QGC – A BG Group business

Queensland Curtis LNG is a priority project of QGC, a BG Group business.

QGC is a leading Australian coal seam gas explorer and producer focused on developing its reserves for domestic and international supply. The business, founded in 2000, now employs more than 370 people in the development of gas projects, including the Queensland Curtis LNG Project.

QGC’s heartland is Queensland, although the company has acreage in other parts of Australia. In Queensland the business holds interests in more than 40,000 square kilometres of acreage. To date, only a fraction of the total ground under lease has been explored or developed.

The company has dedicated a portion of its coal seam gas reserves to meeting Australia’s energy needs. These reserves are projected to supply about 20% of Queensland’s domestic gas market in 2009.

To complement its gas business, QGC is investigating the beneficial use of the large volumes of water produced in association with coal seam gas.

Following the announcement of an agreed merger in October 2008, QGC became a subsidiary of BG Group.

For further information on QGC, please visit the QGC website.

BG Group

BG Group is a UK-listed energy business with activities in 27 countries.

Headquartered at Reading in the United Kingdom, the company is one of the top 10 companies listed on the London Stock Exchange with a market capitalisation of more than A$74 billion as at May 2009. It employs more than 5,000 people, with more than 60% of its workforce based outside the United Kingdom.

BG Group has operations across the energy sector, particularly in natural gas where it has core skills in every aspect of the gas chain from the reservoir to the burner tip. The company’s liquefied natural gas business has six production trains of liquefaction capacity in Trinidad and Tobago and Egypt and regasification terminals either operating or under construction in Chile and on both sides of the Atlantic.

In 2008 BG Group managed total liquefied natural gas volumes of 13 million tonnes. In comparison, Australia’s total liquefied natural gas exports in 2007-08 were about 15 million tonnes.

The company is also one of the largest independent operators of liquefied natural gas ships, with a core fleet of nine vessels that can increase to more than 20 if required through charters.

For further information on BG Group, please visit the BG Group website