BG Group completes sale of pipeline

LNG Industry, Wednesday, 03 June 2015 16:45

BG Group has completed the sale of its 543 km pipeline network linking natural gas fields with the Queensland Curtis LNG (QCLNG) facility.

The pipeline has been sold to APA Group. The transaction has resulted in gross proceeds for BG Group of approximately US$4.6 billion.

The sale proceeds will be used to reduce net debt and to fund future growth investment.

Adapted from press release by Katie Woodward

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/03062015/completion-of-bg-pipeline-sale-888/

Master Boat Builders delivers tugboat for Gulf LNG partnership

Tuesday 07 April 2026 12:00

Master Boat Builders, Inc. has announced the delivery of the Jill, the second of two identical vessels designed specifically for Gulf LNG operations.

Thursday, 21 May 2015 15:30

QGC has assumed operational control of Train 1 at the Queensland Curtis LNG project, from Bechtel Australia.

Friday, 15 May 2015 15:15

APA Group has responded to comments made by BG Group about the purchase price for the QCLNG pipeline.

Tuesday, 17 March 2015 16:15

APA Group has raised funds to complete the Queensland Curtis LNG Pipeline acquisition.

Wednesday, 10 December 2014 10:00

BG Group has agreed to sell its subsidiary, QCLNG Pipeline, to APA Group for US$5 billion.

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