19 April 2024
Attractive market conditions may prompt BG Group QCLNG stake sale
Publication date: 07 March 2012
Gas Strategies Group
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ISSN: 0964-8496
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Amid reports BG Group is considering the sale of a 15-20% stake in its Queensland Curtis LNG (QCLNG)project in Australia, it seems that now could be an ideal time to sell given the current attractive market conditions. At present there is a general bullishness about the LNG market given the high demand from Asia and the price premium there, while oil prices are also high.