned company, of the Amilcar
exploration permit, offshore Sfax in the
Gulf of Gabes. In 2006, BG Group was
granted a new extension to this permit,
which now expires in December 2009.
BG Group plans to drill two additional wells
in 2007/2008 to further prove reserves in
the Amilcar permit. Within this permit are
the Miskar concession (BG Group 100%)
and the Hasdrubal concession (BG Group
50% and operator, ETAP 50%).
Hasdrubal-3, in 1997. A further appraisal
well, Hasdrubal-4, was drilled in 1998.
During 2002, BG Group drilled a further
appraisal well, Hasdrubal-SW1, which
tested light oil and confirmed the
extension of the Hasdrubal field to the
south-west.
The Hasdrubal development plan was
approved by the Tunisian government in
June 2006. All major contracts have now
been awarded and construction continues.
First gas from this joint project (BG Group
50%, ETAP 50%) is planned for first half
2009. Hasdrubal is a US$1.2 billion project
and once production commences,
BG Group will be the largest producer
of gas, LPG and liquids in Tunisia.
ULYSSE PERMIT
BG Group is operator and joint permit
holder (with ETAP) of the Ulysse exploration
permit, offshore Sfax in the Gulf of Gabes.
BG Group acquired an extension of
approximately 900 square kilometres
to the Ulysse permit in 2004. Two wells
are required to be drilled by 2008.

BG Group Data Book 2007

 North America and the Caribbean and Global LNG
32 Canada and Alaska

EL 444 Canada
EL 429/445 EL 432
BG Group’s Canadian exploration activities
are focused in Alberta and British Columbia.
BG Canada currently holds 75 253 net
hectares in the Foothills and Deep West
area of the Western Canadian Sedimentary
NORTHWEST Basin. Exploration activities are focused in
the northern and central Foothills and the
YUKON TERRITORIES Wild River Basin. BG Canada also holds
TERRITORY interests in 319 487 net hectares in the
Northwest territories.
In May 2005, BG Group acquired two
Northern
Foothills licences (EL 429 and EL 432) in the Colville
ALBERTA Lake area of the Mackenzie Valley,
BRITISH Northwest Territories, about 700 miles
COLUMBIA northwest of Yellowknife. BG Group has
a 75% interest and is operator. BG Canada
FORT ST JOHN
is preparing to acquire a 200 kilometre
Central heliportable seismic programme in this
Foothills
Key to operations area over summer 2007.
Deep West
Gas BG Group- In September 2005, BG Group acquired
operated block
Oil a 100% interest in a 1 280 hectare licence
Gas
BG Group and a 50% interest in a 768 hectare licence
non-operated
pipeline block CALGARY in the Waterton area of southeast Alberta.
Oil pipeline In January 2006, BG Group acquired a
0 500km VANCOUVER Waterton 100% interest in a 18 000 hectare licence
USA in the Robb Lake area of northeast
British Columbia.

ARCTIC Key to operations In May 2007, BG Group acquired two further

OCEAN PRUDHOE BAY BEAUFORT SEA
Gas BG Group-
licences, EL 444 (BG Group 100%) and EL445
ENS Contract Area
operated block (BG Group 75% and operator) in the Colville
Oil
Foothills Contract Area
BG Group Lake area of the Northwest Territories.
Gas non-operated
CANADA pipeline block On April 2 2007, BG Group sold its assets in
Oil pipeline the Bubbles, Ojay and Copton/Lynx areas
ALASKA 0 500km of the Western Canadian Sedimentary
TransAlaska Pipeline
Basin to Progress Energy Limited for
C$516 million. The Group’s 50% interest
in the producing asset in southwest
Alberta, Waterton, was retained.

ANCHORAGE Alaska
In January 2006, BG Group signed a
Participation Agreement for a 33.33%
interest in 2.1 million acres in the Foothills
area of the Alaskan North Slope. Equal
Canada: BG Group 3 year production New information partners are Anardarko (operator) and
Petro-Canada.
Total production mmboe (net) • Sold Bubbles, Ojay and Copton/Lynx
assets in Canada for C$516 million Alaska’s North Slope has estimated
discovered reserves in excess of 17 billion
3.5
3.3

3.5 • Acquired further acreage in the barrels of oil and 35 tcf of gas. In April 2006,
2.8

3.0 Northwest Territories BG Group signed a further Exploration

Agreement to acquire a 40% interest in
2.5
Key dates 208 000 acres of land along Alaska’s
2.0 eastern North Slope (ENS). Partners are
2005 Awarded acreage in the Anardarko with 50% (operator) and Arctic
1.5 Northwest Territories Slope Regional Corporation with 10%. The
1.0 2006 Entry into Alaska via acreage in acreage is located on the coastal plain near
eastern North Slope and foothills the Prudhoe Bay field, which has produced
0.5
of North Slope over 10 billion barrels of oil.
0
04 05 06 As of July 2007, BG Alaska has interests
in over 3.1 million acres in the ENS and
Oil & liquids foothills of North Slope.
Gas
Drilling or seismic activities are now being
carried out in both of these areas.
BG Group Data Book 2007
 North America and the Caribbean and Global LNG
Trinidad and Tobago 33

BG Group has been operating in Trinidad

Key to operations
and Tobago since 1989, and continues to
Gas Gas pipeline
reinforce its position as a major gas player
Oil BG Group- in the country. BG Group currently
operated block
supplies gas to the domestic market and
0 100km
to Atlantic LNG primarily for export to
ATLANTIC OCEAN North America. In May 2007, BG Group
signed an agreement to supply 220
TOBAGO mmscfd of natural gas to the Trinidad
Poinsettia and Tobago NGC for up to 15 years. In
Chaconia March 2007, BG Group also signed a
Hibiscus NCMA Unit Area
Memorandum of Understanding with the
Ixora
CARIBBEAN SEA Government of Trinidad and Tobago to
study the feasibility of LNG expansion in
Petrotrin Refinery Pointe-a-Pierre the country.
PORT OF SPAIN ECMA
EAST COAST MARINE AREA (ECMA)
TRINIDAD
D Block E
Starfish
The BG Group-operated Dolphin gas field,
GULF OFF Block 5(a)
PARIA PHOENIX PARK located 83 kilometres off the east coast
Central Block Dolphin Deep
Atlantic LNG
of Trinidad in Block 6(b), commenced
Dolphin
POINT production in March 1996. The Dolphin
FORTIN Block 6(b)
BEACHFIELD
field is contracted to supply 275 mmscfd
gas to NGC under a 20 year supply
contract. The ECMA also supplies
Loran/
Manatee 100 mmscfd to Atlantic Train 3 and
Block 6(d) 120 mmscfd to Atlantic Train 4. The
gas is produced under a Combined
VENEZUELA Development Plan for the fields in Blocks
5(a), 6 and E fields. Reserves from the
Dolphin Deep field are being produced
through upgraded facilities on the
Dolphin platform and a new gas receiving
facility at Beachfield. The two Dolphin
Trinidad and Tobago: New information Deep wells were the first sub-sea
BG Group 3 year production completions in Trinidad and Tobago,
• Successful Baraka East-1 exploration well
Total production mmboe (net)
and came onstream in July 2006.
drilled in Central Block
ECMA gas is being delivered to Atlantic
• Agreement signed for 220 mmscfd
LNG via two new pipelines – a new
22.6

25 supply to National Gas Company (NGC)

95 kilometre 24-inch diameter offshore
in May 2007
19.1

18.0

20 pipeline bringing ECMA gas from the

Dolphin platform to shore at Beachfield,
Key dates
15 and NGC’s new 76 kilometre 56-inch
1996 First Dolphin production diameter onshore Cross Island Pipeline
10 (CIP) extending from Beachfield to
1999 Atlantic LNG Train 1
Atlantic LNG at Point Fortin.
became operational
5
Plans are now in place for further
2001 Hibiscus platform installed
development of the Dolphin field to
AND THE CARIBBEAN
NORTH AMERICA
0
04 05 06 2002 Atlantic LNG Train 2 start-up enable delivery of the 220 mmscfd of
new supply covered under the recent
2003 Atlantic LNG Train 3 start-up
Oil & liquids agreement with NGC.
Gas 2004 Acquisition of Central Block
In January 2005, BG Group and partner
2005 Manatee-1 discovery Chevron completed the Manatee-1 well
in Block 6(d) in the ECMA, which
Atlantic LNG Train 4 start-up
indicated gross reserves of between
2006 Dolphin Deep onstream 1.3 and 1.6 tcf. This was a significant
gas discovery and demonstrated the
extension of the Loran field from
Venezuela into Block 6(d) in Trinidad and
Tobago. In March 2007 the Governments
of Venezuela and Trinidad and Tobago
signed a Framework Unitisation Treaty
for cross-border developments.
BG Group and Chevron are evaluating
future exploration drilling plans in their
ECMA acreage which is held under
several PSCs.

BG Group Data Book 2007

 North America and the Caribbean and Global LNG
34 Trinidad and Tobago continued
Partners Dolphin, Dolphin Deep
and Starfish – ECMA (%)
BG Group (operator)
Chevron
Partners Hibiscus – NCMA (%)
BG Group (operator) 45.88
Petrotrin 19.50
Eni 17.31
PetroCanada 17.31
Partners Central Block (%)
BG Group (operator)
Petrotrin
BG Group Data Book 2007
NORTH COAST MARINE AREA (NCMA)
The BG Group-operated NCMA
development, located 40 kilometres off
the north coast of Trinidad, includes four
gas fields: Hibiscus, Poinsettia, Chaconia
and Ixora. In April 2000, a Unitisation
Agreement was signed, and in December
2000 the Government of Trinidad and
Tobago approved the development of the
first three fields. These fields are being
developed in up to four phases to supply
gas to Atlantic LNG Trains 2, 3 and 4.
The Hibiscus platform was successfully
50 installed in 2001, in a water depth of
50 150 metres, together with a 107 kilometre
24-inch diameter pipeline from NCMA
to Atlantic LNG at Point Fortin.
Debottlenecking in 2003 increased
capacity of the pipeline to 30% above
the original design.
The Ixora prospect was drilled and
successfully completed in 2003 as part
of drilling operations on the Hibiscus
and Chaconia fields.
The H-4 well was drilled and completed as
the first sub-sea well on the north coast
of Trinidad and was successfully brought
on production in September 2006. Three
additional infill sub-sea wells were drilled
and successfully brought on production
during December 2006 and January 2007
in Chaconia and Eastern Hibiscus as part
of Phase 3b of the NCMA development.
The next phase of activity in the NCMA
includes the development of the
Poinsettia field as part of Phase 3c, which
includes building a new platform, drilling
four wells from the platform and one sub-
sea well. This is expected to be onstream
at the end of 2008. A new 20-inch pipeline
will connect the new platform to the
existing Hibiscus Platform some 20
kilometres away.
Deeper gas accumulations beneath the
Poinsettia field were discovered by the
Poinsettia-1a well in 2004. These discoveries
are under evaluation and may require
further appraisal prior to their inclusion in
the NCMA development programme.
65
35 In 2002, BG Group and its partners
announced first gas production from the
NCMA Hibiscus field into the newly
commissioned Atlantic Train 2. NCMA is
contracted to supply 240 mmscfd gas to
Train 2 for up to 20 years, in addition to
125 mmscfd to Train 3 for the first two
years, reducing thereafter to 45 mmscfd.
Production into Train 3 started in 2003
and NCMA has consistently produced at
rates 12% above the original DCQ for both
Atlantic LNG Trains 2 and 3. NCMA started
to supply gas to Atlantic LNG Train 4 in
December 2005. The Train 4 supply
contract is for approximately 80 mmscfd.
CENTRAL BLOCK
BG Group holds a 65% interest and
operatorship of this 111 square kilometre
block. State-owned company Petrotrin
holds the remaining 35% under an
Exploration and Production Licence,
which was renegotiated and signed in
September 2006. The discoveries in the
block include the currently producing
Carapal Ridge field, as well as Baraka
and Corosan.
BG Group currently supplies 20 mmscfd
gas and 500 bopd condensate to Petrotrin,
for use in its refinery at Pointe-a-Pierre.
Gas is transported via a 12 kilometre,
10-inch diameter pipeline that connects to
the NGC network. Onshore and close to
the Cross Island Pipeline, Central Block
also presents a relatively low cost
opportunity for supply to Atlantic LNG.
A new gas plant with a capacity of 65
mmscfd is being constructed near the
existing production site at Carapal
Ridge. This increased capacity is expected
to supply up to 45 mmscfd for BG Group’s
capacity in Atlantic LNG Train 4 from
September 2007.
At the end of 2006, the Baraka East-1
exploration well indicated a rich gas with
a high condensate to gas ratio of 60 to 1,
significantly higher than the Carapal
producing field. A new 3D seismic
programme will be carried out in 2007,
to be followed by exploration drilling.
ATLANTIC LNG
The Atlantic LNG Company of Trinidad
and Tobago, in which BG Group is a
shareholder, constructed a US$1 billion
LNG plant at Point Fortin, south-west
Trinidad which began operating in 1999.
This first train produces 3.1 mtpa LNG
which is sold to markets in the north-east
United States, Puerto Rico and Spain.
Train 2 commenced production in 2002
and Train 3 in 2003, with the additional
two trains producing on average a total
of 7 mtpa. Combined construction costs
for Train 2/3 was US$1.1 billion.
With the completion of the 5.2 mtpa
Train 4 in December 2005, the total LNG
production capacity of Atlantic LNG is
more than 15 mtpa. Train 4 is one of the
world’s largest liquefaction facilities,
with 800 mmscfd gas supply of which
BG Group and upstream partners supply
28.89%. The gross cost of Train 4 was
US$1.2 billion.
The LNG produced from gas supplied
to Trains 2 and 3 by BG Group and its
partners is sold to BG Gas Marketing
(BGGM), a wholly owned BG Group
subsidiary, following contract assignment
by El Paso Merchant Energy under
 35

NCMA, ECMA, Central Block and Atlantic LNG: integrated upstream and downstream

GAS SUPPLY LIQUEFACTION OUTPUT LNG PURCHASE

c520 mmscfd (non-BG supply)

Start date 1999

Train 1 – 3.1 mtpa

Gas Merchant plant LNG
BG Group 26%
Suez 60%
Gas Natural 40%

c560 mmscfd
Start date 2002

Train 2 – 3.4 mtpa

Gas Tolling plant LNG
BG Group 32.5%
BG Group and BG Group 50%
upstream partners 50% BP 50%

c560 mmscfd
Start date 2003

Train 3 – 3.4 mtpa

Gas Tolling plant LNG
BG Group 32.5%
BG Group and BG Group 25%
upstream partners 25% BP 75%

c800 mmscfd
Train 4 – 5.2 mtpa
Start date 2006

Gas Tolling plant LNG

BG Group 28.9%
BG Group and BG Group 28.89%
upstream partners 28.9% Other Train 4 partners
off-take equity entitlement 71.11%

UPSTREAM LIQUEFACTION OUTPUT DOWNSTREAM

a long-term contract for import into Shareholders Atlantic LNG Train 1 (%) Shareholders Atlantic LNG
the Elba Island LNG receiving terminal Trains 2 and 3 (%)
in Georgia, USA.
LNG produced from the BG Group
liquefaction capacity in Train 4 is sold
free on board (FOB) under a long-term
contract to BGGM for potential delivery
into the US market via the Lake Charles
import terminal in Louisiana. BG LNG
Services (BGLS), a wholly owned subsidiary
of BG Group, has an agreement to utilise
100% of the available capacity at Lake
Charles (see page 36). BG Group 26
BP 34 BG Group 32.5
Atlantic Trains 2, 3 and 4 represent fully Repsol 20 BP 42.5
integrated projects for BG Group, Suez 10 Repsol 25.0
AND THE CARIBBEAN
NORTH AMERICA
involving the production and liquefaction NGC 10
of gas in Trinidad and Tobago, the
shipping of LNG to the USA and the
subsequent regasification for onward sale Shareholders Atlantic LNG Train 4 (%)
into the US market.

BG Group 28.89
BP 37.78
Repsol 22.22
NGC 11.11

BG Group Data Book 2007

 North America and the Caribbean and Global LNG
36 United States of America

New information
CANADA • A 20 year Sale and Purchase Agreement
signed for 2.25 mtpa from Nigeria
Lake Road
LNG Train 7
• First cargoes lifted under Equatorial
BOSTON
Masspower Guinea LNG contract
Dighton
• Cypress pipeline in service giving
Providence direct access from Elba Island to
Proposed regas facility the Florida market
WASHINGTON D.C.
• Gas-fired power generation
plants acquired
USA Key dates
Elba Island
2002 22 year lease for Lake
Charles capacity
2003 Secured access to Elba
Lake Charles Island terminal
JACKSONVILLE
2006 Two expansions of Lake Charles
HOUSTON increase capacity to 13.4 mtpa,
resulting in 5 year extension to
the lease
GULF OF MEXICO
Dighton generation facility acquired
0 1 000km 2007 Lake Road and Masspower
generation facilities acquired
The US gas market is becoming
increasingly dependent on LNG imports to
fill the growing gap between demand and
LNG: Long-term firm supply(a) local (US and Canadian) supply. BG Group
is the leading LNG importer in the USA
Firm Commercial with supply from both equity and third
supply start-up Years Shipping
party projects. In 2006, BG Group was
Atlantic LNG Train 2/3 2.1 2003 20 FOB responsible for approximately 50% of US
Nigeria LNG Train 4/5 2.3 2006 20 CIF LNG imports.
Egyptian LNG Train 2 3.5 2006 20 FOB BG Group, through its subsidiary
Atlantic LNG Train 4 1.5 2006 20 FOB companies has established this leading
Equatorial Guinea LNG 3.3 2007 17 FOB position through a combination of its
capacity at the Lake Charles and Elba Island
Nigeria LNG Train 7(b) 2.3 2012 20 CIF
LNG receiving terminals, a portfolio of LNG
(a) Assumes volumes delivered into US East Coast supply contracts, its gas marketing
(b) First delivery expected
capability and its access to shipping.
BG Group is in a strong position to build on
both its supply and marketing positions in
the USA through expansion of existing
facilities and the pursuit of new projects.
With the acquisition of the Dighton
power plant in September 2006,
BG Group initiated expansion into the
US merchant power business as a
complement to its existing natural gas
business. With the acquisition of two
additional facilities, Lake Road and
Masspower in early 2007, the generation
portfolio includes average capacity of
1 214 MW .
LAKE CHARLES
In 2001, BG LNG Services (BGLS), a wholly-
owned BG Group subsidiary, signed a 22
year LNG Terminalling Service Agreement
to utilise the available capacity of the
LNG import facility at Lake Charles,
Louisiana, USA.

BG Group Data Book 2007


The Agreement became effective in
January 2002 and was extended in
January 2004 to cover 100% of the
terminal capacity for the term of the
Agreement. The terminal has access to
15 major intrastate and interstate natural
gas pipelines through the Trunkline Gas
Pipeline system.
In 2002, the terminal had the capability
to deliver an average daily send-out of
630 mmscfd gas on a sustainable basis
and 1 bcfd on a peaking basis. The Lake
Charles facility has undergone two
expansions to increase sustainable
baseload capacity to 1.8 bcfd (with
peak capacity of 2.1 bcfd), completed
in July 2006, and added a second
unloading berth. All of the capacity of
the expansions is committed to BGLS.
BGLS entered into a long-term agreement
with Trunkline Gas Company for pipeline
capacity sufficient to meet its increasing
throughput capability at Lake Charles
from 1 April 2004 onwards. The
agreement provides for the addition
of new pipeline facilities and upgrades
of existing facilities. The installation of
the upgrades in July 2005 allows BGLS
increased access to the US pipeline
grid, providing enhanced access to
diverse and deep markets.
In March 2006, BGLS signed an agreement
with Trunkline LNG, the owner of the Lake
Charles terminal, for upgrades to the
facility including an ambient air
vaporisation system and a natural gas
liquids extraction plant to remove higher
Btu products such as ethane and propane
from the LNG. The new system will reduce
fuel gas consumption, thus enhancing
margins, reduce emissions, and provide an
additional revenue stream from NGL sales
expected to start in third quarter 2008.
As part of the agreement, Trunkline has
also extended BGLS’s rights as the sole
capacity holder by five years until 2028.
ELBA ISLAND
Beginning in 2004, BGLS established itself
as the new marketer of regasified LNG at
Elba Island in Georgia after taking over
contracted capacity and long-term LNG
supply from El Paso in late 2003.
Additionally, BGLS entered into a long-
term transportation arrangement with
Southern Natural Gas to construct the
Cypress pipeline expansion of the
Southern Natural Gas Pipeline running
from Elba Island to Jacksonville, Florida.
This pipeline extension is now in service,
debottlenecking BGLS’ access to the
Southern Natural Gas Pipeline and
connecting Elba Island to growing local
markets in Georgia and Florida.
In 2005, Southern Natural Gas, the
terminal owner, announced it will expand
37
the total terminal capacity to just over
2 bcfd, of which BG Group currently has
0.57 bcfd. BGLS agreed with Southern
Natural Gas that it will, by the start
of 2014, increase its share of capacity
to 1.17 bcfd.
PROVIDENCE
In a joint initiative with KeySpan
Corporation, the largest natural gas
distributor in northeast USA, BGLS had
proposed an upgrade of KeySpan’s existing
LNG storage peak-shaving facility in
Providence, Rhode Island, to allow marine
deliveries. In July 2005, FERC issued an
order denying authorisation of the project’s
certificate under Section 3 of the Natural
Gas Act, citing concerns regarding the
existing LNG tank (built in 1974) and its
non-compliance with current federal safety
standards for new construction. BG Group
and KeySpan continue to review the options
relating to this business opportunity.
LNG SUPPLY
BG Group is pursuing a number of
options to create a diversified supply
portfolio for its LNG regasification
capacity. These options include buying
LNG from third parties as well as from
BG Group equity LNG liquefaction
projects. The portfolio has a variety of
contract periods and comprises a mixture
of free on board (FOB), where the buyer
arranges carriage, and carriage, insurance
and freight (CIF) deals.
Details on BG Group’s long-term firm
supply can be found in the table on page 36.
BG Gas Marketing (BGGM) also has a
contract with Egyptian General Petroleum
Corporation (EGPC), Egyptian Natural Gas
Holding Company (EGAS) and PETRONAS
for the export of natural gas via the
SEGAS LNG plant located in Damietta,
Egypt. The agreement allows BG Group
and its Egyptian LNG partners to toll
approximately 225 mmscfd gas through
AND THE CARIBBEAN
NORTH AMERICA
the plant for five years. BG Group lifted its
first cargo in March 2005.
BG Group is participating in a joint project
to develop a liquefaction plant in Olokola
(OKLNG) on the south-western coast of
Nigeria. BG Group has a 13.5% share in the
project and all shareholders will have the
right to lift their equity share of LNG.
In January 2006, BGGM announced that
it had entered into a Memorandum
of Understanding with the Brass LNG
consortium in Nigeria. The proposed Sale
and Purchase Agreement is expected to
provide 1.67 mtpa for the Group’s portfolio
on a 20 year term, with initial deliveries
expected to commence during 2012. It is
planned that cargoes will be delivered
on an ex-ship basis to Lake Charles and
Elba Island.
BG Group Data Book 2007
 North America and the Caribbean and Global LNG
38 United States of America continued

MARKETING Elizabeth and the Methane Alison

BG LNG Trading (BGLT) in conjunction Victoria. The Methane Nile Eagle is
with the Group’s LNG shipping scheduled for delivery in December 2007
organisation is engaged in marketing LNG and two new owned additional ships are
to buyers throughout the world. During ordered for delivery in 2009 and 2010,
2006, BGLT diverted 71 cargoes from their respectively. These two new ships will
intended destinations in the US to higher be larger (170 000 cubic metres) and
value markets. The combination of powered by dual-fuel diesel-electric
flexible supply, shipping capacity and engines which are more efficient and
commercial capability gives BG Group a produce less emissions.
strategic advantage.
BG Group contracts additional shipping
BG Energy Merchants (BGEM) markets as required on a short-, medium- and
regasified LNG from Lake Charles and Elba long-term basis in order to capture
Island, along with indigenous gas supplies, business opportunities and maintain a
to multiple intermediary and end use balanced shipping position (see page 50
customers via delivery through the US for further details).
natural gas pipeline infrastructure. Sales
STORAGE
are made under various short-, medium-
In addition to the significant inherent
and long-term arrangements. BGEM’s
storage facilities at Lake Charles and Elba
customers include leading gas and electric
Island, BG Group will from time to time
utilities, as well as industrial and
contract for natural gas storage capacity
wholesale gas merchants. In 2006,
on a seasonal and/or medium- to long-
BGEM’s marketing activities in the USA
term basis to facilitate its operational
met 1.3% of the daily US gas demand
and commercial requirements.
(data source: EIA).
POWER
SHIPPING
BG Group entered the north-east
BG Group has a long history in LNG
US power market in 2006, chosen
shipping, having been involved in the
as a market that is both mature and
development of both the prototype and
transparent with no dominant
the first working LNG carriers in the
incumbents. The first power station
industry. BG Group’s present activities in
purchased was Dighton, followed by Lake
this area are primarily directed towards
Road and then Masspower (see panel
meeting the needs of BG Group projects.
below for more detail).
In June 2004, BG Group took delivery of its
The assets selected have been chosen
first new ship, the Methane Kari Elin
to generate additional synergies from
(138 000 cubic metres). Since then
BG Group’s existing integrated gas
BG Group has taken delivery of six more
business. This will be via gas supply,
145 000 cubic metre ships: the Methane
plant operations and power marketing.
Rita Andrea; the Methane Lydon Volney;
the Methane Jane Elizabeth; the Methane
Heather Sally; the Methane Shirley

US Power portfolio: Integrated gas marketing

The Dighton, Lake Road and Masspower Both Lake Road and Masspower are
acquisitions, all 100% owned by BG Group, dual fuel capable plants designed to
represent an important step in the run on natural gas or #2 distillate oil.
implementation of the Group’s integrated Fuel to Lake Road is supplied through
Lake Road US gas marketing strategy. the Algonquin pipeline system while
Masspower is supplied through the
Power generation has the potential to
BOSTON Tennessee Gas pipeline system. With
Masspower offer BG Group attractive returns and
Dighton both plants the primary fuel is natural
is readily integrated into the Group’s
gas with distillate as the back-up fuel.
USA growing US gas business to generate
The ability to switch fuels gives the
additional returns.
plants a commercial advantage over
All three plants’ output is sold into the gas-only plants in the region.
Dighton
competitive New England power market.
Capacity: 165 MW*
Dighton is designed to run on natural
Lake Road
gas, which can be supplied by BG Group
Capacity: 785 MW*
through the Algonquin pipeline system.
Masspower
Capacity: 264 MW*

BG Group Data Book 2007 *ISO-NE weighted average annual installed capacity ratings
Statistical supplement 39

CONTENTS

40 Introduction and legal notices

Social and environment data

41 Environment

41 Our People

41 Society

41 Conduct

Group financial data

42 Summarised BG Group
annual results

43 Summarised BG Group
quarterly results

44 Segmental analysis

Exploration and Production

45 Estimated net proved
reserves of natural gas

46 Estimated net proved

reserves of oil

46 Estimated net proved

and probable reserves

47 Operating statistics

47 Drilling activity

48 Field interests

49 Licence and block interests

LNG
50 Facilities capacity

50 Long-term firm supply

50 Cargoes

51 Ships

Transmission and Distribution

51 Operating statistics

Power
51 Capacity

Corporate information
52 Principal acquisitions,
commitments and divestments

52 Credit Ratings

53 Issued share capital

and dividend history
SUPPLEMENT
STATISTICAL

53 Investor calendar

Definitions and conversions

54 Definitions

BG Group Data Book 2007

40 Introduction and legal notices
INTRODUCTION
Financial and operating statistics
This financial and operating information
includes extracts from the BG Group
Annual Report and Accounts 2006
and quarterly results statements.
Reference to these reports will assist in
the understanding of the figures in this
document. The financial information in
this document is unaudited and is not
intended to be the statutory accounts
of BG Group plc.
International Financial
Reporting Standards
BG Group plc has adopted International
Financial Reporting Standards (IFRS) as
its primary accounting basis for the year
ending 31 December 2006. Restatement
of the 2003 and 2004 financial results and
the principal accounting policies under
IFRS are available in the BG Group Annual
Report and Accounts 2005.
Business Performance
‘Business Performance’ excludes
disposals, certain re-measurements and
impairments and exclusion of these items
provides readers with a clear and
consistent presentation of the underlying
operating performance of the Group’s
ongoing business.
For further explanation of Business
Performance and the presentation of
results from joint ventures and associates,
please refer to the presentation of
non-GAAP measures on page 152 of the
BG Group Annual Report and
Accounts 2006.
Translation into US Dollars
Some of BG Group’s financial figures
in Sterling have been translated into
US Dollars. The average rate for each
year has been used when translating
the income statement and cash flow
statement. These translations should not
be construed as representations that the
Sterling amounts actually represent such
US Dollar amounts or could be converted
into US Dollars at the rate indicated or
any other rate.
Details of disposals, certain re-measurements and impairments can be found on the BG Group website, www.bg-group.com
The information contained in the Data Book can also be found on the BG Group website, www.bg-group.com
BG Group Data Book 2007
LEGAL NOTICES
Steps have been taken to verify the
information contained in this Data Book
and, unless otherwise indicated, is
believed to be accurate as at 31 July 2007.
However, neither BG Group plc nor any of
its subsidiary undertakings, joint ventures
or associated undertakings or their
respective directors, partners, employees
or agents make any representation or
warranty, express or implied, or accepts any
responsibility, with respect to the accuracy
or completeness of the information in this
document. Nothing in this document
constitutes or shall be taken to constitute
an offer, invitation or inducement to any
person to invest in BG Group and no
reliance should be placed on the
information contained in it in connection
with any investment decision.
Forward-looking information
This Data Book includes ‘forward-looking
information’ within the meaning of
Section 27A of the US Securities Act of
1933, as amended, and Section 21E of the
US Securities Exchange Act of 1934, as
amended. Certain statements included
in this Data Book, including without
limitation, those concerning: strategies,
outlook and growth opportunities;
positioning to deliver future plans and to
realise potential for growth; delivery of
the performance required to meet the
2007 targets; expectations regarding
gas and oil prices; development of
new markets; the development and
commencement of commercial operations
of new projects; liquidity and capital
resources; gas demand growth; plans for
capital investment; the economic outlook
for the gas and oil industries; regulation;
qualitative and quantitative disclosures
about market risk; and statements
preceded by ‘expected’, ‘scheduled’,
‘targeted’, ‘planned’, ‘proposed’, ‘intended’
or similar statements contain certain
forward-looking information concerning
the Group’s operations, economic
performance and financial condition.
Although BG Group believes that the
assumptions and expectations reflected
in such forward-looking statements are
reasonable, no assurance can be given
that these will prove to have been correct.
Actual results could, therefore, differ
materially from those set out in the
forward-looking statements as a result
of, among other factors: changes in
economic, market and operational
conditions, including supply and demand
for gas and oil and gas and oil prices;
success in implementing business and
operating initiatives; changes in the
regulatory environment and other
government actions, including UK and
international corporation tax rates;
a major recession or significant upheaval
in the major markets in which the
Group operates; the failure to ensure
the safe operation of the Group’s assets
worldwide; implementation risk, being
the challenges associated with delivering
capital intensive projects on time and on
budget, including the need to retain and
motivate staff; business risk management;
commodity risk, being the risk of a
significant fluctuation in gas and/or oil
prices from those assumed; fluctuations
in exchange rates, in particular the
US$/UK£ exchange rate being
significantly different from that assumed;
risks inherent in project delivery and in the
gas and oil exploration and production
sector in general; the failure
of co-venturers to meet contractual
obligations; political instability, natural
disasters and adverse weather conditions;
and war, sabotage and acts of terrorism.
For a more detailed analysis of the factors
that may affect BG Group, please refer to
the Risk Factors on pages 41 to 44 of the
BG Group Annual Report and Accounts
2006. BG Group undertakes no obligation
to update any forward-looking statements.
Cautionary note to US investors
The United States Securities and Exchange
Commission (SEC) permits oil and gas
companies, in their filings with the SEC,
to disclose only proved reserves that a
company has demonstrated by actual
production or conclusive formation tests
to be economically and legally producible
under existing economic and operating
conditions. We use certain terms in this
document such as ‘probable reserves’,
that the SEC’s guidelines strictly prohibit
us from including in filings with the SEC.
US investors are urged to consider closely
the disclosure in our Form 20-F, File No.
1-09337, available from us at BG Group,
100 Thames Valley Park Drive, Reading
RG6 1PT. You may read and copy this
information at the SEC’s public reference
room, located at 100F Street N.E.,
Washington D.C. 20549. Please call
the SEC at 1-800-SEC-0330 for further
information on the public reference room.
This filing is also available on the website
www.sec.gov maintained by the SEC.
Social and environment data 41

ENVIRONMENT
The data in the tables below represents 100% of the direct emissions, discharges and wastes from the activities shown below and 50% from our joint operated
venture in Kazakhstan:
• E&P operations where BG Group is designated as the ‘operator’; and
• LNG, T&D and Power operations in which BG Group holds a total interest of over 50%. This includes MetroGAS S.A., which is controlled by BG Group
(although BG Group’s direct shareholding is less than 50%).

Emissions (tonnes) Electricity Distribution Total Total Total t/mmboe t/mmboe t/mmboe
Venting Fugitive Flaring Fuel use generation losses 2006 2005 2004 2006 2005 2004

Carbon dioxide 526 175 2 427 465 1 989 336 2 105 507 1 262 5 049 747 5 404 117 4 162 328 15 081 15 854 14 002
Carbon monoxide 0 0 1 554 3 741 3 346 0 8 641 39 331 10 356 26 115 35
Nitrogen oxides 0 0 419 10 615 2 440 0 13 474 11 685 11 767 40 34 40
Sulphur dioxide 0 0 4 642 3 798 1 375 0 9 815 17 913 25 513 29 53 86
Methane 5 555 849 1 371 352 227 36 469 44 823 48 427 47 139 134 142 159
Volatile organic compounds 6 640 158 585 209 76 2 950 10 618 10 467 9 636 32 31 32
Greenhouse gases (carbon
dioxide equivalent) 642 840 17 819 461 880 2 013 665 2 128 594 767 107 6 031 905 6 468 275 5 242 001 18 014 18 976 17 631

Discharges to aqueous environments (tonnes) Oil in

process Oil on Oil Process Drill Total Total Total
water cuttings spills water cuttings 2006 2005 2004

207 124 0.1 4 356 505 25 698 4 382 534 3 867 907(1) 3 068 125

Waste for disposal (tonnes) Drill Total Total Total

Metal General Hazardous cuttings 2006 2005 2004

1 511 24 112 28 523 13 803 67 949(2) 23 534(3) 43 159

Energy use (MWh) Total Total Total

Gas Electricity Oil 2006 2005 2004

8 167 437 43 020 1 239 859 9 450 316 8 682 281 5 634 718

(1) Amended from 2005 CR Report to include KPO data not available at the time of the 2005 Report
(2) Of the 67 949 tonnes, 34 569 tonnes was recycled
(3) Amended from 2005 CR Report to include drilling waste data not available at the time of the 2005 Report

OUR PEOPLE
People
People data refers to direct employees of BG Group.
2006 2005 2004

Employees worldwide(1) 4 665 5 363(2) 5 175

Employees based outside UK(1) 3 030 4 000(2) 3 912
Employees working away from home country 529 440 452
Women in management 9% 11% 12%

(1) Average numbers throughout 2005 and 2006

(2) Included in this figure are an average of 1 009 employees of MetroGAS S.A. This company was deconsolidated at the end of 2005

Health and Safety

The statistics represent 100% of the data from the aforementioned operations plus the operations at Dragon LNG, UK and Egyptian LNG and Nile Valley Gas
Company, Egypt, in which BG Group holds an interest of less than 50% but BG Group employees hold high-level management positions.
2006 2005 2004

Lost time injury frequency (LTIF) 0.36 0.51 0.55

Total recordable case frequency (TRCF) 1.66 2.39 2.49
Sickness absence 0.4 0.4 0.5
Reported occupational related illness frequency (ORIF) 0.1 0.1 0.2

CONDUCT
2006 2005 2004

Investigations of fraud allegations 7 6 –

Whistleblowing cases 24(1) 7 2

(1) A review and promotion of the Group’s Whistleblowing Policy during 2006 lead to increased awareness of this policy and subsequent increase in the number of reported cases

SOCIETY
Social investment
These represent 100% of contributions made by wholly owned BG Group businesses and proportional contributions (according to BG Group’s stake) made by
SUPPLEMENT
STATISTICAL

operations and joint ventures where BG Group is a shareholder.

2006 2005 2004

Charitable donations 426 663 1 064 441 855 432

Community investment 1 364 205 1 508 691 843 804
Commercial initiatives 1 978 555 808 014 1 530 500
Management costs 470 966 260 357 264 978
Sub-total voluntary contributions 4 240 389 3 641 503 3 494 714
Contractual 1 352 053 3 503 761 5 661 765
Total voluntary and contractual contributions 5 592 442 7 145 264 9 156 479

BG Group Data Book 2007

42 Summarised BG Group annual results

BUSINESS PERFORMANCE
2006 2005(1) 2004(1)

Dated Brent average ($/bbl) 65.14 54.52 38.26

FX rate ($/£) 1.83 1.83 1.82
Henry Hub ($/mmbtu) 6.74 8.86 5.85
BG Group E&P production (mmboe) 219.2 183.8 166.8
Group revenue and other operating income (£ million) 7 270 5 664 4 063
Total operating profit
Exploration and Production 2 457 1 942 1 189
LNG 352 181 99
Transmission and Distribution 231 211 148
Power 106 113 116
(2)
Other activities (43) (58) (32)
Total operating profit on ordinary activities 3 103 2 389 1 520
(3)
Net finance costs (43) (65) (79)
Profit on ordinary activities before taxation 3 060 2 324 1 441
(4)
Tax on profit on ordinary activities (1 375) (939) (587)
Profit on ordinary activities after taxation 1 685 1 385 854
Minority shareholders’ interest (45) (31) (28)
Earnings 1 640 1 354 826
Earnings per ordinary share 47.4p 38.2p 23.4p
Net cash flow from operating activities 2 381 1 626 1 212
Net borrowings (103) (30) (1 186)
Capital investment 1 847 1 595 1 894
Capital investment excluding acquisitions 1 800 1 566 1 373
ROACE after tax (%) 26.2 22.6 17.3
Gearing (%) 1.6 0.4 20.6

(1) Restated under IFRS and for IFRIC 4. For further detail, please see the www.bg-group.com website
(2) Other activities include new business development expenditure and certain corporate costs
(3) Includes share of joint ventures and associates net finance costs
(4) Includes share of joint ventures and associates tax

BG Group Data Book 2007

Summarised BG Group quarterly results(1) (2) 43

BUSINESS PERFORMANCE
Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1
2007 2007 2006 2006 2006 2006 2005 2005 2005 2005 2004 2004 2004 2004
Dated Brent assumption $/bbl 68.76 57.76 59.60 69.60 69.59 61.79 56.87 61.63 51.63 47.62 44.01 41.29 35.35 31.81
FX rate $/£ 1.98 1.96 1.90 1.86 1.80 1.75 1.76 1.79 1.87 1.90 1.85 1.81 1.81 1.82
Henry Hub $/mmbtu 7.55 7.16 6.60 6.08 6.54 7.75 12.22 9.82 7.03 6.37 6.26 5.44 6.08 5.62
BG Group E&P production (mmboe) 53.7 58.2 57.2 50.6 55.6 55.8 54.3 41.2 44.6 43.7 45.0 39.7 41.2 40.9
– oil volume (mmboe) 7.4 6.5 5.9 4.3 5.3 5.6 5.5 4.6 4.5 4.7 5.8 4.8 5.3 5.5
– liquids volume (mmboe) 9.7 8.8 8.7 6.9 7.6 7.4 7.8 5.8 8.4 7.7 7.8 6.4 5.7 5.7
– gas volume (mmboe)(3) 36.6 42.9 42.6 39.4 42.7 42.8 41.0 30.8 31.7 31.3 31.4 28.5 30.2 29.7
BG Group avg UK gas price pence per produced therm 23.88 37.03 34.41 25.50 26.20 38.84 38.89 20.10 22.98 24.12 22.59 18.33 17.89 19.68
BG Group avg Int’l gas price pence per produced therm 15.11 16.31 16.69 16.83 17.05 18.4 21.43 17.92 14.16 13.85 14.66 14.17 13.83 12.99
Overall BG Group avg gas price pence per
produced therm 17.00 21.50 21.28 18.52 19.09 23.69 26.11 18.42 16.81 17.48 17.55 15.71 15.40 15.97
BG Group avg oil price $/bbl 69.07 58.13 60.13 71.43 69.76 62.53 58.55 63.02 52.36 48.24 45.58 42.80 36.17 32.56
BG Group avg liquids price $/bbl 56.72 45.57 46.40 57.56 56.79 50.17 47.17 48.23 39.54 33.01 31.28 30.56 22.59 16.27
Total operating profit including share of pre-tax
operating results from joint ventures and associates
£ million
Exploration and Production 565 626 575 509 647 726 729 419 407 387 360 291 274 264
LNG 88 121 115 65 34 138 81 54 17 29 23 39 21 16
Transmission and Distribution 70 50 53 56 57 65 45 64 56 46 31 51 36 30
Power 31 38 28 16 23 39 35 21 21 36 34 21 24 37
Other activities(4) (7) (12) (11) (13) (9) (10) (30) (7) (8) (13) (11) (5) (6) (10)
Total operating profit 747 823 760 633 752 958 860 551 493 485 437 397 349 337
Net finance costs(5) (6) (9) (17) (13) (14) 1 (17) (14) (13) (21) (23) (19) (18) (19)
Profit before tax 741 814 743 620 738 959 843 537 480 464 414 378 331 318
Tax on profit on ordinary activities(6) (317) (356) (324) (266) (401) (384) (346) (215) (191) (187) (176) (151) (132) (128)
Profit for the period 424 458 419 354 337 575 497 322 289 277 238 227 199 190
Minority interest (15) (10) (9) (12) (12) (12) 6 (15) (14) (8) (2) (14) (7) (5)
Earnings (BG Group shareholders) (7) 409 448 410 342 325 563 503 307 275 269 236 213 192 185
Earnings per ordinary share 12.0p 13.1p 12.0p 10.0p 9.3p 16.0p 14.2p 8.6p 7.8p 7.6p 6.7p 6.1p 5.4p 5.2p
Net cash flow from operating activities 639 902 577 461 641 702 369 469 378 410 316 358 236 302
Net (borrowings)/funds 213 (27) (103) (358) 14 183 (30) (380) (245) (1 095) (1 186) (1 206) (1 154) (1 179)
Capital investment 496 869 549 511 401 386 408 457 415 315 509 356 402 627
Capital investment excluding acquisitions 422 438 502 511 401 386 408 457 386 315 389 325 292 367

ADDITIONAL INFORMATION: EXPLORATION AND PRODUCTION

Lifting costs ($/boe) $3.44 $2.97 $2.88 $2.69 $2.18 $2.08 $1.92 $2.54 $2.10 $2.18 $1.83 $2.20 $1.93 $1.60
– lifting costs (£/boe) £1.74 £1.51 £1.51 £1.45 £1.21 £1.19 £1.09 £1.42 £1.13 £1.15 £0.99 £1.22 £1.07 £0.88
Opex ($/boe) $5.41 $4.92 $4.82 $4.39 $3.72 $3.82 $3.85 $4.57 $3.82 $3.96 $3.60 $4.01 $3.78 $3.28
– opex (£/boe) £2.74 £2.51 £2.53 £2.36 £2.07 £2.18 £2.19 £2.56 £2.04 £2.08 £1.95 £2.21 £2.09 £1.80
Development expenditure (£ million) 301 291 201 229 160 131 188 166 174 155 205 151 125 139
Gross exploration expenditure (£ million) 102 105 180 103 103 169 131 65 38 102 122 93 63 58
– capitalised 46 59 129 65 66 136 89 34 15 87 92 75 50 45
– other expenditure 56 46 51 38 37 33 42 31 23 15 30 18 13 13

(1) All information is prepared under IFRS

(2) BG Group has applied IFRIC 4 from 1 January 2006. Comparative information for 2005 and 2004 has been restated for IFRIC 4. For further detail, please see the
www.bg-group.com website
(3) Volumes from 2006 onwards include fuel gas. Volumes for 2005 and 2004 do not include fuel gas
(4) Other activities include new business development expenditure and certain corporate costs
(5) Includes share of joint ventures and associates net finance costs
(6) Includes share of joint ventures and associates tax
(7) Q2 2006 includes prior period taxation of £76 million due to increase in North Sea taxation
SUPPLEMENT
STATISTICAL

BG Group Data Book 2007

44 Segmental analysis(1)

BUSINESS PERFORMANCE
Q2 Q1 Year Q4 Q3 Q2 Q1 Year Q4 Q3 Q2 Q1 Year Q4 Q3 Q2 Q1
£ million 2007 2007 2006 2006 2006 2006 2006 2005 2005 2005 2005 2005 2004 2004 2004 2004 2004

Revenue and other

operating income
Exploration and Production 942 1 027 3 928 1 001 870 984 1 073 3 074 1 093 688 658 635 2 148 650 534 488 476
LNG 910 697 2 442 675 566 548 653 1 631 771 404 236 220 1 098 296 336 276 190
Transmission and Distribution 234 220 877 226 224 224 203 808 219 224 196 169 644 165 178 162 139
Power 142 96 248 64 42 50 92 227 59 47 46 75 187 55 40 38 54
Other activities(2) 1 2 8 1 2 2 3 15 5 4 4 2 8 2 3 2 1
Intra-group sales (67) (62) (233) (70) (57) (54) (52) (91) (49) (28) (7) (7) (22) (7) (7) (4) (4)
2 162 1 980 7 270 1 897 1 647 1 754 1 972 5 664 2 098 1 339 1 133 1 094 4 063 1 161 1 084 962 856

OPERATING PROFIT
Group operating profit before
share of pre-tax results of
joint ventures and associates
Exploration and Production 565 626 2 457 575 509 647 726 1 942 729 419 407 387 1 189 360 291 274 264
LNG 57 96 248 90 40 10 108 70 45 24 (7) 8 34 7 20 5 2
Transmission and Distribution 59 40 190 44 46 46 54 169 34 54 46 35 108 22 41 25 20
Power 10 18 18 7 (1) 2 10 24 8 1 (1) 16 28 12 1 1 14
Other activities (7) (12) (43) (11) (13) (9) (10) (58) (30) (7) (8) (13) (32) (11) (5) (6) (10)
Sub-total Group
operating profit 684 768 2 870 705 581 696 888 2 147 786 491 437 433 1 327 390 348 299 290
Share of operating profit of
joint ventures and associates
Exploration and Production – – – – – – – – – – – – – – – – –
LNG 31 25 104 25 25 24 30 111 36 30 24 21 65 16 19 16 14
Transmission and Distribution 11 10 41 9 10 11 11 42 11 10 10 11 40 9 10 11 10
Power 21 20 88 21 17 21 29 89 27 20 22 20 88 22 20 23 23
Other activities – – – – – – – – – – – – – – – – –
Sub-total share of operating
profit in joint ventures
and associates 63 55 233 55 52 56 70 242 74 60 56 52 193 47 49 50 47
Total operating profit 747 823 3 103 760 633 752 958 2389 860 551 493 485 1 520 437 397 349 337

(1) BG Group has applied IFRIC 4 from 1 January 2006. Comparative information for 2005 and 2004 has been restated for IFRIC 4. For further detail, please see the
www.bg-group.com website
(2) Other activities include new business development expenditure and certain corporate costs

BG Group Data Book 2007

Exploration and Production: Estimated net proved reserves of natural gas 45

The allocation of the countries within these areas is:

Atlantic Basin – Canada, Egypt, Nigeria, Trinidad and Tobago and the USA
Asia and the Middle East – China, India, Kazakhstan, Oman, Thailand, Israel and areas of Palestinian Authority
Rest of the world – Algeria, Bolivia, Brazil, Italy, Libya, Madagascar, Mauritania, Norway, Spain and Tunisia
Atlantic Asia and Rest of
UK Basin Middle East world Total
bcf bcf bcf bcf bcf

As at 31 December 2003 1 116 4 167 2 286 1 189 8 758

Movement during the year:
(1)
Revisions of previous estimates 184 162 249 75 670
Extensions, discoveries and reclassifications 8 – – – 8
Production (269) (216) (149) (85) (719)
Purchase of reserves-in-place – 359 – – 359
Sale of reserves-in-place – – – – –
(77) 305 100 (10) 318
As at 31 December 2004 1 039 4 472 2 386 1 179 9 076
Movement during the year:
(1)
Revisions of previous estimates 297 392 402 209 1 300
Extensions, discoveries and reclassifications 7 16 – 74 97
Production (219) (332) (158) (96) (805)
Purchase of reserves-in-place – – – – –
Sale of reserves-in-place – (1) – – (1)
85 75 244 187 591
(2)
As at 31 December 2005 1 124 4 547 2 630 1 366 9 667
Movement during the year:
(1)
Revisions of previous estimates 80 583 145 20 828
Extensions, discoveries and reclassifications 87 – – – 87
Production (223) (515) (170) (92) (1 000)
Purchase of reserves-in-place – – – – –
Sale of reserves-in-place – – – – –
(56) 68 (25) (72) (85)
(2)
As at 31 December 2006 1 068 4 615 2 605 1 294 9 582
Proved developed reserves of natural gas:
As at 31 December 2003 949 1 484 1 732 789 4 954
As at 31 December 2004 867 1 393 2 038 665 4 963
As at 31 December 2005 937 2 267 2 139 929 6 272
As at 31 December 2006 846 2 232 2 006 844 5 928

(1) Includes effect of oil and gas price changes on PSCs

(2) Estimates of proved natural gas reserves at 31 December 2006 include fuel gas of 640 bcf (31 December 2005 534 bcf) SUPPLEMENT
STATISTICAL

BG Group Data Book 2007

46 Exploration and Production: Estimated net proved reserves of oil

‘Oil’ includes crude oil, condensate and natural gas liquids.

Atlantic Asia and Rest of
UK Basin Middle East world Total
mmbbl mmbbl mmbbl mmbbl mmbbl

As at 31 December 2003 162.7 9.8 440.6 31.5 644.6

Movement during the year:
(1)
Revisions of previous estimates 21.7 – (3.1) 6.1 24.7
Extensions, discoveries and reclassifications 1.3 – – 9.8 11.1
Production (21.2) (0.3) (23.3) (2.2) (47.0)
Purchase of reserves-in-place – 1.4 – – 1.4
Sale of reserves-in-place – – – – –
1.8 1.1 (26.4) 13.7 (9.8)
As at 31 December 2004 164.5 10.9 414.2 45.2 634.8
Movement during the year:
(1)
Revisions of previous estimates 12.3 7.7 (46.9) 4.5 (22.4)
Extensions, discoveries and reclassifications 1.5 – – 7.4 8.9
Production (18.3) (0.5) (27.4) (2.8) (49.0)
Purchase of reserves-in-place – – – – –
Sale of reserves-in-place – – – – –
(4.5) 7.2 (74.3) 9.1 (62.5)
As at 31 December 2005 160.0 18.1 339.9 54.3 572.3
Movement during the year:
(1)
Revisions of previous estimates 10.0 (1.5) 18.4 (5.4) 21.5
Extensions, discoveries and reclassifications 10.2 – – – 10.2
Production (18.4) (1.8) (28.1) (3.4) (51.7)
Purchase of reserves-in-place – – – – –
Sale of reserves-in-place – – – – –
1.8 (3.3) (9.7) (8.8) (20.0)
As at 31 December 2006 161.8 14.8 330.2 45.5 552.3

Proved developed reserves of oil:

As at 31 December 2003 86.3 0.9 404.8 18.5 510.5
As at 31 December 2004 87.1 1.6 382.3 20.4 491.4
As at 31 December 2005 80.9 9.4 313.8 26.3 430.4
As at 31 December 2006 116.2 7.6 282.2 26.1 432.1

(1) Includes effect of oil and gas price changes on PSCs

Exploration and Production: Estimated net proved and probable reserves(1)

DEVELOPMENT STATUS
Gas Oil(2) Total(3)
bcf mmbbl mmboe

As at 31 December 2006
Fields in production 14 611 784 3 219
Fields under development 197 136 169
Fields awaiting development 713 25 144
Total 15 521 945 3 532

(1) Gas and oil reserves cannot be measured exactly since estimation of reserves involves subjective judgement. Therefore all estimates are subject to revision
(2) Oil includes crude oil, condensate and natural gas liquids
(3) Conversion rate of 6 bcf gas per mmboe

BG Group Data Book 2007

Exploration and Production: Operating statistics 47

Production volumes (mmboe)

Q2 Q1 Year Q4 Q3 Q2 Q1 Year Q4 Q3 Q2 Q1 Year Q4 Q3 Q2 Q1
2007 2007 2006 2006 2006 2006 2006 2005 2005 2005 2005 2005 2004 2004 2004 2004 2004

– oil volume mmboe 7.4 6.5 21.1 5.9 4.3 5.3 5.6 19.3 5.5 4.6 4.5 4.7 21.4 5.8 4.8 5.3 5.5
– liquids volume mmboe 9.7 8.8 30.6 8.7 6.9 7.6 7.4 29.7 7.8 5.8 8.4 7.7 25.6 7.8 6.4 5.7 5.7
– gas volume mmboe(1) 36.6 42.9 167.5 42.6 39.4 42.7 42.8 134.8 41.0 30.8 31.7 31.3 119.8 31.4 28.5 30.2 29.7
Prices
BG Group avg UK gas price
pence per produced therm 23.88 37.03 31.89 34.41 25.50 26.20 38.84 27.30 38.89 20.10 22.98 24.12 19.64 22.59 18.33 17.89 19.68
BG Group avg Int’l gas price
pence per produced therm 15.11 16.31 17.23 16.69 16.83 17.05 18.40 17.27 21.43 17.92 14.16 13.85 13.95 14.66 14.17 13.83 12.99
Overall BG Group avg gas price
pence per produced therm 17.00 21.50 20.68 21.28 18.52 19.09 23.69 20.15 26.11 18.42 16.81 17.48 16.18 17.55 15.71 15.40 15.97
BG Group avg oil price
$ per barrel 69.07 58.13 65.54 60.13 71.43 69.76 62.53 55.96 58.55 63.02 52.36 48.24 39.24 45.58 42.80 36.17 32.56
BG Group avg liquids price
$ per barrel 56.72 45.57 52.68 46.40 57.56 56.79 50.17 41.77 47.17 48.23 39.54 33.01 25.90 31.28 30.56 22.59 16.27
Henry Hub $/mmbtu 7.55 7.16 6.74 6.60 6.08 6.54 7.75 8.86 12.22 9.82 7.03 6.37 5.85 6.26 5.44 6.08 5.62
Unit costs
Lifting costs ($/boe) 3.44 2.97 2.45 2.88 2.69 2.18 2.08 2.17 1.92 2.54 2.10 2.18 1.88 1.83 2.20 1.93 1.60
Lifting costs (£/boe) 1.74 1.51 1.34 1.51 1.45 1.21 1.19 1.19 1.09 1.42 1.13 1.15 1.03 0.99 1.22 1.07 0.88
Opex ($/boe) 5.41 4.92 4.18 4.82 4.39 3.72 3.82 4.04 3.85 4.57 3.82 3.96 3.66 3.60 4.01 3.78 3.28
Opex (£/boe) 2.74 2.51 2.29 2.53 2.36 2.07 2.18 2.21 2.19 2.56 2.04 2.08 2.01 1.95 2.21 2.09 1.80
Finding and development costs
3 year rolling average ($/boe)(2) 11.50(3) 7.07(3) 4.84
Reserve replacement
3 year organic average reserve
replacement ratio (%) 108(3) 152(3) 248
Investment
Development expenditure
(£ million) 301 291 721 201 229 160 131 683 188 166 174 155 620 205 151 125 139
Gross exploration expenditure
(£ million) 102 105 555 180 103 103 169 336 131 65 38 102 336 122 93 63 58
– capitalised 46 59 396 129 65 66 136 225 89 34 15 87 262 92 75 50 45
– other expenditure 56 46 159 51 38 37 33 111 42 31 23 15 74 30 18 13 13

(1) From first quarter 2006 includes fuel gas

(2) The denominator uses the total net proved reserves changes over the three years excluding acquisitions, divestments and production
(3) These figures are calculated on a SEC basis, which includes all reserves revisions and fuel gas and is calculated at year end prices

Exploration and Production: Drilling activity

WELL OPERATIONS
Number of exploration and appraisal wells 2006 2005 2004 2003 2002

Total 42 29 28 17 25
Percentage successful (gross well basis) 56 48 64 71 72

WELLS DRILLED IN 2006: ANALYSIS BY COUNTRY Exploration Appraisal

Gross Net Gross Net

Canada 12 10.41 – –
Egypt 4 2.00 – –
India – – 2 0.60
Brazil 4 2.50 – –
Mauritania 2 0.25 – –
Trinidad and Tobago 1 0.65 – –
UK 12 4.40 – –
Norway 1 0.20 – –
Italy 1 0.50 – –
Thailand 3 0.67 – –
Total 40 21.57 2 0.60

The gross figure is a total number of wells in which BG Group participated

The net figure is calculated by applying the licence working interest to each well and taking the sum of the fractional interests
SUPPLEMENT
STATISTICAL

In the case of farm-ins and farm-outs, the working interest will be that which applies after completion of the well and consequent re-arrangement of interest

BG Group Data Book 2007

48 Exploration and Production: Field interests

(1)
PRODUCING FIELDS
Gas production Oil and liquids production Total production(2)
(net) bcf (net) ‘000s barrels (net) mmboe
BG Group working
interest (%) 2006 2005 2004 2006 2005 2004 2006 2005 2004

UKCS Armada and SW Seymour(3), (4) 46.77 and 57.00 42.3 38.1 59.2 2 037 1 880 2 910 9.1 8.2 12.8
Atlantic Cromarty 75.00 and 10.00 13.4 – – 354 – – 2.6 – –
Blake(3) 44.00 0.8 0.8 1.7 3 841 4 088 4 997 4.0 4.2 5.3
Easington Catchment Area(5) 30.77 and 79.00 38.6 51.3 69.5 123 204 249 6.6 8.8 11.8
Elgin/Franklin 14.11 24.4 26.5 25.5 5 290 5 996 6 236 9.4 10.4 10.5
Everest(4) 58.31 18.8 25.1 30.9 494 720 988 3.6 4.9 6.1
J-Block and Jade(6) 30.50 and 35.00 48.5 43.5 42.4 5 413 4 800 4 761 13.5 12.1 11.8
Lomond 61.11 29.4 28.9 35.8 539 569 979 5.4 5.4 6.9
Other 6.6 4.7 3.8 346 54 32 1.4 0.8 0.7
UKCS sub-total 222.8 218.9 268.8 18 437 18 311 21 152 55.6 54.8 65.9
International Bolivia(7) 37.50 and 100.00 26.5 30.7 21.6 918 1 063 517 5.3 6.2 4.1
Canada Various 19.8 19.0 15.8 162 176 208 3.5 3.3 2.9
Egypt(3) 50.00 and 80.00 365.4 209.9 84.7 1 530 259 89 62.4 35.3 14.2
India(3),(8) 30.00 37.5 35.5 31.7 4 050 3 504 2 854 10.3 9.4 8.1
Kazakhstan(9) 32.50 82.3 75.7 70.0 22 585 22 399 18 991 36.3 35.0 30.7
Mauritania(10) 0.2 – – 949 – – 1.0 – –
Thailand(11) 22.22 50.3 47.0 47.6 1 440 1 440 1 501 9.8 9.3 9.5
Trinidad and Tobago(3) 45.88, 50.00 and 65.00 134.7 107.4 114.5 121 111 36 22.6 18.0 19.1
Tunisia(3) 100.00 65.4 64.9 63.8 1 527 1 717 1 675 12.4 12.5 12.3
International sub-total 782.1 590.1 449.7 33 282 30 669 25 871 163.6 129.0 100.9
Total 1 004.9 809.0 718.5 51 719 48 980 47 023 219.2 183.8 166.8

OTHER FIELDS AND DISCOVERIES WITH PROVED OR PROBABLE RESERVES: BG GROUP WORKING INTEREST (%)
AS AT 31 DECEMBER 2006
UKCS Glenelg 14.70
Buzzard 21.73
Maria(3) 36.00
Jasmine 30.50
NW Seymour(3) 57.00
West Franklin 14.11
Egypt Rashid-3, Rashid North, South Sequoia(3) 80.00
Serpent, near field satellites, Mina, Silva, North Sequoia, Saurus(3) 50.00
Thailand Bongkot South 22.22
Trinidad Starfish(3) 50.00
Tunisia Hasdrubal(3) 50.00

(1) BG Group working interest at 31 December 2006 or when disposed of producing field
(2) Conversion rate of 6 bcf gas per mmboe
(3) Operated by BG Group at 31 December 2006
(4) BG Group acquired a further 11.45% of Armada and 1.0134% of Everest fields on 30 March, 2007, taking the current stakes to 58.22% and 59.32% respectively
(5) Easington Catchment Area project comprises the Apollo, Mercury, Minerva, Neptune and Wollaston and Whittle fields
BG Group-operated except for Wollaston and Whittle
(6) J-Block includes Judy and Joanne
(7) Includes Margarita Early Production Facility and the BG Group-operated and 100% owned La Vertiente fields
(8) Jointly operated with ONGC and Reliance Industries
(9) Joint operated in partnership with Eni
(10) All interests in Mauritania sold in January 2007
(11) Includes Ton Sak

BG Group Data Book 2007

Exploration and Production: Licence and block interests 49

HELD AT 31 JULY 2007

Number BG Group- BG Group
Country Interest Details of blocks Gross area (1) Type of fields (2) operated interest (%)
Algeria Hassi Ba Hamou Perimeter 5 18 381 Unknown 1 36.75
Bolivia(3) XVIII La Vertiente 1 38 Various 1 100
Caipipendi 1 246 Various 0 37.5
Block XX Tarija West 1 25 Various 0 25
Block XX Tarija East 2 15 Various 2 100
Charagua 1 79 Unknown 0 20
Block Los Suris 1 5 Various 1 100
Brazil BM-S-9 1 1 180 Various 0 30
BM-S-10 1 1 200 Gas 0 25
BM-S-11 1 2 320 Oil 0 25
BM-S-13 1 350 Oil 1 60
BM-S-47 2 315 Gas 2 50
BM-S-50 1 698 Oil 0 20
BM-S-52 1 670 Oil 0 40
BT-SF-2 6 17 676 Gas 0 50
Canada(3) i) Alberta Waterton 10 9 707 Gas 0 50
Foothills & Deep West 37 26 926 Unknown 27 85
ii) British Columbia Foothills 34 56 747 Unknown 27 75
iii) Northwest Territories Central Mackenzie Valley 4 394 668 Unknown 4 81
China Block 53/16 1 8 671 Unknown 1 100
Block 64/11 1 7 546 Unknown 1 100
Egypt Rosetta Concession(4) 4 294 Gas 4 80
West Delta Deep Marine(5) 8 1 355 Gas 8 50
El Manzala Offshore 1 914 Unknown 1 100
El Burg Offshore 1 1 463 Unknown 1 70
North Sidi Kerir Deep 1 1 949 Unknown 1 50
India(6) Mid and South Tapti 1 1 471 Gas 1 30
Panna/Mukta 2 1 207 Various 2 30
KG-OSN-2004/1 1 1 131 Unknown 1 45
Israel Med Yavne 1 52 Gas 1 35
Italy Po Valley Permits (Italy Onshore) 6 3 944 Unknown 5 Various
Kazakhstan(7) Karachaganak 1 280 Various 1 32.5
Libya Sirte Block 123-1 1 2 753 Unknown 1 100
Sirte Block 123-2 1 2 144 Unknown 1 100
Kufra Blocks 171-01, 2, 3 & 4 4 11 305 Unknown 0 50
Madagascar Majunga Offshore Profond 1 15 161 Unknown 1 30
Nigeria OPL332 1 1 258 Unknown 1 45
OPL286 1 804 Unknown 1 66
Norway Southern North Sea 17 1 307 Oil & Unknown 13 Various
North Tampen 10 1 146 Unknown 8 Various
Mid-Norway 29 5 059 Unknown 14 Various
Barents Sea 8 525 Unknown 2 Various
Oman Block 60 1 1 485 Gas 1 100
Areas of Palestinian Authority Gaza Marine 1 2 000 Gas 1 90
Thailand 2/2539/49(7) 2 34 Various 0 22.22
3/2515/7 2 1 921 Various 0 22.22
3/2549/71 1 622 Various 0 22.22
4/2515/8(8) 3 10 420 Unknown 3 50
5/2515/9 1 1 279 Various 0 22.22
Trinidad and Tobago Block 5(a) 1 90 Various 1 50
Block 6(9) 1 525 Various 1 50
Block E 1 50 Gas 1 50
Central Block 1 111 Various 1 65
NCMA-1 1 342 Gas 1 57
Tunisia Amilcar 1 1 016 Unknown 1 50
Miskar 1 320 Various 1 100
Ulysse 1 2 812 Unknown 1 50
Hasdrubal 1 260 Various 1 50
United Kingdom(7) Southern North Sea 22 779 Gas & Unknown 18 Various
Central North Sea 69 4 367 Various & Unknown 34 Various
Onshore 5 500 Gas 0 51
United States(10) Alaska Foothills & Eastern North Slope 446 3 188 401 Unknown 0 37
2
(1) The gross area figures given are approximations only. Gross area figures are in km unless otherwise indicated
SUPPLEMENT
STATISTICAL

(2) The type of field is given as Various where it relates to oil and/or gas and/or condensate or Unknown where the interest is an exploration interest with no discovery
(3) Figures given for Gross area are in hectares
(4) Rosetta Concession comprises 4 Development Leases (Rosetta Exploration Licence expired May 2003)
(5) West Delta Deep Marine Concession comprises 8 Development Leases (WDDM Exploration Licence expired Nov 2006). Applications for the re-shaping of Areas 1-4
and the grant of Area 5 are pending governmental approval
(6) Jointly operated with ONGC and Reliance Industries
(7) Includes part blocks
(8) Area is subject to international boundary dispute – obligations under suspension pending resolution
(9) Block 6, Manatee operated by Chevron Trinidad and Tobago Resources SRL
(10) Figures given for Gross area are in acres

BG Group Data Book 2007

50 LNG Facilities capacity (mtpa)
As at 31 July 2007

EXPORT TERMINALS
BG Group Equity/ Total Capacity Total Capacity
Train Utilisation (%) (mtpa) Gross (mtpa) Net Status

Atlantic LNG 1 26.00 3.1 0.806 Since April 1999

Atlantic LNG 2 32.50 3.4 1.105 Since April 2002
Atlantic LNG 3 32.50 3.4 1.105 Since April 2003
Atlantic LNG 4 28.89 5.2 1.502 Since December 2005
Egyptian LNG 1 35.50 3.6 1.278 Since May 2005
Egyptian LNG 2 38.00 3.6 1.368 Since September 2005
Total operating 7.164

IMPORT TERMINALS
Total Capacity Total Capacity Bcfd
(mtpa) Gross (mtpa) Net Net Status

100% since 1 January 2004

Lake Charles, USA 13.4 13.4 1.80 Phase 2 expansion completed July 2006
100% since 1 January 2004
Elba Island, USA 4.2(1) 4.2(1) 0.57 Elba Cypress pipeline debottlenecking since May 2007
Total operating 17.6 17.6 2.37
Lake Charles IEP 3.9 3.9 0.55 Anticipated 2008
Total planned expansions 3.9 3.9 0.55
In development:
Dragon LNG, Milford Haven, Wales 4.4 2.2 0.30 Anticipated end 2007
GNL Quintero, Chile 2.5(2) 0.0 0.00 Anticipated 2009/2010
Brindisi, Italy 6.0 4.8(3) 0.65 Anticipated end 2010
(4)
Elba Island, USA 4.3 4.3 0.60 Anticipated in service 2014
Total in development 17.2 11.3 1.55

(1) Of which 1.2 mtpa may be utilised by Marathon

(2) BG Group currently holds no terminal capacity in the terminal currently under construction but has the option to acquire capacity if needed to support BG Group’s
downstream market development
(3) BG Group has 80% access. The remaining 20% is for third-party access
(4) Reflects BG Group held capacity only

LNG: Long-term firm supply(1)

Firm Supply Commercial
(mtpa) start-up

Atlantic LNG T2/3 2.1 2003

Nigeria LNG T4/5 2.3 Q1 2006
Egyptian LNG T2(2) 3.5 Q2 2006
Atlantic LNG T4(3) 1.5 Q2 2007
Equatorial Guinea(4) 3.3 Q3 2007
Nigeria LNG T7(5) 2.3 2012
Total firm supply 15.0

(1) Assumes delivery into US East Coast

(2) First cargo lifted in September 2005
(3) First cargo lifted in January 2006
(4) First cargo lifted in May 2007
(5) First cargo expected 2012

LNG Cargoes
Q2 Q1 Year Q4 Q3 Q2 Q1 Year Q4 Q3 Q2 Q1 Year Q4 Q3 Q2 Q1
2007 2007 2006 2006 2006 2006 2006 2005 2005 2005 2005 2005 2004 2004 2004 2004 2004

Actual Cargoes
Lake Charles 46 18 50 12 14 22 2 36 11 8 9 8 59 8 23 16 12
Elba Island 17 15 54 15 16 14 9 50 14 15 11 10 41 11 12 10 8
Re-marketed 8 19 78 23 13 13 29 31 13 7 1 10 18 7 8 2 1
Total 71 52 182 50 43 49 40 117 38 30 21 28 118 26 43 28 21
Managed volumes (trillion
British thermal units)
Sales volumes 184 92 289 74 88 97 30 238 70 63 56 49 276 57 92 77 50
Re-marketed 25 53 223 66 39 32 86 92 39 20 3 30 53 20 24 6 3
Total managed volumes 209 145 512 140 127 129 116 330 109 83 59 79 329 77 116 83 53

BG Group Data Book 2007

LNG Ships 51

AS AT 31 JULY 2007
Name Year built Capacity (bcm)(1) Propulsion Containment Contract

Core fleet Methane Alison Victoria 2007 145 127 ST(2) Mk.III BB(3)
(5+ years) Methane Heather Sally 2007 145 127 ST Mk.III BB
Methane Shirley Elisabeth 2007 145 127 ST Mk.III BB
Methane Jane Elizabeth 2006 145 127 ST Mk.III BB
Methane Lydon Volney 2006 145 127 ST Mk.III BB
Methane Rita Andrea 2006 145 127 ST Mk.III BB
Methane Kari Elin 2004 138 200 ST Mk.III BB
Methane Princess 2003 137 990 ST No.96 TC(4)
Subtotal 8 1 146 952

Additional Neo Energy 2007 149 700 ST Mk.III TC

(0-5 years) Seri Anggun 2006 145 000 ST Mk.III TC
Seri Alam 2005 145 000 ST Mk.III TC
Gracilis 2005 137 000 ST Mk.III TC
Granatina 2003 140 500 ST No.96 TC
Tenaga Empat 1981 130 000 ST No.88 TC
Golar Freeze 1977 125 856 ST Moss TC
Khannur(5) 1977 125 016 ST Moss TC
Gimi 1976 124 886 ST Moss TC
Hilli 1975 124 872 ST Moss TC
Subtotal 9 1 222 814
Total 17 2 369 766

New builds Methane Nile Eagle 2007 145 127 ST Mk. III TC
SHI HN 1607 2008 165 500 DFDE(6) Mk. III TC
SHI HN 1626 2009 165 500 DFDE Mk. III TC
SHI HN 1745 2009 170 000 DFDE Mk. III Owned
SHI HN 1746 2010 170 000 DFDE Mk. III Owned
Total 5 816 127

(1) Capacity – gross 100%

(2) ST – steam turbine
(3) BB – bareboat charter
(4) TC – time charter
(5) Khannur – sub-chartered
(6) DFDE – dual-fuel diesel-electric

Transmission and Distribution

As at 31 December

2006 2005 2004

Throughput (million cubic metres per year)

Net to BG Group 11 925 13 199 13 383
Customers
Comgas 516 000 484 144 454 285
MetroGAS 2 000 000 2 000 000 1 969 794
Gujarat Gas 248 000 200 000 162 479

Power
AS AT 31 JULY 2007
CAPACITY
Operating Net to
Location Name BG Group Equity (%) Operating Total (MW) BG Group (MW)

Italy Serene S.p.A.(1) 100 386 386

Malaysia Genting Sanyen Power (Kuala Langat) 20 760 152
Philippines First Gas Power (San Lorenzo) 40 505 202
Philippines First Gas Power (Santa Rita) 40 1 000 400
UK Premier Power (Ballylumford) 100 1 316 1 316
UK Seabank Power 50 1 130 565
SUPPLEMENT
STATISTICAL

USA Dighton(4) 100 165 165

USA Lake Road(2) (4) 100 785 785
USA Masspower(3) (4) 100 264 264
Cogen – secured capacity Brazil & India – 65 59
Total operational 6 376 4 294

(1) Agreement announced in 2006 to acquire remaining equity in Serene S.p.A., completed February 2007
(2) Agreement announced in 2006 to acquire Lake Road power plant, completed March 2007
(3) Masspower plant acquired May 2007
(4) ISO-NE weighted average annual installed capacity ratings

BG Group Data Book 2007

52 Principal acquisitions, commitments and divestments

ACQUISITIONS (TO 31 JULY 2007)

Announced Details Completion £m

2007
April Acquired Masspower 262 MW power plant, USA May 2007 74
Acquired further 11.45% in Armada and 1.0134% in Everest fields, UKCS March 2007 67
2006
December Acquired Lake Road 805 MW power plant, USA March 2007 351
Acquired further 66.32% stake in Serene S.p.A. power plants, Italy February 2007 80
September Acquired Dighton 175 MW power plant, USA October 2006 47
2005
June Acquired remaining 50% in Brindisi LNG import terminal, Italy June 2005 29
2004
September Acquisition of further 40% stake in Rosetta, Egypt November 2004 120
May Acquisition of exploration block offshore Brazil July 2004 13
March Acquisition of DirectNet April 2004 5
March Acquisition of Aventura Energy Inc May 2004 92
February Acquisition of El Paso Oil and Gas Canada Inc March 2004 189
February Acquisition of Mauritania Holdings B.V. March 2004 74(1)

(1) Includes US$5.1 million contingencies

COMMITMENTS (TO 31 JULY 2007)

Announced Details Completion £m

2007
Exercised options to purchase two new LNG ships 2009/2010 delivery
2004
April Exercised options to purchase four new LNG ships 2007 delivery 349
2003
December Acquired LNG supply, regas capacity and customers at Elba Island, Georgia, USA January 2004 72(2)
October Exercised options to purchase three new LNG ships Second half 2006 delivery 270

(2) Of which US$50 million is deferred and conditional

DIVESTMENTS (TO 31 JULY 2007)

Announced Details Completion £m

2007
May Sale of entire 25% stake in Interconnector (UK) Limited June 2007 165
March Sale of producing assets in Canada – Bubbles, Ojay and Copton/Lynx April 2007 228
January Sale of Mauritania interests January 2007 68
2006
Sale of 37.5% interest in NVGC November 2006 4
June Sale of India Telecoms June 2006 1
2005(3)
Sale of Brazil Telecoms November/December 2005 11
March Sale of entire 50% interest in Premier Transmission Ltd March 2005 26
2004
1.21% in Gas Authority of India Ltd January 2004 32
2003
December Sale of 50% interest in Muturi PSC and related 10.73% interest in the Tangguh LNG project, Indonesia May 2004 142
November Sale of 51% interest in Phoenix Natural Gas December 2003 120
April Sale of package of North Sea assets September 2003 72
March Sale of entire 16.67% interest in the North Caspian PSA April 2005 936

(3) In December 2005, on signing a Master Restructuring Agreement with the other shareholders and creditors of Gas Argentino S.A., parent company of MetroGAS S.A., BG
Group ceased to control these companies and deconsolidated them from that date

Credit Ratings (BG Energy Holdings Ltd)

BG Energy Holdings Ltd (BGEH) is rated by three major credit rating agencies:

Rating agency Long-term rating Date assigned Outlook

Fitch A August 2005 Stable

Moody’s A2 August 2005 Stable
Standard & Poor’s A- June 2002 Stable

BGEH’s objective is to achieve long-term credit ratings equivalent to mid-single A from all the above agencies

BG Group Data Book 2007

Corporate information 53

TOTAL ISSUED ORDINARY SHARE CAPITAL

2006 2005 2004

Shares in issue at year end (millions) 3 464 3 549 3 536

DIVIDEND DATA
Payment Value Announcement Date Ex-dividend Date Record Date Payment Date UK Payment Date USA

Final 1.45p 15 February 2001 25 April 2001 27 April 2001 8 June 2001 18 June 2001
Interim 1.50p 26 July 2001 24 October 2001 26 October 2001 14 December 2001 24 December 2001
Final 1.50p 21 February 2002 24 April 2002 26 April 2002 7 June 2002 17 June 2002
Interim 1.55p 25 July 2002 23 October 2002 25 October 2002 13 December 2002 23 December 2002
Final 1.55p 18 February 2003 19 March 2003 21 March 2003 2 May 2003 12 May 2003
Interim 1.60p 28 July 2003 6 August 2003 8 August 2003 12 September 2003 19 September 2003
Final 1.86p 17 February 2004 14 April 2004 16 April 2004 28 May 2004 7 June 2004
Interim 1.73p 28 July 2004 4 August 2004 6 August 2004 10 September 2004 17 September 2004
Final 2.08p 15 February 2005 30 March 2005 1 April 2005 13 May 2005 20 May 2005
Interim 1.91p 27 July 2005 10 August 2005 12 August 2005 16 September 2005 23 September 2005
Final 4.09p 8 February 2006 29 March 2006 31 March 2006 12 May 2006 19 May 2006
Interim 3.00p 24 July 2006 9 August 2006 11 August 2006 15 September 2006 22 September 2006
Final 4.20p 8 February 2007 11 April 2007 13 April 2007 25 May 2007 4 June 2007
Interim 3.60p 27 July 2007 8 August 2007 10 August 2007 14 September 2007 21 September 2007

INVESTOR CALENDAR
Event Type Date

2007
Q4 and Full Year 2006 Results and Strategy Presentation Presentation 8 February 2007
2006 Final dividend Ex-dividend 11 April 2007
2007 Annual General Meeting Meeting 14 May 2007
Q1 2007 Results Announcement 4 May 2007
2006 Final dividend Dividend Paid (UK) 25 May 2007
Dividend Paid (USA ADR) 4 June 2007
Q2 2007 Results Announcement 27 July 2007
2007 Interim dividend Ex-dividend 8 August 2007
2007 Interim dividend Dividend Paid (UK) 14 September 2007
Dividend Paid (USA ADR) 21 September 2007
Q3 2007 Results Announcement 1 November 2007
2008
Q4 and Full Year 2007 Results and Strategy Presentation Presentation February
2007 Final dividend Ex-dividend April(1)
2008 Annual General Meeting Meeting May(1)
(1)
Q1 2008 Results Announcement May
2007 Final dividend Dividend Paid (UK) May(1)
Dividend Paid (USA ADR) May(1)
Q2 2008 Results Announcement July(1)
2008 Interim dividend Ex-dividend August(1)
2008 Interim dividend Dividend Paid (UK) September(1)
Dividend Paid (USA ADR) September(1)
Q3 2008 Results Announcement November(1)

(1) Provisional dates

Registrars Stock Exchange Information American Depositary Receipts

SUPPLEMENT
STATISTICAL

Lloyds TSB Registrars London Stock Exchange ADR Depositary, JPMorgan Chase Bank
The Causeway, Worthing Ticker symbol: BG.L JPMorgan Service Center, PO Box 3408,
West Sussex SEDOL number: 876289 South Hackensack, NJ 07606-3408, USA
BN99 6DA
New York Stock Exchange +1 800 990 1135 (US toll-free)
Tel: 0870 600 3951 Ticker symbol: BRG.N +1 201 680 6630 (outside USA)
www.shareview.co.uk
Email: bg@lloydstsb-registrars.co.uk One ADR: 5 ordinary shares www.adr.com/shareholder
Cusip number: 55434203 Email: adr@jpmorgan.com

BG Group Data Book 2007

54 Definitions

For the purpose of this document the following definitions apply:

$ US dollar mmbbls Million barrels

£ UK pounds sterling mmboe Million barrels of oil equivalent

bbls Barrels mmbopd Million barrels of oil per day

bcf Billion cubic feet mmcmd Million cubic metres per day

bcfpd Billion cubic feet per day mmscm Million standard cubic metres

bcm Billion cubic metres mmscmd Million standard cubic metres per day

bcma Billion cubic metres per annum mmscf Million standard cubic feet

bcpd Barrels of condensate per day mmscfd Million standard cubic feet per day

BG Group BG Group plc or any of its subsidiary undertakings, MoA Memorandum of Agreement
joint ventures or associated undertakings
MoU Memorandum of Understanding
billion or bn One thousand million
mtpa Million tonnes per annum
boe Barrels of oil equivalent
MW Megawatt
boed Barrels of oil equivalent per day
MWh Megawatt hours
bopd Barrels of oil per day
NGL Natural Gas Liquids
bpd Barrels per day
NGV Natural Gas Vehicle
Btu British thermal units
normal bcm Billion cubic metres of gas at zero degrees Celsius
CAGR Compound Average Growth Rate and at an absolute pressure of 1.01325 bar

CCGT Combined Cycle Gas Turbine PSC/PSA Production Sharing Contract/Production

Sharing Agreement
CNG Compressed Natural Gas
partner An entity with whom BG Group has formed
cm Cubic metre an incorporated or unincorporated association
or joint venture for the purposes of pursuing its
DCQ Daily Contracted Quantity
business activities and the term “partner” in this
DTI Department of Trade and Industry context is not intended to, nor shall be deemed
to, create or constitute a partnership between
EPC Engineering Procurement Construction BG Group and any such entity for the purposes
FEED Front End Engineering Design of the Partnership Act 1890 or any similar law
in any jurisdiction in which such activities may
GSA Gas Sales Agreement be conducted
GW Gigawatts PPA Power Purchasing Agreement
GWh Gigawatt hours SPA Sale and Purchase Agreement
HIIP Hydrocarbons Initially In Place sq km Square kilometres
HPHT High Pressure High Temperature tcf Trillion cubic feet
km Kilometres

BG Group Data Book 2007

Index of assets

Page Page Page

Oman Chile
EXPLORATION AND PRODUCTION
Block 60 24 GNL Quintero 16
FIELDS, BLOCKS, TERMINALS, CONCES-
Thailand UK
SIONS AND LICENCES
Bongkot 23 Dragon LNG 5
Alaska
Gulf of Thailand Blocks 7, 8, 9
Foothills and eastern North Slope 32 USA
and 9A 23
Elba Island 37
Algeria
Trinidad and Tobago Lake Charles 36
Hassi Ba Hamou Perimeter 29
Block 5(a) 33 Providence 37
Bolivia Block 6(b) and 6(d) 33
Block XX Tarija East and West 16 Block E 33 TRANSMISSION
Caipipendi 16 Central Block 34
South America
Charagua 16 Chaconia 34
Bolivia – Brazil Pipeline 17
Itau 15 Dolphin and Dolphin Deep 33
Southern Cross and Gas Link Pipelines 14
La Vertiente 16 East Coast Marine Area (ECMA) 33
Los Suris 16 Hibiscus 34 Kazakhstan
Margarita 15 Ixora 34 Caspian Pipeline Consortium (CPC) 13
Palo Marcado 16 Loran/Manatee 33
UK
Ibibobo-Mistol 16 North Coast Marine Area (NCMA) 34
CATS 9
Poinsettia 34
Brazil Interconnector UK 4
BM-S-9, 10, 11 and 13 17 Tunisia SEAL and SILK 9
BM-S-47, 50, 52 17 Amilcar 31
BT-SF-2 17 Hasdrubal 31 DISTRIBUTION
Tupi 17 Miskar 31
Argentina
Ulysse A & B 31
Canada MetroGAS 14
Hannibal 31
Deep West area of the Western
Brazil
Canada Sedimentary Basin 32 UK and Faroe Islands
Comgas 18
Foothills 32 Amethyst 6
Iqara Gas Natural 18
Northwest Territories 32 Armada 6
Waterton 32 Apollo 8 Egypt
Atlantic/Cromarty 7 Nile Valley Gas Company (NVGC) 27
China
Blake and Blake Flank 7
Blocks 64/11, 53/16 and 41/06 21 India
Buzzard 7
Gujarat Gas Company (GGCL) 20
Egypt Drake 6
Mahanagar Gas (MGL) 20
El Burg and El Manzala 26 Easington Catchment Area (ECA) 8
Mina and Silva 26 Elgin/Franklin and Glenelg 8
POWER
North Sidi Kerir Deep 26 Everest and Lomond 8
Rosetta 26 Fleming 6 Italy
Scarab Saffron 26 Hawkins 6 Serene S.p.A. 11
Simian, Sienna and Sapphire 26 J-Block, Jade, Judy/Joanne 9
Malaysia
Solar, Serpent, Saurus, Sequoia Jackdaw 9
Genting Sanyen 21
and Sienna-Up 26 Jasmine 9
West Delta Deep Marine (WDDM) 26 Maria 9 Philippines
Mercury, Minerva and Neptune 8 San Lorenzo 22
India
SW Seymour and NW Seymour 6 Santa Rita 22
Panna/Mukta and Tapti 19
Whittle and Wollaston 8
UK
Israel and areas of
Premier Power (Ballylumford) 4
Palestinian Authority LIQUEFIED NATURAL GAS
Seabank 4
Med Yavne 28
LIQUEFACTION TERMINALS
Gaza Marine 28 USA
Egypt
Dighton 38
Italy Egyptian LNG Trains 1 and 2 26
Lake Road 38
Po Valley 11
Nigeria Masspower 38
Kazakhstan OKLNG 30
Karachaganak 12
Trinidad and Tobago
Libya Atlantic LNG Trains 1, 2, 3 and 4 35
Area 123 and Area 171 29
REGASIFICATION TERMINALS
Madagascar Italy
Majunga Offshore Profond 29 Brindisi LNG 11
Norway
Bream 10
Nigeria
OPL 332 and OPL286-DO 30
Further information
A decade of delivery Working responsibly
Further information on BG Group can be found
in the 2006 Annual Report and Accounts, and
the 2006 Corporate Responsibility Report on
www.bg-group.com

BG Group BG Group
Annual Report and Corporate Responsibility
Accounts 2006 Report 2006

Annual Report and Corporate Responsibility

www.bg-group.com
Accounts 2006 Report 2006

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