Oil and gas firm BG Group moves global LNG and oil marketing headquarters to Singapore
Published on Apr 7, 2014 12:43 PM
SINGAPORE - British oil and gas firm BG Group has moved the headquarters of its global liquefied natural gas (LNG) and oil marketing business to Singapore, from its head office in Britain, the company said on Monday.
As part of the move, the firm's president for global LNG and oil marketing Steve Hill has relocated to Singapore, where he will continue to lead the business and run the Singapore office.
"Asia is the world's largest market for LNG and where BG Group already sends the majority of its cargoes," said Mr Hill.
By moving the centre of our global LNG and oil marketing business to Singapore, the heart of the fastest growing LNG region, we are closer to many more of our existing customers and better positioned to develop new and deeper relationships in the region."
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