BG Data Book 08

Our vision
Natural gas is our business.

We are a rapidly growing company,
with expertise throughout the gas chain.
We are a leading natural gas company
in the global energy market – operating
responsibly and delivering value to
our shareholders.
We do this by connecting competitively
priced resources to high value markets.
Cover image – Exploration and Production reserves and resources(a) base
CAGR 19% 2005-2007 2007 RESERVES/ Long-term reserves

(mmboe) PRODUCTION* The cover image represents BG Group’s reserves and resource base,
which grew by over 2 billion barrels of oil equivalent during 2007,
an increase of around 25%. This resource base has the potential to
deliver 46 years of production at 2007 rates.
10 046
11 000
10 000
8 017
9 000
46 years
7 071
8 000
7 000
6 000
5 000 30 years Risked exploration
4 000 Un-booked resources
3 000 Probable reserves
16 years
2 000 Proved reserves
1 000 9.3 years *Based on 2007 production of 220.3 mmboe

0 and cumulative reserves/resources.
05 06 07
(a) For an explanation of these terms, refer to page 56.

Generating future growth 1
(a)(b)
Total operating profit E&P production volumes LNG liquefaction volumes
CAGR 34% 1998-2007 CAGR 11% 1998-2007 CAGR 43% 1999-2007
(£m) (kboed ) (mtpa)
3 248
3 103
3 500 700 8
604
601
7.0
6.7
3 000 600 7
2 389
504
6
457
2 500 500
428
5
373
4.1
2 000 400
1 520
298
1 287(c)
280
3.2
240
238
1 500 300
2.8
3
888
823
688
1 000 200
2
1.1
330
0.8
229
0.7
500 100 1
0.4
0 0 0
98 99 00 01 02 03 04 05 06 07 98 99 00 01 02 03 04 05 06 07 98 99 00 01 02 03 04 05 06 07
T&D, LNG, Power and Other

E&P
BG Group – Oil and gas production 2007

Total oil and
gas production
%
UK 27
Egypt 26
Kazakhstan 18
Trinidad and Tobago 10
India 6
Tunisia 5
Thailand 4
Bolivia 3
Canada 1
Total 100
Countries A-Z Page Page Statistical supplement Page

Algeria 22 Madagascar 23 Introduction and legal notices 40
Argentina 34 Malaysia 25 Social and environment data 41
Australia 38 Nigeria 20 Group financial data 42
Bolivia 36 Norway 11 Exploration and Production (E&P) 45
Brazil 31 Oman 21 Liquefied Natural Gas (LNG) 51
Canada and Alaska 37 Philippines 25 Transmission and Distribution (T&D) 53
Chile 35 Singapore 24 Power Generation 53
China and Hong Kong 24 Thailand 19 Corporate information 54
Egypt 13 Trinidad and Tobago 26 Definitions 56
India 16 Tunisia 18
Israel and areas of Palestinian Authority 23 UK Downstream 10
Italy 12 UK Upstream 4
Kazakhstan 8 United States of America 29
Libya 22 Uruguay 35
(a) Including share of pre-tax operating results from joint ventures and associates.
(b) Business Performance – see page 40 for a description.
(c) Restated under IFRS and for IFRIC 4.
BG Group Data Book 2008

2 Group at a glance
Exploration and Production (E&P) Liquefied Natural Gas (LNG)
BG Group explores for, develops, produces and markets gas BG Group is a producer and marketer of LNG. It has
and oil around the world. Around 70% of 2007 production a highly flexible portfolio of LNG and markets LNG
was gas. The Group uses its technical, commercial and gas globally. In 2007, BG Group substantially increased
chain skills to deliver projects at industry-leading cost levels, profitability by targeting the highest value markets.
whilst maximising the sales value of its hydrocarbons.
Main markets and activities Main markets and activities
BG Group’s high performing E&P business is the centre BG Group has the skills and assets to deliver low cost LNG
of gravity for the Group. into high value markets around the world.
Production volumes increased to 604 kboed in 2007. Liquefaction: Egypt; and Trinidad and Tobago
BG Group’s E&P activities achieved top quartile Purchased LNG: Egypt; Equatorial Guinea; Nigeria; and
performance in operating costs compared to its Trinidad and Tobago
industry peers in 2007.
Regasification: Elba Island (USA); and Lake Charles (USA).
Production: Bolivia; Canada; Egypt; India; Kazakhstan;
Thailand; Trinidad and Tobago; Tunisia; and UK.
Performance highlights Performance highlights
Production (kboed) Total operating profit(a) Managed volumes (mtpa) Total operating profit(a)
700
Business Performance(b) Business Performance(b)
16
604
601
13.0
600
£2 387m £521m
504
457
500
9.9
12
400 Total production
6.4
6.4
300 8
200 604 000 boed 4

100
04 05 06 07 04 05 06 07
Outlook Outlook
BG Group net production (kboed) BG Group LNG supply (mtpa)

Egypt
CAGR 6-8% 2005-12 & T&T
1 000 25 OKLNG
& Brass
680-710 kboed 2009
800
20 Australia
600 Nigeria LNG

Train 7
15
400 MEDIUM-TERM LONG-TERM
2007-09 2010-12
200 10
0
2005 2006 2009 2012 5
MEDIUM-TERM LONG-TERM 0
Key projects: Key opportunities: Existing Future
Buzzard Karachaganak Jasmine
Karachaganak Tupi Abu Butabul
Trinidad and Tobago Bongkot South Panna/Mukta expansion Egyptian LNG Train 2 Other term supply
Panna/Mukta/Tapti Dolphin Rosetta
Hasdrubal Bongkot North Hassi Ba Hamou
Atlantic LNG Train 4 Nigeria LNG Trains 4/5
Bream Risked exploration Atlantic LNG Trains 2/3 Equatorial Guinea
(a) Including share of pre-tax operating results from joint ventures and associates. (b) Business Performance – see page 40 for a description.
www.bg-group.com
BG Group manages its business segments
on an integrated regional basis.
3
Transmission & Distribution (T&D)
BG Group’s T&D activities develop markets for natural gas

and provide them with supply from its own and others’
production through transmission and distribution networks.
Main markets and activities
The Group’s T&D businesses are focused on high growth

developing markets – principally in Brazil and India.
EUROPE AND CENTRAL ASIA p4
Transmission and distribution: Argentina; Brazil; India;
and UK.
UK Upstream
Kazakhstan
Performance highlights UK Downstream
Norway
Italy
Customers (‘000s) Total operating profit(a)
Business Performance(b)
1 200
1 000
£247m AFRICA, MIDDLE EAST AND ASIA p13
800
Egypt
600
India
400 Tunisia
Thailand
Mahanagar Gas
200 Nigeria
Gujarat Gas
Comgas Oman
0
04 05 06 07 Algeria
Libya
Israel and areas of
Power Generation Palestinian Authority
Madagascar
China and Hong Kong
Singapore
A large proportion of the worldwide demand for gas is Philippines
attributable to power generation. BG Group develops, Malaysia
owns and operates gas-fired power generation plants.
Main markets and activities AMERICAS AND GLOBAL LNG p26
BG Group has a 4.3 GW portfolio of mostly gas-fired Trinidad and Tobago

power generation. United States of America and Global LNG
Brazil
Power: Italy; Malaysia; Philippines; UK; and USA. Argentina
Co-generation: India. Chile
Uruguay
Bolivia
Performance highlights Canada
Alaska
Australia
Power capacity (GW) Total operating profit(a)
Business Performance(b)
5
4.3
4.1
STATISTICAL SUPPLEMENT
4
£130m Social and environment data
p40
2.8
2.8
3 Group financial data

Exploration and Production (E&P)
2 Liquefied Natural Gas (LNG)
Transmission and Distribution (T&D)
1
Power Generation
Corporate information
04 05 06 07 Definitions

4 Europe and Central Asia
UK Upstream
With interests in more than 20 UK West in 1991. The development’s four

UK: BG Group 3 year production Continental Shelf (UKCS) fields, BG Group offshore platforms are unmanned, with
Total production mmboe (net) has one of the most significant exploration production being controlled via the onshore
and production businesses in the offshore terminal facilities.
59.2
55.6
waters of the UK. BG Group operates: the

54.8
60
Production is exported from the A2D
Armada fields (Fleming, Drake and Hawkins),
platform via a 40 kilometre dedicated
the Maria field and the Seymour field in the
30 inch diameter line to the Easington
45 central North Sea; the Blake and Atlantic
terminal, where it is processed. The
fields in the Outer Moray Firth; and the
Neptune, Mercury, Minerva and Apollo fields average daily rate in 2007 was 53 mmscfd.
30 in the Easington Catchment Area (ECA) in Amethyst gas is sold under a life of
the southern North Sea. During 2007, the field contract.
Buzzard field in the Outer Moray Firth came
Armada/Seymour
15 onstream. Production also commenced at
The BG Group-operated Armada gas
the West Franklin and Maria fields.
condensate fields (Fleming, Drake and
BG Group believes there is significant Hawkins) extend over 31 square kilometres
0
05 06 07 remaining potential in the UKCS and is and span five exploration blocks. Production
actively pursuing opportunities around began in 1997.
Oil & liquids existing infrastructure hubs.
Completed in 2002, the Armada Phase 2
Gas
In addition to the core production hubs drilling programme added a further three
and exploration and appraisal interests on wells, extending the production plateau
the UKCS, BG Group has a 51.18% interest in and lengthening the field life. An average
the Central Area Transmission System (CATS) rate of 82 mmscfd and 2 453 bopd was
offshore pipeline and onshore processing achieved in 2007.
facilities, and a 7.86% stake in the Shearwater
The SW Seymour area of the BG Group-
Elgin Area Line (SEAL).
operated Seymour field (BG Group 57%
PRODUCING ASSETS equity) was appraised successfully and
Amethyst drilled from the Armada platform in 2002.
BG Group has a 24.15% interest in the First production was achieved in March 2003.
BP-operated Amethyst field located in A second well drilled in 2004 into the
the southern North Sea. Amethyst East NW Seymour area was brought on
started production in 1990 and Amethyst production in 2006.
www.bg-group.com
5
The commingled stream of Armada

and Seymour gas is exported via the
CATS pipeline to Teesside. Liquids are
transported through the Forties Pipeline
System (Forties) to the Kinneil processing
plant at Grangemouth.
In March 2007, BG Group completed the
purchase of ConocoPhillips’ 11.45% interest
in the Armada fields, along with an increased
stake in the Everest field. This transaction
CENTRAL ASIA
EUROPE AND
increased BG Group’s shareholding in
Armada to 58.22%.
Atlantic/Cromarty
BG Group has a 75% interest in the Atlantic
field in the Outer Moray Firth. BG Group also
holds 10% in the adjacent Cromarty field. The
fields have been developed with three wells
and a long sub-sea multi-phase flow pipeline,
the Western Area Gas Evacuation System
(WAGES), tied into the Scottish Area Gas
Evacuation (SAGE) terminal at St Fergus.
Production began in 2006, with a plateau
rate of 220 mmscfd.
Blake and Blake Flank
BG Group has a 44% interest in, and is
operator of, the Blake field. The field is
located 100 kilometres from Aberdeen
in the Outer Moray Firth. First production
was achieved in 2001.
The field was developed in two phases. 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 production,
storage and off-loading (FPSO) vessel located
over the Ross field some 9.5 kilometres away.
Development of the second phase, Blake
Flank, was completed and production
commenced from two wells in second half
2003. This sub-sea development is tied back
through the existing Blake facilities to the
Ross FPSO vessel. An average total field
rate of 21 700 bopd was achieved in 2007.
Buzzard
BG Group has a 21.73% interest in the Nexen-
operated Buzzard oil field, located in the
Outer Moray Firth, 100 kilometres north-east
of Aberdeen. The field was discovered in
2001 and came onstream in 2007.
The facilities consist of a complex of three
bridge-linked platforms with oil export via
Forties and gas export via the Frigg system.
Gross capital expenditure for the project
was £1.5 billion.
With total estimated proved and probable
reserves exceeding 600 mmboe, the field is

UK Upstream continued
believed to be one of the largest discovered Elgin/Franklin Area
Partners
PartnersArmada
Armada
(%)
(%) in the North Sea in more than ten years. The Elgin/Franklin high pressure and high
Current production is 220 000 boepd gross. temperature (HPHT) gas condensate fields
are located in the central North Sea. The
During 2008, BG Group and partners
fields began production in 2001.
sanctioned the Buzzard Enhancement
Project which involves the construction A total of 14 wells, six in Elgin and eight in
of an additional processing platform to Franklin, produced at an average rate of
remove hydrogen sulphide and extend 421 mmscfd and 84 000 bopd during 2007.
plateau production beyond 2010. Total operates the Elgin/Franklin fields
in which BG Group has a 14.11% interest.
Easington Catchment Area (ECA)
A separate field, West Franklin, started
The Neptune, Mercury, Minerva, Apollo,
production in third quarter 2007. A further
Wollaston and Whittle gas fields in the
well was drilled and brought into production
BGBG
Group
Group
(operator)
(operator) 58.22
58.22 southern North Sea are collectively referred
in third quarter 2008.
BPBP 18.20
18.20 to as the ECA.
Total
Total 12.53
12.53 The HPHT Glenelg field (BG Group 14.7%),
Neptune and Mercury are BG Group-
Centrica
Centrica 11.05
11.05 in Block 29/4d, started production in March
operated and were developed as the first
2006. The field has been developed through
phase of the ECA project. First production
a single high departure well drilled from the
commenced in 1999.
Elgin wellhead platform.
Partners
PartnersSeymour
Seymour
(%)
(%) The ECA Phase 1 facilities consist of a sub-sea
Elgin/Franklin and Glenelg gas is exported
production system at Mercury, a normally
through SEAL, a common export pipeline
unmanned platform at Neptune, the ECA
shared with the nearby Shell-operated
Riser Tower platform installed adjacent to
Shearwater field, to the onshore gas
the existing BP-operated Cleeton facilities
reception facilities at Bacton in Norfolk.
and pipelines connecting the platforms and
Liquids are exported through Forties to the
production systems.
Kinneil processing plant at Grangemouth.
The Mercury sub-sea wells are tied back Gas and liquids from West Franklin follow
via a manifold and pipeline to the Neptune the same export routes.
platform. The fluids produced from Mercury
Everest and Lomond
are commingled with fluids from the Also situated in the central North Sea are
BGBG
Group
Group
(operator)
(operator) 5757 Neptune production wells before export to the BP-operated Everest and Lomond fields.
Total
Total 2525 Cleeton for final separation, metering and BG Group holds a 59.32% stake in Everest,
Centrica
Centrica 1818 onward transmission through the Southern increased following the purchase in
North Sea Pipeline System to the Dimlington December 2006 of ConocoPhillips’ 1.01%
onshore processing terminal. BG Group holds stake, and a 61.11% interest in Lomond. The
73.33% in Mercury and 79% in Neptune. fields were developed in parallel, with first
Partners
PartnersBlake
Blake
(%)
(%) production in 1993.
Phase 2 of the ECA project consists of the
BG Group-operated Minerva Hub fields, In 2001, two additional wells were added
Minerva and Apollo (BG Group 65%), and to each of Everest and Lomond as part of
the BP-operated Whittle Hub Fields, the four well Phase 2 programme. These
Wollaston and Whittle (BG Group 30.77%). wells extended plateau production levels
Making use of the existing ECA and accessed reserves in South Everest.
infrastructure, the ECA Phase 2 facilities A further Everest platform well was drilled
consist of a normally unmanned platform at and brought into production in 2007.
Minerva and a sub-sea production manifold
at Apollo, tied back to the Minerva platform. A combined average production rate of
The platform exports all production to the 182 mmscfd and 4 036 bopd was achieved
in 2007. Everest and Lomond gas is exported
ECA Riser Tower. The Wollaston and Whittle
BGBGGroup
Group
(operator)
(operator) 44.0
44.0 via the CATS pipeline and is currently sold
Field wells are tied back via a manifold and
Talisman
Talisman 53.6
53.6 under contract to Teesside Power Limited.
Petro
Petro
Summit
Summit 2.42.4
pipeline directly to the ECA Riser Tower. All
The contract expires in September 2008.
production from the Minerva and Whittle
Produced liquids go via Forties to Kinneil.
Hubs is then commingled with Neptune
and Mercury production at Cleeton. First J-Block and Jade
production from the Whittle Hub The ConocoPhillips-operated Judy/Joanne
commenced in 2002, with first production (J-Block) (gas condensate/oil) and Jade (gas
from the Minerva Hub following shortly after, condensate) fields are located in the central
in 2003. A combined average production rate North Sea. BG Group has a 30.5% interest in
of 154 mmscfd was achieved by ECA in 2007. J-Block and a 35% interest in Jade. Production
www.bg-group.com
7
began from J-Block in 1997 and from Jade in gas and condensate at the Moth prospect
2002. The 2007 combined average production within the Upper Jurassic Fulmar reservoir, Partners
PartnersBuzzard
Buzzard(%)
(%)
rate from the fields was 335 mmscfd and immediately south of the Lomond field.
32 800 bopd. An appraisal program is currently
being planned.
Jade was developed using a normally
unmanned wellhead platform and currently BG Group has applied for exploration
produces from six wells. licences in the central North Sea adjacent
to existing acreage positions in the 25th
Production from Jade is exported via a sub-
licensing round. The licence award
sea pipeline to the manned Judy platform
announcement is anticipated in fourth
CENTRAL ASIA
EUROPE AND
where it is commingled and processed with
quarter 2008.
Judy and Joanne production. The combined
gas stream is then exported via the CATS OFFSHORE PIPELINES
pipeline to Teesside and the combined liquids CATS BGBG Group
Group 21.73
21.73
stream exported via Norpipe to the Norsea oil BG Group has a 51.18% interest in the CATS Nexen
Nexen (operator)
(operator) 43.21
43.21
terminal at Teesside. pipeline and terminal, which is operated by PetroCanada
PetroCanada 29.89
29.89
BP. The 404 kilometre 36 inch diameter CATS Edinburgh
Edinburgh OilOil
andand Gas
Gas Limited
Limited 5.16
5.16
The Judy/Joanne fields currently produce offshore pipeline became operational in 1993 Figures
Figures rounded
rounded toto 2 decimal
2 decimal places.
places.
from 16 wells, three of which were brought and now transports gas to Teesside from the
into production in 2006. Everest, Lomond, Andrew, Armada, Seymour,
In 2005 and 2006, BG Group announced Judy/Joanne, Jade, Erskine, Banff and Eastern
two discoveries, Jackdaw and Jasmine, Trough Area Project (ETAP) fields (all in the Partners
PartnersJasmine
Jasmine(%)
(%)
in the central North Sea. Jackdaw is close central North Sea). The pipeline has a peak
to the Jade field and straddles blocks 30/2a gas capacity of around 1 700 mmscfd.
(BG Group’s stake increased in December 2007 Onshore, the CATS Teesside terminal
from 34.4% to 43.1%) and 30/2c (BG Group includes two trains of gas processing
36%). The first appraisal well on Jackdaw equipment for the Armada, Seymour,
completed drilling in second quarter 2008 Erskine, ETAP and Banff fields. Train 1
and will be followed by a second appraisal became operational in 1997, originally
well that is planned to be completed towards for Armada and Erskine, and Train 2 was
the end of 2008. BG Group estimates gross brought onstream in 1998 for ETAP and
reserves from Jackdaw to be between 20 Banff. The total processing capacity of
and 250 mmbbls. the terminal is around 1 200 mmscfd.
BG
BG Group
Group 30.5
30.5
The Jasmine discovery straddles blocks The CATS owners have contracted additional ConocoPhillips
ConocoPhillips(operator)
(operator) 36.5
36.5
30/6 and 30/7a (BG Group 30.5%). business from the Maria and Montrose Eni
Eni 33.0
33.0
BG Group and partners announced a Arbroath fields.
successful well in the Jasmine North
Terrace in February 2008. Further appraisal SEAL and SILK
by sidetracking is in progress. BG Group BG Group has a 7.86% interest in SEAL,
estimates gross reserves from Jasmine a 480 kilometre 34 inch diameter gas
export pipeline to Bacton. The pipeline was
to be between 100 and 275 mmbbls.
completed in 2000 for the Elgin/Franklin
Maria and Shearwater fields. With capacity of
In 2003, BG Group assumed operatorship, around 1 150 mmscfd of NTS-quality dry
on behalf of a consortium with Total and gas, it has been transporting gas since 2001.
Centrica, of the fallow Maria 16/29a-11Y
BG Group also has a 15.98% interest in
discovery. An appraisal well drilled in 2004
the 900 metre 34 inch diameter SEAL
identified and confirmed the viability of
Interconnector Link (SILK) pipeline that
the discovery. Sidetrack drilling then
provides direct access from SEAL into the
confirmed an extension into the adjacent
UK-Continent Interconnector pipeline.
Maria Horst prospect.
In December 2007, production from Maria
began. It is tied back to Armada, with gas
exported via the CATS pipeline to Teesside
and liquids through Forties to the Kinneil
processing plant at Grangemouth.
UKCS EXPLORATION
A central North Sea exploration drilling
campaign has led to the discovery of

Kazakhstan
BG Group has been active in Kazakhstan Production from the Karachaganak field
Kazakhstan: BG Group 3 year production for over 15 years. It is joint operator of the began in 1984 when Kazakhstan was still
Total production mmboe (net) giant Karachaganak gas condensate field part of the Soviet Union. In 1995, a Production
in north-west Kazakhstan, where it has a Sharing Principles Agreement (PSPA) was
60 40 year concession, and is a shareholder signed under which BG Group and Agip
in the Caspian Pipeline Consortium (CPC). (now Eni) took over operatorship of the field
The CPC pipeline links reserves in western in order to halt rapid production decline and
Kazakhstan to the Black Sea, providing
39.6
45 to improve the safety and environmental

36.3
35.0
access to world markets. performance of the facilities.

KARACHAGANAK
30 Texaco (now Chevron) acquired a 20% share
The Karachaganak field, discovered in
in Karachaganak from BG Group and Agip in
1979, is one of the world’s largest gas and
August 1997, and two months later LUKoil
condensate fields. Located in north-west
15 took the 15% share that was formerly held
Kazakhstan, it holds estimated hydrocarbons
initially in place (HIIP) of 9 billion bbls by Gazprom. In November 1997, the FPSA
of condensate and 48 tcf of gas, with was signed (effective 27 January 1998),
0 estimated gross reserves of over 2.4 billion superseding the PSPA and providing for
05 06 07
bbls condensate and 16 tcf of gas. the full development of the field.
Oil & liquids Since the signing of the Final Production The FPSA envisaged a phased development
Gas Sharing Agreement (FPSA) in 1997, the programme, of which the first two phases
Karachaganak partners have made have been completed. Phase II involved
substantial investment in wells, facilities investment to enhance the existing facilities,
and pipelines. In addition to its size, construct new gas and liquids processing
Karachaganak presents the operators and gas injection facilities, work-over more
with formidable challenges due to extreme than 100 wells, construct a 120 MW power
climate swings (+/- 40 degrees centigrade) station and lay a new 650 kilometre pipeline
and the requirement to reinject high to connect the field to the CPC pipeline
pressure sour gas. BG Group’s share of at Atyrau.
production from Karachaganak in 2007
was a record 39.6 mmboe, an increase of 9% Phase II facilities came fully onstream in
compared with 2006. In first quarter 2008, a 2004. Historically, virtually all production
further production record was reached, with was sold into Russia, but now most liquids
BG Group’s share amounting to 11.3 mmboe. are exported (currently around 70%), with
www.bg-group.com
9
some condensate and all raw sales gas BG Group has a 2% equity share in the line
continuing to be sold into Russia. Exports but is entitled to 2.75 mtpa (55 000 bopd) Partners
PartnersKarachaganak
Karachaganak(%)
(%)
are mainly via the CPC pipeline and achieve of CPC initial capacity (around 10% of
international prices that are substantially the total) which, along with other
higher than those secured in the Russian Karachaganak partners’ entitlements, is
market. An additional oil export route, via being used to transport liquids from the
the Atyrau Samara pipeline leading into the Karachaganak field.
Russian Transneft system, subsequently An expansion of the pipeline system to over
became available, and oil exports through 60 mtpa is the next step, and FEED and CPC
this route began in 2006, enabling additional shareholder discussions related to this are
CENTRAL ASIA
EUROPE AND
sales at international prices. ongoing. The first phase of expansion will
The Phase IIM drilling programme, increase BG Group’s preferential capacity
incorporating an additional 16 production rights to 3 mtpa (60 000 bopd), and there
BGBGGroup
Group ( joint operator)
( joint operator) 32.5
32.5
wells, was sanctioned in 2005. A fourth is potential to increase the total gross
Eni ( joint
Eni operator)
( joint operator) 32.5
32.5
capacity of the pipeline to some 67 mtpa
stabilisation train project, sanctioned in Chevron
Chevron 20.0
20.0
(1.5 million bopd) over time. In 2007, liquids
2006, has been expanded to include 13 LUKoil
LUKoil 15.0
15.0
from Karachaganak yielded 7.6 million tonnes
additional wells and a rail export facility
gross (BG Group 2.5 million) at Novorossiysk.
with an initial capacity of 3.8 mtpa. This
First quarter 2008 marked the successful
is expected to increase Western export Shareholders CPC (%)
KPO loading of the 300th tanker, with the
volumes to more than 10 mtpa and develop
loading of some 200 million barrels (gross) BG Group 2.00
gross reserves of 250 mmboe. It is planned
since exports commenced in 2004. Russian Government 24.00
to be onstream in 2009. In 2006, pre-FEED
Kazakh Government 19.00
work for the Phase III development of the
Chevron 15.00
Karachaganak field was completed. Further LUKARCO 12.50
work is now underway, designed to increase ExxonMobil 7.50
liquids and gas production rates and to Rosneft-Shell 7.50
recover additional reserves. The multi-billion Omani Government 7.00
dollar Phase III development is expected to Eni 2.00
increase liquids sales to 16.5 mtpa and gas Oryx 1.75
sales to 16 bcma. KPV 1.75
In May 2007, BG Group and partners agreed

the terms of the Phase III Karachaganak Gas
Sales Agreement with KazRosGaz, a joint
venture between Gazprom and KazMunaiGaz. Karachaganak: Additional export capacity secured
The agreement sets out the commercial
Rail Orenburg
terms governing the sale of gas over a
0 mtpa 8 bcm
15 year period.
3.8 mtpa 16 bcm
CASPIAN PIPELINE CONSORTIUM
The CPC was formed to build a pipeline Atyrau Samara
Orenburg
system to transport oil from western 2 mtpa
4 mtpa
Kazakhstan to the Black Sea near Novorossiysk 3.3 mtpa
in Russia. The pipeline system, which 4 mtpa
commenced operations along its full length
in 2001, consists of a new-build line, new Gas
Karachaganak re-injection
marine terminal facilities near Novorossiysk field
and an upgraded pipeline. The first phase
of the system, known as the Initial
Construction Project (ICP), has a capacity CPC Small Refinery
of 28.2 mtpa (560 000 bopd), all of which 7.6 mtpa* 0.4 mtpa
has been allocated to CPC shareholders. 7 mtpa 0.6 mtpa
However, CPC is able to accept more oil than
initially expected (now in excess of 30 mtpa)
as a result of improved operating efficiency. Stabilised Oil Un-stabilised Oil Capacity 2007
Karachaganak, operating via the Gas Stabilised Planned Capacity

Oil future route 2012
Karachaganak Petroleum Operating
*6.5 mtpa firm capacity plus access to additional capacity.
Company (KPO), began delivering liquids
into CPC in 2004.

UK Downstream
PREMIER POWER LIMITED the equivalent to approximately 6% of

Shareholders
ShareholdersDragon
DragonLNG
LNG(%)
(%) The Ballylumford power station, near Larne, UK gas demand. The Group sells gas on
has a potential maximum capacity of a wholesale basis principally at the NBP
1 316 MW. The power station is gas-fired under long-, medium- and short-term
with dual-fuel capability and is owned and contracts. BG Group is an active participant
operated by Premier Power Limited, a wholly in the NTS entry capacity auctions held by
owned subsidiary of BG Group. The 600 MW National Grid and in the on-the-day
CCGT plant was commissioned in 2003. commodity market and other electronic
trading systems that help shippers balance
SEABANK POWER LIMITED
their daily supply and demand.
Built in two phases, Seabank is a 1 130 MW
CCGT power station near Bristol. It is owned DRAGON LNG
and operated by Seabank Power Limited, a In 2004, BG Group and partners signed the
50:50 joint venture between BG Group and shareholder and other related agreements
BGBG
Group
Group 5050
PETRONAS
PETRONAS 3030 Scottish and Southern Energy. Phase 1 of to develop a LNG import terminal at Milford
4Gas
4Gas 2020 Seabank (750 MW) entered full commercial Haven in Wales. The agreements confirm
operation in 2000 and Phase 2 (380 MW) the ownership of the terminal (BG Group
in 2001. 50%, PETRONAS 30% and 4Gas 20%) and
BG Group’s UK Downstream activities the 20 year arrangements governing the
encompass power generation and energy INTERCONNECTOR (UK) LIMITED
use of capacity rights (BG Group 50%,
marketing. The Group is also jointly In 2007, BG Group sold its 25% shareholding
PETRONAS 50%), allowing BG Group and
developing a LNG import and regasification in Interconnector (UK) Limited. However, PETRONAS to each send out up to 3 bcm
facility at Milford Haven, Wales. BG Group retains both import and export (106 bcf) gas per year, from around 2.2 mtpa
capacity in the pipeline, which runs from LNG. BG Group has contracted pipeline
BG Group purchased Premier Power Bacton in England to Zeebrugge in Belgium.
in 1992 and then converted the plant capacity with National Grid.
to gas. BG Group also has a 50% stake BG Group uses its capacity for long-, Dragon LNG is expected to be operational
in the Seabank power station. medium- and shorter-term sub-lets to third in fourth quarter 2008.
parties and also ships gas to take advantage
BG Group sells gas on a wholesale basis
of market price differentials.
principally at the UK National Balancing
Point (NBP). BG Group also exports gas for ENERGY MARKETING
sale to, and purchases gas for import from, In 2007, BG Group produced 5.4 bcm gas
mainland Europe via the Interconnector. from the UK Continental Shelf (UKCS),
www.bg-group.com
11
Norway
CENTRAL ASIA
EUROPE AND
BG Group entered Norway in 2004, with NORTH TAMPEN Barents Sea, on the Ververis prospect. The
the award of PL297 (Mandarin) in the (6 licences, 5 operated) well was declared a discovery and post-well
North Sea. The Group now has 19 licences A 3D seismic survey was acquired over the analysis is now ongoing. In 2008, a 3D survey
(14 as operator), gained predominantly Plomme prospect (PL372S) in 2006, which was also completed in PL396, which is
through licensing rounds and located in four will be used to determine any future drilling operated by BG Group.
established core areas. In 2007, BG Group plans. A discovery was made on the
started its exploration drilling programme BG Group-operated Jordbær exploration
and drilled and completed three wells, with well (PL373S). One further licence was
the Nucula well in the Barents Sea declared a gained through the award of PL467S in the
technical discovery. In 2008, BG Group made 2007 APA Licence Round, and a 3D seismic
discoveries at Pi North, Ververis and Jordbær. survey will be acquired in third quarter 2008.
SOUTHERN NORTH SEA MID-NORWAY

(5 licences, 4 operated) (5 licences, 4 operated)
This was the entry point into Norway, with BG Group drilled its first commitment
BG Group applying its UK Central Graben well in this area in 2007. In addition, during
expertise and experience to the Norwegian 2007-2008, BG Group completed three large
median line area. Many of the plays being operated 3D surveys. The data will determine
explored in the Norway licences are similar if an exploration well is to be drilled on any
to those developed and matured in the UK. of these licences.
Two operated exploration wells, Orange
BARENTS SEA
and Pi North were completed here in
(3 licences, 1 operated)
2007-2008. Pi North was declared a
BG Group completed its first Barents Sea
discovery. A commitment has been made
well in March 2007 as a participant in the
for the drilling of the high pressure/high
StatoilHydro-operated Nucula well located
temperature Mandarin prospect, scheduled
in PL393. This well is an oil and gas discovery
for 2009.
and post-well work continues to determine
In January 2007, BG Group was awarded the any appraisal requirement. Nucula is located
PL407 licence as operator, which contains less than 50 kilometres from the coast and
the Bream oil discovery. The drilling of an the well was drilled less than a year after the
appraisal well on Bream is scheduled for licence was awarded. In July 2008, BG Group
first quarter 2009. completed its second exploration well in the

Italy
BG Group has been active in Italy since Mediterranean and Atlantic Basins and BG Italia S.p.A. supplies around 2 600 GWh
1992. Italy is a major net importer of gas, the Gulf States. per year of electricity to the grid operator,
a commodity upon which it is becoming GRTN, and 400 000 tonnes of steam,
In February 2007, the Brindisi LNG site
increasingly dependent as the government primarily to Fiat.
was seized in connection with a criminal
focuses on environmentally friendly energy
investigation by Italian authorities into
sources. BG Group seeks to position itself
allegations of improper conduct related
within the Italian market to supply this
to the authorisation process. Construction
rising demand.
work has been suspended since this date.
Current activity in Italy includes: E&P, where
In October 2007, the Italian Government
BG Group holds one exploration permit in the
notified BG Group of the suspension of
Po Valley; LNG, where BG Group is developing
the Authorisation, granted in January 2003,
a LNG import terminal on the south-eastern
for the construction and operation of the
coast; and Power, where BG Group owns and
terminal, pending a new requirement to
operates five co-generation plants.
complete an Environmental Impact
EXPLORATION Assessment (EIA). Brindisi LNG filed the
BG Group has focused recent exploration EIA with the Minister for the Environment
activity in the Po Valley, where the Group in January 2008.
holds one exploration permit. Five
POWER
exploration permits and two exploration
In 2007, BG Italia acquired the remaining
permit applications were sold in 2007.
66.32% of Serene S.p.A. shares from Edison
LNG for €98 million, which increased BG Group’s
BG Group is developing an 8 bcma (6 mtpa) interest in Serene S.p.A. (now BG Italia Power
LNG import terminal in the outer harbour of S.p.A.) to 100%.
the port of Brindisi (BG Group 100%). The EPC
BG Italia Power S.p.A. owns and operates
contract was awarded in 2004. Offsite works
approximately 400 MW of co-generation
began in early 2005, followed by onsite works
at five locations. 100 MW power stations
in second half 2005.
are located at Melfi, Termoli and Cassino,
BG Group will have the rights to 80% of the with 50 MW stations at Sulmona and
capacity in the terminal on a priority basis, Rivalta. The plants have been in operation
whilst the remainder will be subject to for ten years and are located to supply
regulated third-party access. The terminal is steam to Fiat Auto plants and other adjacent
strategically located to receive LNG from the steam offtakers.
www.bg-group.com
Africa, Middle East and Asia 13
Egypt
AFRICA, MIDDLE EAST AND ASIA

Egypt is a core part of BG Group’s global • operatorship of three other concessions
Egypt: BG Group 3 year production portfolio and a cornerstone of its Atlantic offshore the Nile Delta:
Total production mmboe (net) Basin LNG strategy. BG Group is also one – El Manzala Offshore (BG Group 100%);
of the largest investors in Egypt’s natural – El Burg Offshore (BG Group 70%,
80 gas business. PETRONAS 30%); and
– North Sidi Kerir Deep (BG Group 50%,
62.4
BG Group’s activities in Egypt span

PETRONAS 50%);
56.6
60
the gas chain from exploration, through
• production of gas from the Rosetta
development and production, to
Concession supplying the Egyptian
downstream projects in LNG. BG Group’s
domestic market at a DCQ of 345 mmscfd;
35.2
business in Egypt comprises:

40 • production of gas from the Scarab Saffron
• operatorship of two gas-producing fields in WDDM to the Egyptian domestic
areas offshore the Nile Delta: market with a current maximum delivery
20 – the Rosetta Concession obligation of 900 mmscfd, of which
(BG Group 80%, Edison 20%); and approximately 225 mmscfd (reducing to
– the WDDM Concession approximately 150 mmscfd from 2009)
0 (BG Group 50%, PETRONAS 50%); is processed through Damietta LNG
05 06 07
(Union Fenosa JV Co SEGAS). BG Group
and WDDM partner PETRONAS lift the
Oil & liquids
equivalent volume of LNG from the
Gas
Damietta plant;

14 Africa, Middle East and Asia
Egypt continued
• production of gas from the Simian, Sienna Sequoia
and Sapphire fields in WDDM supplying The unitised development of the Sequoia Partners (%)
Egyptian LNG Train 1 at 565 mmscfd and field which lies across the boundary of the
Rosetta Concession*
Egyptian LNG Train 2 at 565 mmscfd; and WDDM and Rosetta concessions was
• major shareholdings in the Egyptian sanctioned in the second quarter 2008. This 80 20
LNG project (Train 1 at 35.5% and Train 2 will be a six well sub-sea development; three
at 38%). wells on each of WDDM and Rosetta will be Rashid Petroleum Company
tied back to existing infrastructure. First gas 50
BG Group undertakes upstream 40 10
is planned for late 2009 with production
development and production activities
used to maintain deliveries to the domestic WDDM Concession
in Egypt through joint operating companies.
and export markets.
In the case of Rosetta, this is the Rashid 50 50
Petroleum Company (Rashpetco) in which WDDM Concession
BG Group has a 40% shareholding, and in BG Group and partners have drilled 21 Burullus Gas Company
the case of WDDM, this is Burullus Gas successful exploration and appraisal wells in
25 50 25
Company (Burullus) in which BG Group WDDM since 1997, discovering 14 gas fields:
has a 25% shareholding. Scarab; Saffron; Simian; Sienna; Sapphire; El Burg Concession*
Serpent; Saurus; Sequoia; SimSat-P1 and
These operating companies are 50% owned 70 30
SimSat-P2. Additional development leases
by the Egyptian state-owned oil company
were granted in 2007 for the Solar; Sienna
Egyptian General Petroleum Corporation
Up; Mina; and, Silva discoveries. BG Group
(EGPC). BG Group and its partners in each
Edison
concession hold the remaining 50%. Scarab Saffron
EGPC
Scarab Saffron started production in 2003
EXPLORATION PETRONAS
and supplies gas to the domestic market
El Manzala Offshore and El Burg *BG Group operator.
and to Damietta LNG. Currently, the
Offshore Concessions
In July 2005, BG Group signed El Burg maximum delivery obligation under
Offshore and El Manzala Offshore concession the domestic GSA is 900 mmscfd. 120 kilometres offshore Idku, near Alexandria,
agreements for the exploration of gas and Under an agreement signed with EGAS in in the Mediterranean Sea. The facilities
oil in the Mediterranean Sea with the 2004, gas has been de-dedicated for five consist of 16 sub-sea wells tied into the
Egyptian Natural Gas Holding Company years from the domestic GSA so that, since existing WDDM gas gathering network
(EGAS). During 2007, processing of 3D February 2005, approximately 225 mmscfd and a shallow water control platform. The
seismic acquired in 2006 was completed, of this gas has been processed through the onshore processing facilities form part of
and environmental and site surveys Damietta LNG plant for a tolling fee. This the Idku Gas Hub where the Egyptian LNG
were undertaken. Exploration drilling on will reduce to approximately 150 mmscfd facilities are located.
El Manzala Offshore and El Burg Offshore from 2009. BG Group and its WDDM partner
commenced in second quarter 2008. WDDM Phase IV
PETRONAS lift the corresponding volume
The WDDM fields have undergone a number
North Sidi Kerir Deep Concession (1.4 mtpa) of LNG. BG Group lifted its first
of development phases to maximise
The North Sidi Kerir Deep concession, cargo from Damietta in March 2005.
hydrocarbon recovery. The latest, Phase IV,
signed in July 2006, covers 1 949 square Scarab Saffron is the first deep water sub-sea brought onstream seven additional wells
kilometres in water depths of approximately development in Egypt. These facilities consist during first quarter 2008. The project
1 000 – 2 000 metres, adjacent to WDDM. of eight sub-sea wells connected to a sub-sea was delivered a month ahead of schedule,
BG Group acquired 3D seismic in 2006. manifold, in turn connected by 24 inch under budget and with an unblemished
UPSTREAM DEVELOPMENT diameter and 36 inch diameter pipelines to safety record of 2.5 million man hours
AND PRODUCTION an onshore processing terminal. Electrical achieved with no lost time injuries. The
Rosetta Concession and hydraulic lines connect the wells to the completion of Phase IV brings the total
Rosetta started production in 2001 and onshore control room. The fields are located number of sub-sea wells in WDDM to 31.
supplies Egypt’s domestic network. In approximately 90 kilometres from the shore
2004, BG Group acquired a further 40% and in water depths of more than WDDM Phase V
interest in Rosetta. 700 metres. Sanctioned in fourth quarter 2007, work to
install booster compression on the Scarab
BG Group sanctioned the Rosetta Phase III Simian, Sienna and Sapphire
Saffron facilities is under way to maintain
field development plan in 2006 and delivered The Simian and Sienna fields produced first
gas supply to the domestic market. First gas
first gas from the project in first quarter gas in 2005, for supply to Egyptian LNG Train
is scheduled to be delivered in 2009.
2008. The project consists of five wells tied 1 at Idku. The Sapphire field produced first
back to the first two phases of Rosetta. gas in 2005, for supply to Egyptian LNG BG Group is currently evaluating future
Phase III is scheduled to be completed in Train 2. The Simian, Sienna and Sapphire phases of WDDM that will extend the
third quarter 2008. fields are located in WDDM approximately current production plateau.
www.bg-group.com
15
DOWNSTREAM PROJECTS Egyptian LNG Company owns both the

Egyptian LNG Egyptian LNG site and common facilities.
BG Group and partners supply Trains 1 and 2 Its sister company, Egyptian Operating
of Egyptian LNG with 565 mmscfd gas each Company for Natural Gas Liquefaction
from the Simian, Sienna and Sapphire fields Projects (Opco) (BG Group 35.5%), undertakes
in WDDM. the operation of all trains. El Beheira Natural
Gas Liquefaction Company (Train 1 Co.)
The 3.6 mtpa output from Train 1 has been
(BG Group 35.5%) owns Train 1 and the
sold to Gaz de France under a 20 year SPA.
Idku Natural Gas Liquefaction Company
First LNG from Train 1 was lifted in May 2005.
(Train 2 Co.) (BG Group 38%) has a different
The 3.6 mtpa output of Train 2 has been ownership structure from Train 1 Co.
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.
The Egyptian LNG facilities, which include

the common facilities such as storage tanks,
loading jetty and utilities, are located in Idku.
The plant produces a total of 7.2 mtpa LNG.
There is sufficient space at the Idku site for
a further four LNG trains. The commercial
structure of Egyptian LNG has been designed
to allow future expansion without the need
to involve all existing partners, and it is
possible that third parties could supply gas
to future Egyptian LNG trains.
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
TRAIN 1
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

Start date 2005
Tolling plant
TRAIN 2
Gas BG Group 38% LNG

PETRONAS 38%
EGPC 12%
EGAS 12%
BG Group 50% BG Group 100%
UPSTREAM LIQUEFACTION OUTPUT DOWNSTREAM

India
BG Group is a key player within the gas fields produced around 45.6 mmboe (gross) –
India: BG Group 3 year production industry in India, with a significant presence representing approximately 10% of India’s
Total production mmboe (net) in both the E&P and T&D segments. total oil and gas production. Gross
BG Group has increased its exposure in production from PMT has doubled in the
16
India’s growing natural gas sector by past five years, since BG Group took over
13.7
developing its upstream position through the management of technical operations.

12
licensing rounds and acquisitions. BG Group’s aim is to maximise recovery from
10.3
BG Group is also actively contributing to the PMT through ongoing field development.
9.4
developing regulatory debate on the further

The Panna infill programme, which involved
8 expansion of downstream markets and is
drilling 26 wells, was successfully completed
interested in exploring further opportunities
in early 2006 and is expected to increase
in each element of the gas chain.
recovery by around 50 mmbbl and 200 bcf
4 UPSTREAM gas. As a part of the first phase of the
In February 2002, BG Group completed approved Expanded Plan of Development
the acquisition of Enron Oil and Gas India (EPOD) for Panna, two wellhead platforms
0
05 06 07 Limited, gaining a 30% participating interest have been installed and development wells
Oil & liquids in the Tapti gas field and the Panna/Mukta are being drilled. First production from EPOD
Gas oil and gas fields. In 2007, the combined was achieved in February 2007. The EPOD for
www.bg-group.com
17
Panna also involves the drilling of 20 wells, of In 2007, GGCL recorded a growth of 10%
which 17 had been drilled by second quarter in gas sales volumes. Volumes increased Partners
PartnersPanna/Mukta
Panna/Mukta
and
and
2008, at a cost of more than US$280 million. in all segments, notably in the industrial Tapti
Tapti
Fields
Fields
(%)
(%)
retail segment by 20%, and the vehicle
The fourth wellhead platform on the south
segment by 49% due to higher conversions
Tapti field came onstream in 2006 to help
to CNG. More than 18 000 vehicles were
maintain a 250 mmscfd production rate. In
converted to run on this cleaner fuel and
August 2007, the next phase of development
GGCL added five CNG stations to its
of the mid-Tapti gas field was completed and
network in Surat. Since the start of 2008,
first gas produced. The new facilities enable
another one has been upgraded taking
the supply of an additional 200 mmscfd of
the total to 26. Investment to enlarge
gas to markets in the western region raising
and upgrade GGCL’s pipeline network
gas production to 450 mmscfd.
and associated infrastructure continued
From April 2005, for a period of three years, throughout 2007 and 2008.
the PMT co-venturers sold the gas produced BGBGGroup*
Group* 3030
In April 2008, following the re-nomination of
from the PMT fields directly into the ONGC*
ONGC* 4040
GAIL as the Government of India nominee to
domestic market. In April 2008, following Reliance
Reliance
Industries*
Industries* 3030
purchase PMT gas production, an agreement
the re-nomination of GAIL (India) Limited *joint
*joint
operator.
operator.
was also entered into with GAIL for it to
as the Government of India nominee to
supply 2.13 mmscmd of gas to GGCL. GGCL
take the entire gas production from the

meets the rest of its gas requirements from
PMT fields, BG Group and co-venturers
other sources.
entered into an agreement with GAIL to Partners
Partnersblock
block
KG-OSN-2004/1
KG-OSN-2004/1
(%)
(%)
supply 17.3 mmscmd of gas from these Mahanagar Gas Ltd
fields as per the terms of the PSC. MGL is based in India’s commercial capital,
Mumbai. It is India’s largest city gas
BG Group has been expanding its position
distribution company in terms of size
in the Indian market via licence rounds and
of customer base. At present, there are 130
farm-ins. In the 2006 NELP VI licensing
CNG outlets, with 637 dispensing points in
round, BG Group acquired a 45% interest
Mumbai, Thane and Mira-Bhayander which
in exploration block KG-OSN-2004/1 in the
serve 186 574 vehicles (as at 30 June 2008).
Krishna Godavari Basin. The shallow water
MGL owns and controls almost
block, which covers an area of approximately
2 543 kilometres of pipeline and is
1 131 square kilometres, is located off the
extending its network beyond Mumbai
east coast of India. Oil and Natural Gas
into the neighbouring cities of Thane, BGBG
Group
Group 4545
Corporation Limited (ONGC) holds the
Mira-Bhayander and Navi-Mumbai. ONGC
ONGC(operator)
(operator) 5555
remaining 55% interest and operatorship
BG Group and GAIL (India) each have a
of the block. The PSC was signed with the
49.75% stake in MGL, with the balance
Government of India in March 2007.
held by the Government of Maharashtra.
In February 2008, BG India signed two Partners
Partnersblock
block
KG-DWN-98/4
KG-DWN-98/4
(%)
(%)
The number of connected domestic
farm-in agreements with ONGC to acquire
customers has risen to 331 203 as at
a participating interest in two deep water
30 June 2008. MGL also supplies natural
blocks off the Indian east coast, subject to
gas to 982 small commercial and industrial
Government approval. Under the terms of
establishments in Mumbai. In 2007, MGL
the agreements, BG Group will acquire a
increased gas sold to 511 mmcm. Further
30% interest in KG-DWN-98/4 block and
expansion of the pipeline network to
a 25% interest in MN-DWN-2002/02 block.
neighbouring towns has continued in 2008.
The Ministry of Petroleum has recently
approved BG Group’s 30% interest in the The Government of India has set up a
KG-DWN-98/4 block. Petroleum and Natural Gas Regulatory
Board (PNGRB), which started functioning
DOWNSTREAM
in October 2007. BG India, GGCL and MGL BGBGGroup
Group 3030
Gujarat Gas Company Limited
have been actively involved with PNGRB in ONGC
ONGC (operator)
(operator) 5555
BG Group has a 65.12% controlling stake
advocacy and formulation of regulations for OilOil
India
India
Limited
Limited 15 15
in GGCL, India’s largest private sector
the midstream and downstream gas sectors.
natural gas distribution company in terms
of sales volume. GGCL currently has more
than 230 000 residential, commercial and
industrial customers, and serves more than
73 000 CNG users. GGCL has been part of
the BG Group portfolio since 1997. The
remaining 34.88% is publicly owned.

Tunisia
Key to operations Key dates

Gas Proposed
1989 Acquired Tenneco assets
pipeline
Oil 1996 Miskar field first production
BG Group- BIZERTE
Gas pipeline operated 2006 Hasdrubal development
block
Oil pipeline plan approved
TUNIS
0 200km 2007 Hasdrubal construction
commenced
TUNISIA
SOUSSE
ALGERIA MEDITERRANEAN SEA
Hannibal SFAX
Hasdrubal Plant Amilcar
under construction Miskar
LA SKHIRA
Hasdrubal
GULF OF GABES Platform
LPG Facility
GABES
under construction Hasdrubal
company, of the Amilcar exploration permit, production plateau. Related projects are
Tunisia: BG Group 3 year production offshore Sfax in the Gulf of Gabès. In 2006, underway to upgrade the production
Total production mmboe (net) BG Group was granted a new extension facilities to process varying compositions
to this permit, which now expires in of gas and to de-bottleneck the facilities.
16
December 2009. CONDENSATE PIPELINE
12.5
12.4
Granted from this permit are the Miskar A 60 kilometre condensate pipeline was
11.9
12 concession (BG Group 100%) and the commissioned in 2007 to transport Miskar
Hasdrubal concession (BG Group 50% condensate from Hannibal to La Skhira port.
and initial operator, ETAP 50%). HASDRUBAL DEVELOPMENT
8 The Hasdrubal development plan was
MISKAR GAS FIELD
BG Group net production in 2007 was approved by the Tunisian government
11.9 mmboe from its Miskar field. Production in 2006. All major contracts have now
4 been awarded and construction continues.
from this concession commenced in 1996.
Gas from the field is processed at the Gross production of around 30 000 boed is
BG Group operated Hannibal plant, expected from this joint project (BG Group
0 21 kilometres south of Sfax, and sold into 50%, ETAP 50%) in 2009. Once production
05 06 07
the Tunisian gas system. BG Group has a commences, BG Group anticipates that it
Oil & liquids Miskar gas sales contract with the Tunisian will be the largest producer of gas, LPG
state electricity and gas company, Société and liquids in Tunisia.
Gas
Tunisienne de l’Electricité et du Gaz (STEG), ULYSSE PERMIT
which gives BG Group the right to supply The Ulysse permit was relinquished in
BG Group is the largest producer of
up to 230 mmscfd on a long-term basis. March 2008 and the two outstanding
gas in Tunisia, the Miskar field supplying
Offshore compression was commissioned obligation wells transferred to the
approximately 40% of the domestic in 2005 to maintain the production plateau Amilcar permit.
gas demand. In addition, BG Group of the field.
holds the Amilcar exploration permit
in the Gulf of Gabès with a surface MISKAR INFILL WELLS
area of 1 016 square kilometres. BG Group is in the process of drilling six wells
as part of the Miskar infill drilling campaign,
AMILCAR PERMIT with completion scheduled for 2009. The first
BG Group is operator and joint permit holder well entered production in December 2007
with Entreprise Tunisienne d’Activités and two more have entered production in
Pétrolières (ETAP), the Tunisian state-owned 2008. These wells will further extend the field
www.bg-group.com
19
Thailand

Production currently derives from Bongkot EXPLORATION
Thailand: BG Group 3 year production North where the DCQ has risen to BG Group is the operator (BG Group 50%)
Total production mmboe (net) 550 mmscfd (from an initial 150 mmscfd) of Blocks 7, 8 and 9 in the Gulf of Thailand,
through a phased development. The field in an area subject to overlapping claims by
12 development consists of a central complex Thailand and Cambodia.
for gas gathering, processing, export and
9.9
9.8
In 2001, a MoU was signed by the

9.3
accommodation; and a condensate

9 Governments of Thailand and Cambodia
floating storage and offloading vessel;
aimed at concluding an agreement for
and it is currently supplied by 20 remote
the exploration and development of
wellhead platforms.
6 hydrocarbons in the overlapping claims
Further development phases are designed area. A Joint Technical Committee is
to extend the life of the field into the next working to agree a mutually acceptable
3 decade. To facilitate this development, basis for resolution.
BG Group, along with its partners in the
Bongkot field, signed two Supplementary
0 Petroleum Concession Agreements in
05 06 07 October 2007 covering Blocks B15, B16 and
B17. The agreements extend Bongkot’s Partners
PartnersBongkot
Bongkot(%)
(%)
Oil & liquids production periods for a further ten years
Gas from the initial expiry dates in 2012 and 2013.
Since January 2007, the partnership has
BG Group’s investment in Thailand is successfully drilled three exploration wells on
focused on upstream activities, including Bongkot North and five exploration wells on
an interest in the large offshore Bongkot Bongkot South. In addition, a number of infill
field, which supplies approximately 18% wells on Bongkot North have been completed.
of the country’s gas demand.
Bongkot South is an important part of the
BONGKOT GAS FIELD development plan and will be developed
BG Group has a 22.22% interest in the independently from existing Bongkot
Bongkot field in the Gulf of Thailand, North facilities. It will comprise a central BGBG
Group
Group 22.22
22.22
which came onstream in 1993. The field processing facility, a quarters platform PTTEP
PTTEP(operator)
(operator) 44.45
44.45
is operated by PTT Exploration and and approximately 13 wellhead platforms. Total
Total 33.33
33.33
Production (PTTEP). First gas is scheduled for 2012.

Nigeria
BG Group commenced business in the May 2006 Nigerian Oil Block natural gas liquefaction facility and
development activities in Nigeria in mid- Mini-licensing round. OPL 286-DO is marine terminal. Additional technical
2004. Nigeria offers the potential for an located in deep water (200 – 1 000 metres) work is being done to optimise the final
excellent strategic fit with BG Group’s gas close to the giant Bonga field, offshore design. BG Group has a 14.25% share in
chain capability and Atlantic Basin position the western Niger Delta. BG Group is the the project. All shareholders will have
in light of its hydrocarbon potential. operator with a 66% participating interest, the right to lift their equity share of LNG.
along with partners Sahara (24%) and
UPSTREAM In 2006, BG Group announced a MoU
Equinox Exploration Limited (10%).
In January 2006, BG Group signed a PSC for with Brass LNG for the acquisition of LNG.
OPL 286-DO contains an existing discovery,
Block OPL 332 with the Nigerian National Volumes are expected to be 1.67 mtpa LNG.
Boi. Exploration and appraisal drilling is
Petroleum Corporation (NNPC), which The proposed agreement will be for 20 years.
expected to commence in 2008 and
resulted in BG Group acquiring a 45% These purchases complement the earlier
continue into 2009.
participating interest in, and operatorship signing of a 20 year SPA for 2.3 mtpa LNG
of, the deep water block. The PSC followed BG Group continues to evaluate further from Nigeria LNG Trains 4 and 5 located
a farm-in agreement with Sahara Energy upstream opportunities in Nigeria. on Bonny Island. Deliveries under this
Exploration and Production Limited (Sahara), agreement commenced in January 2006.
LNG
which now retains a 35% participating
BG Group and its partners are developing In February 2007, BG Group signed a SPA
interest. Other partners with participating with Nigeria LNG for the acquisition of
OKLNG, a liquefaction plant at Olokola,
interests in OPL 332 are the Nigeria 2.25 mtpa of LNG for a 20 year term that
on the south-western coast of Nigeria. In
Petroleum Development Company with 10%, will be produced by Nigeria LNG’s proposed
March 2007, the SHA was signed between
and Seven Energy Nigeria Limited with 10%. Train 7 project in Finima, Bonny Island.
NNPC, Shell, Chevron and BG Group, which
OPL 332 is located in up to 1 000 metres includes the development of the launch
of water. The first phase of the two-part project and any future expansions, and sets
work programme on OPL 332 began in out the governance within the project
2006. Acquisition of 3D seismic on the Block company and the Shareholders’ rights to
was completed in January 2007 and data supply gas and offtake LNG.
processing was completed in January 2008
In April 2007, a groundbreaking ceremony
with the drilling of an exploration well
led by the President of Nigeria took place
targeted for 2009/10.
at the site in Ogun State at which the Free
In March 2007, BG Group signed a PSC and Trade Zone agreement was signed. The
associated downstream MoU for Block OPL OKLNG launch project is two trains, each
286-DO with NNPC. BG Group, together with with a capacity of 6.3 mtpa of LNG, and
Sahara, was awarded licence OPL 286-DO expandable in the future to a multi-train
www.bg-group.com
21
Oman
New information
IRAN
• Abu Butabul appraisal drilling
programme commenced
Key dates
GULF OF 2006 Signed an Exploration and
OMAN Production Sharing Agreement
UNITED
(EPSA) for Block 60
ARAB MUSCAT
EMIRATES
2007 Seismic data acquisition
commenced
First Abu Butabul appraisal
well spudded
ARABIAN
SEA
SAUDI
ARABIA Block 60
Key to operations
Gas Proposed

pipeline
Oil
BG Group-
Gas pipeline operated
block
OMAN
Oil pipeline
0 200km
YEMEN
BG Group holds a 100% interest in, and The Block 60 project marks BG Group’s
operatorship of, Block 60 onshore Oman, entry into the natural gas sector in Oman,
following the signature of an EPSA with with the intention of appraising and
the Government of the Sultanate of Oman commercialising potential reserves
in April 2006. for supply into the domestic market.
The block, which covers almost 1 500 square
kilometres, contains the Abu 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,
BG Group established an office in
Muscat to both deliver the Block 60 work
programme and to act as a regional base
to assess future opportunities in Oman
and other Gulf Cooperation Council States.
In 2007, BG Group commenced acquisition
of seismic data over Block 60, including
both the appraisal area of the Abu Butabul
structure and the exploration area in the
northern part of the block. Acquisition of
3D seismic covering 1 500 square kilometres
was completed in January 2008.
The first appraisal well was spudded in
December 2007 and completed in March
2008. Drilling is planned to continue
throughout 2008 and into 2009, with
eight appraisal wells planned.

Algeria Libya
MEDITERRANEAN SEA
Key to operations
Gas Oil pipeline
ALGIERS
Oil BG Group-
operated
Gas and Oil/ block
Condensate
ALGERIA BG Group
Gas pipeline non-operated
block
TUNISIA 0 600km
MOROCCO
TUNIS
Hassi Ba Hamou
ALGERIA TUNISIA TRIPOLI

TUNISIA
ERIA
ALGERIA EGYPT
ALGERIA
Key to operations
LIBYA Area 123
Block 2
Gas Proposed EGY
Area 123
pipeline Block 1
Oil
BG Group-
Gas pipeline Area 171
operated Blocks 1,2,3,4
Oil pipeline block
0 500km
NIGER CHAD
ALGERIA LIBYA
BG Group entered Algeria through an agreement with In 2005, BG Group was successful in Libya’s second licensing
Gulf Keystone in June 2006 to acquire an interest in the round, acquiring a mix of largely unexplored acreage in both
Hassi Ba Hamou PSC. Following completion of the transaction an established basin and a frontier area.
in December 2006, BG Group has a 36.75% interest in, and is
BG Group was awarded a 100% interest in, and operatorship of,
operator of, the Hassi Ba Hamou block. Gulf Keystone has a
Area 123 Block 1 covering 2 750 square kilometres and Block 2
38.25% interest and the state oil and gas company, Sonatrach,
covering 2 150 square kilometres in Libya’s prolific onshore Sirt
has a 25% interest. The first three year period of the licence
Basin. 3D seismic operations were completed for both areas in
ends in 2008. BG Group and partners have agreed to enter the
September 2007 and BG Group expects to drill a well in each
second two year exploration period and relinquish 30% of the
area in 2008.
block area.
BG Group was awarded a 50% non-operated interest in Area 171,
The Hassi Ba Hamou Perimeter, in central Algeria, consists of five
containing Blocks 1, 2, 3 and 4, covering 11 300 square kilometres
blocks (317b, 322b3, 347b, 348 and 349b) covering approximately
onshore in the frontier Kufra Basin. 2D seismic operations were
18 380 square kilometres and contains the Hassi Ba Hamou gas
completed in September 2007 and the first well is expected to
discovery. Acquisition of 2 047 kilometres of 2D seismic and
spud in 2008.
534 square kilometres of 3D seismic was completed in 2007.
The drilling programme began in December 2007. One appraisal In May 2007, a Joint Announcement of Co-operation was signed
well and two exploration wells have been completed so far. A between the NOC and BG Group, to study optimum solutions
further three exploration and appraisal wells are expected to for supplying natural gas to both domestic and export markets.
be drilled in 2008. The RM-1 exploration well was a gas discovery.
This will be appraised as part of the work programme due under
the second exploration period of the Hassi Ba Hamou Permit.
www.bg-group.com
23
Israel and areas of
Palestinian Authority Madagascar
Key to operations SOMALIA Key to operations

Gas Gas pipeline
BG Group-operated block Oil pipeline
KENYA BG Group
0 50km
non-operated block
0 1000km
TANZANIA
MEDITERRANEAN SEA SEYCHELLES
Majunga Offshore Profonde

Offshore Gaza
Or
ISRAEL
Gaza Marine Med Yavne
MOZAMBIQUE MADAGASCAR
ANTANANARIVO

GAZA
EGYPT
ISRAEL AND AREAS OF PALESTINIAN AUTHORITY MADAGASCAR

BG Group has been active in Israel and areas of Palestinian In 2006, BG Group acquired a 30% interest in the Majunga
Authority since 1996, with current activities focused upon the Offshore Profonde exploration block in Madagascar under
successful commercialisation of its offshore Gaza Marine field. a farm-in agreement with Vanco. BG Group’s partners are
ExxonMobil (50% and operator), SK Energy (10%) and
AREAS OF PALESTINIAN AUTHORITY
PVEP Corp (10%).
Offshore Gaza
BG Group is operator of an exploration licence covering the The block covers around 15 840 square kilometres in deep water
entire marine area offshore the Gaza Strip. Following acquisition (200-3 000 metres) off north-west Madagascar. Believed to be
of over 1 000 square kilometres of 3D seismic data, BG Group oil prone, it forms part of a largely unexplored frontier basin.
drilled two successful wells in 2000 (Gaza Marine-1 and Gaza Technical evaluation is ongoing, utilising 2D and 3D seismic data.
Marine-2). Reserves are estimated to be around 1 tcf. In 2001,
a technical review recommended a sub-sea development and
pipeline to an onshore processing terminal. In 2002, an outline
Development Plan was approved by the Palestinian Authority.
BG Group holds 90% equity in the licence, which would be
reduced to 60% if the Consolidated Contractors Company (its
current 10% partner in the licence) and the Palestine Investment
Fund exercise their options at development sanction.
In December 2007, BG Group withdrew from negotiations with
the Government of Israel for the sale of gas from the Gaza Marine
field to Israel. In January 2008, BG Group closed its office in Israel.
The Group is evaluating options for commercialising the gas.
ISRAEL
Med Yavne licence
BG Group is currently in the process of relinquishing the
Med Yavne licence.

China and Hong Kong Singapore
Key to operations
Gas BG Group-
operated
Oil
Pipeline –
Gas pipeline proposed or
under
CHINA
construction
0 250km MALAYSIA
GUANGZHOU
MACAO HONG KONG
SINGAPORE
YANGPU HAIKOU
DANZHOU
DONGFANG
TERMINAL DONGFANG SUMATRA
SANYA 53/16
64/11
0 250km
Qiongdongnan Basin
CHINA SINGAPORE
BG Group entered China in 2006 following the signing of two BG Group’s Asia Pacific headquarters are located in Singapore.
PSCs with China National Offshore Oil Corp (CNOOC) for deep The office provides leadership and expertise in the fields of
water Blocks 64/11 and 53/16. In 2006, BG Group also signed a legal, finance, tax, exploration, LNG marketing and business
Geophysical Survey Agreement for Block 41/06, offshore China. development in support of projects and investments in the region.
BG Group is the operator of the two PSC blocks and has a 100% In April 2008, the Energy Market Authority of Singapore appointed
interest during the exploration phase. In the event of a commercial BG Group as the aggregator of LNG demand for the Singaporean
discovery, CNOOC has the right to take an interest of up to 51% in market. Under the agreement, BG Group will be responsible for
the newly discovered field. sourcing and supplying up to 3 mtpa of LNG for up to 20 years.
Initial deliveries are expected to begin in 2012 upon completion of
The initial exploration work programme commitment for
the LNG import terminal, which will be located on Jurong Island in
the two PSCs will be carried out in three phases and involves
Singapore. PowerGas Ltd., a wholly owned subsidiary of Singapore
the acquisition of 2D and 3D seismic data and the drilling of
Power Ltd., and Gaz de France will jointly develop, own and operate
exploration wells. A 2D seismic acquisition programme across
this facility.
the two blocks was completed in August 2007. The next phase
involves a 3D seismic programme that commenced in May 2008,
with drilling on the two PSCs expected in 2009/2010.
The two blocks, covering 16 217 square kilometres, are largely

unexplored and, should commercial discoveries be made, are
well placed to supply the high-growth markets of southern China.
Following the acquisition of the required commitment for

2D seismic data over Block 41/06, BG Group relinquished
the acreage in February 2008.
HONG KONG
In June 2008, BG Group signed a LNG Heads of Agreement
with Castle Peak Power Company (CAPCO), Hong Kong.
Under the proposed arrangement, BG Group has agreed

to supply 1 mtpa to CAPCO for a period of up to 20 years to
supply the Hong Kong market. Initial deliveries are expected
to begin in 2013. The LNG will be sourced from BG Group's
global portfolio.
www.bg-group.com
25
Philippines Malaysia
Key to operations
Gas pipeline
Gas LUZON
Oil
Proposed pipeline MANILA PHILIPPINE SEA
0 200km
Santa Rita/ BATANGAS

San Lorenzo
MALAYSIA
SOUTH CHINA SEA KUALA
LUMPUR
MINDORO Genting
Sanyen Power
MALAMPAYA FIELDS

PANAY
SUMATRA
SULU SEA
0 300km
PALAWAN
PHILIPPINES MALAYSIA
BG Group has interests in two gas-fired power generation BG Group has an interest in Genting Sanyen Power, one of
plants, Santa Rita and San Lorenzo, located on the island of Luzon, the country’s main power stations located south of the capital,
80 kilometres south of Manila. The two plants represent over 12% Kuala Lumpur.
of the generation capacity for Luzon Island, including Manila.
GENTING SANYEN POWER
SANTA RITA POWER STATION BG Group was co-developer of this 794 MW combined cycle
Santa Rita power station is owned by First Gas Power Corporation gas-fired power station and retains a 20% interest. Mastika
(FGPC), a 100% subsidiary of First Gas Holdings Corporation Lengenda (a wholly owned subsidiary of Genting Group) owns
(FGHC), in which BG Group has a 40% interest. The remaining 60% and Worldwide Holdings Bhd owns 20%. Genting Sanyen is
60% of FGHC is owned by First Gen Holdings Corporation located in Kuala Langat, 70 kilometres south of Kuala Lumpur, and
(First Gen), a subsidiary of First Philippines Holdings Corporation. began operations in 1995 with a 21 year contract to sell power to
The Santa Rita 1 000 MW power plant entered full operation in Tenaga Nasional Berhad, the Malaysian national power company.
2000. Siemens AG operates the plant on behalf of First Gas. Gas
and condensate purchase agreements were signed in 1997 and,
in January 2002, the plant switched to natural gas operations
when gas became available from the Malampaya field. Electricity
is sold to the Manila Electric Company (Meralco) under a PPA that
is effective until 2025.
SAN LORENZO POWER STATION
BG Group, in partnership with Unified Holdings Corporation
(UHC), a 100% subsidiary of First Gen, developed, financed
and constructed the San Lorenzo power plant. BG Group owns
40% interest in FGP Corp, and UHC owns the remaining 60%
of the San Lorenzo project company. The San Lorenzo plant is
co-located with the Santa Rita power plant and has a capacity of
approximately 500 MW. Siemens AG operates the plant. Gas and
condensate purchase agreements were executed similar to those
for Santa Rita. San Lorenzo entered full commercial operation in
2002, selling power to Meralco under a PPA until 2027.
TRANSMISSION AND DISTRIBUTION
In 2001, FGHC was granted a 25 year franchise to install, own,
operate and maintain a transmission and distribution pipeline
business serving Luzon Island, including metropolitan Manila.

26 Americas and Global LNG
Trinidad and Tobago
Key to operations New information

Gas
• Signed farm-in to Block 5(c) and
Oil ATLANTIC OCEAN began drilling programme
Gas pipeline • Victory and Bounty wells on
BG Group-operated
block
TOBAGO Block 5(c) successful
Poinsettia
BG Group Chaconia
non-operated block Hibiscus NCMA Unit Area Key dates
Ixora
0 100km CARIBBEAN SEA 1996 First Dolphin production
1999 Atlantic LNG Train 1 operational
Petrotrin Refinery Pointe-à-Pierre
PORT OF SPAIN ECMA 2001 Hibiscus platform installed

TRINIDAD Block E
Starfish 2002 Atlantic LNG Train 2 start-up
GULF OFF Block 5(a)
2003 Atlantic LNG Train 3 start-up
PHOENIX PARK
PARIA Block 5(c)
Central Block
Atlantic LNG
Dolphin Deep 2004 Acquisition of Central Block
POINT Dolphin
FORTIN
BEACHFIELD Block 6(b) 2005 Manatee-1 discovery
Atlantic LNG Train 4 start-up
Loran/ 2006 Dolphin Deep onstream
Manatee
Block 6(d)
2007 Agreement signed for
220 mmscfd supply to NGC
VENEZUELA
NCMA full unitisation completed
BG Group has been operating in Trinidad the domestic network. Gas is delivered to
Trinidad and Tobago: and Tobago since 1989, and reinforces its Atlantic LNG through a second offshore
BG Group 3 year production position as a key gas producer in the country. pipeline bringing gas from the Dolphin
Total production mmboe (net) BG Group currently supplies gas to the platform to shore at the Beachfield
domestic market and to Atlantic LNG. In receiving terminal. It then connects to
23.0
22.6
25
2007, two thirds of production was exported NGC’s 76 kilometre onshore Cross Island
as LNG with the remainder going to the Pipeline (CIP) extending from Beachfield
domestic market.
18.0
20 to Atlantic LNG at Point Fortin.

EAST COAST MARINE AREA (ECMA) In May 2007, BG Group signed an agreement
15 The BG Group-operated Dolphin gas field, to supply 220 mmscfd of gas to NGC for up
located 83 kilometres off the east coast to 15 years, commencing in 2009. Drilling of
10
of Trinidad in Block 6(b), commenced five further development wells in the Dolphin
production in 1996. The asset is contracted field to enable delivery of this new supply
to supply 275 mmscfd gas to the National commenced in April 2008.
5 Gas Company (NGC) under a 20 year supply
contract together with 100 mmscfd to In 2005, BG Group and partner Chevron
0 Atlantic Train 3 and 120 mmscfd to Atlantic completed the Manatee-1 well in Block 6(d)
05 06 07 in the ECMA, which indicated gross reserves
Train 4. An additional domestic contract will
start in 2009. of 1.6 tcf. This was a significant gas discovery
Oil & liquids
and demonstrated the extension of the
Gas The gas is produced under a Combined
Loran field from Venezuela into Block 6(d)
Development Plan for the fields in
in Trinidad and Tobago. In March 2007, the
Blocks 5(a), 6 and E. Production is currently
Governments of Venezuela and Trinidad
delivered from the Dolphin field through
eight platform wells and the Dolphin Deep and Tobago signed a Framework Unitisation
field from two sub-sea wells. These wells Treaty for cross-border developments.
were the first sub-sea completions in BLOCK 5(c)
Trinidad and Tobago and came onstream In August 2007, BG Group signed a farm-in
in July 2006. The Dolphin Deep sub-sea agreement with Canadian Superior Energy
facilities are tied back to upgraded facilities Inc. for Block 5(c), 94 kilometres off the east
on the Dolphin platform.
coast of Trinidad. Under the terms of the
ECMA gas is delivered to NGC via a pipeline agreement, BG Group has taken a 30%
to the Poui platform where it connects to working interest in the PSC.
www.bg-group.com
27
The first well of the current three well some 20 kilometres away. An appraisal well
programme completed drilling on the on the Celosia field was completed in 2007, Partners
PartnersDolphin,
Dolphin,Dolphin
DolphinDeep
Deep
Victory prospect in February 2008 and tested in 2008 and the data is currently and
andStarfish
Starfish
– ECMA
– ECMA(%)
(%)
is considered to be a gas condensate under review.
discovery. A second well, Bounty, was
In 2002, BG Group and its partners
spudded in February 2008 and drilled
announced first gas production from the
a separate prospect, approximately
NCMA Hibiscus field into Atlantic Train 2.
3.5 kilometres away from the Victory
NCMA is contracted to supply 240 mmscfd
well. The Bounty well is a gas discovery.
gas to Train 2 for up to 20 years, in addition
NORTH COAST MARINE AREA (NCMA) to 125 mmscfd to Train 3 for the first two
The BG Group-operated NCMA development, years, reducing thereafter to 45 mmscfd.
located 40 kilometres off the north coast Production into Train 3 started in 2003 and
of Trinidad, includes six gas fields: Hibiscus, NCMA has consistently produced at rates
Poinsettia, Chaconia, Ixora, Heliconia approximately 12% above the original DCQ
BGBG
Group
Group
(operator)
(operator) 5050
and Bougainvillea. In 2000, a Unitisation for both Atlantic LNG Trains 2 and 3. NCMA
Chevron
Chevron 5050
Agreement was signed with Petrotrin for started to supply gas to Atlantic LNG Train 4
development of these fields and this was in 2005. The Train 4 supply contract is for
amended in 2007 to allow development approximately 80 mmscfd.
of all accumulations within the NCMA Unit
CENTRAL BLOCK Partners
PartnersHibiscus
Hibiscus– NCMA
– NCMA
(%)
(%)
Area. In December 2000, the Government
BG Group holds a 65% interest and
of Trinidad and Tobago approved the
operatorship of this 111 square kilometre
development of the first three fields. These
block. State-owned company Petrotrin
fields are being developed in up to four
holds the remaining 35% under an
phases to supply gas to Atlantic LNG
Exploration and Production Licence, which
Trains 2, 3 and 4.
was renegotiated and signed in 2006. The
The Hibiscus platform was installed in 2001, discoveries in the block include the currently
in a water depth of 150 metres, together producing Carapal Ridge field, as well as
with a 107 kilometre pipeline from NCMA to Baraka, Baraka East and Corosan.
Atlantic LNG at Point Fortin. De-bottlenecking
BG Group currently supplies 20 mmscfd gas
in 2003 increased the capacity of the pipeline
and approximately 1 000 bopd condensate
to 30% above the original design. BGBGGroup
Group
(operator)
(operator) 45.88
45.88
to Petrotrin, for use in its refinery at Pointe-
Petrotrin
Petrotrin 19.50
19.50
The Ixora prospect was drilled and à-Pierre. Gas is transported via a 12 kilometre
EniEni 17.31
17.31
successfully completed in 2003 as part pipeline that connects to the NGC network.
PetroCanada
PetroCanada 17.31
17.31
of drilling operations on the Hibiscus
A new gas plant with a capacity of
and Chaconia fields.
approximately 65 mmscfd was
The H-4 well was drilled and completed commissioned in September 2007, near
AMERICAS AND GLOBAL LNG

as the first sub-sea well on the north coast the existing production site at Carapal Partners
PartnersCentral
CentralBlock
Block
(%)
(%)
of Trinidad and was successfully brought Ridge. This increased capacity supplies
into production in 2006. Three additional approximately 23 mmscfd to BG Group’s
infill sub-sea wells were drilled and capacity in Atlantic LNG Train 4 in addition
successfully brought into production to the supply to Petrotrin’s refinery.
during December 2006 and January 2007 Pre-sanction studies are currently ongoing
in Chaconia and Eastern Hibiscus as part for the development of the Baraka and
of Phase 3b of the NCMA development. Baraka East discoveries. 3D seismic acquired
The next phases of activity in the NCMA over 85 square kilometres of Central Block
include the development of the Poinsettia area during 2007 is currently being assessed.
field as part of Phase 3c and accessing
Heliconia and Bougainvillea fields as part BGBG
Group
Group(operator)
(operator) 6565
of Phase 3d. These phases involve building Petrotrin
Petrotrin 3535
a new platform, drilling up to six wells from
the platform and one sub-sea well. Topsides
for the new platform are the largest to have
been fabricated locally to date. The sub-sea
well was successfully completed and tested
in 2008. First gas from Phase 3c 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

Trinidad and Tobago continued

ATLANTIC LNG Train 4 is one of the world’s largest liquefaction Atlantic LNG Trains 2, 3 and 4 represent
The Atlantic LNG Company of Trinidad and facilities, with an inlet capacity of circa fully integrated projects for BG Group,
Tobago, in which BG Group is a shareholder, 800 mmscfd of which BG Group and its involving the production and liquefaction
constructed its first LNG plant at Point Fortin, upstream partners supply 28.89%. of gas in Trinidad and Tobago, the shipping
south-west Trinidad which began operating of LNG to the USA and the subsequent
in 1999. The LNG produced from gas supplied to
regasification for onward sale into the
Trains 2 and 3 by BG Group and its partners US market. In 2007, Atlantic LNG supplied
The first train produces 3.1 mtpa LNG which
is sold to BG Gas Marketing (BGGM), a wholly 58% of US imports of LNG.
is sold to markets in the north-east United
owned BG Group subsidiary, under a long-
States, Puerto Rico and Spain. Train 2
term contract for import into the Elba Island
commenced production in 2002 and Train 3
LNG receiving terminal in Georgia, USA.
in 2003, with the additional two trains
producing on average a total of 6.6 mtpa. LNG produced from the BG Group
With the completion of the 5.2 mtpa liquefaction capacity in Train 4 is sold
Train 4 in December 2005, the total LNG under a long-term contract to BGGM for
production capacity of Atlantic LNG is delivery into the US market via the Lake
approximately 15 mtpa. Charles import terminal in Louisiana.
NCMA, ECMA, Central Block and Atlantic LNG: integrated upstream and downstream
GAS SUPPLY LIQUEFACTION OUTPUT LNG PURCHASE
c520 mmscfd (non-BG supply)

Merchant plant
Start date 1999
Gas LNG
TRAIN 1
BG Group 26%
Suez 60%
BP 34%
Gas Natural 40%
Repsol 20%
Suez 10%
NGC 10%
c560 mmscfd
Start date 2002
Gas Tolling plant LNG

TRAIN 2
BG Group 32.5%
BG Group and BG Group 50%
BP 42.5%
upstream partners 50% BP 50%
Repsol 25.0%
c560 mmscfd
Start date 2003

TRAIN 3
BG Group 32.5%
BG Group and BG Group 25%
BP 42.5%
upstream partners 25% BP 75%
Repsol 25.0%
c800 mmscfd
Start date 2006

TRAIN 4
BG Group 28.89%
BG Group and BG Group 28.89%
BP 37.78%
upstream partners 28.9% Other Train 4 partners
Repsol 22.22%
off-take equity entitlement 71.11%
NGC 11.11%
UPSTREAM LIQUEFACTION OUTPUT DOWNSTREAM
www.bg-group.com
29
United States of America and Global LNG
New information
CANADA
• Supply agreements signed with
Hong Kong (CAPCO) and Singapore
Lake Road
• Alliance with Queensland Gas
BOSTON
Company for Queensland Curtis
Masspower
Dighton LNG project. Bechtel appointed to
commence work on FEED study
Key dates
WASHINGTON D.C. 2001 22 year lease signed for
Lake Charles capacity
USA 2003 Secured access to Elba
Elba Island
Island terminal
2006 Two expansions of Lake Charles
increasing capacity to 13.4 mtpa
Lake Charles Dighton power plant acquired
JACKSONVILLE
2007 Lake Road and Masspower
HOUSTON power plants acquired
20 year SPA signed for 2.25 mtpa
GULF OF MEXICO from Nigeria LNG Train 7
MEXICO Cypress pipeline in service giving
0 500km
direct access from Elba Island to
the Florida market
BG Group has been the leading LNG The Agreement became effective in January products such as ethane, propane and
importer to the USA in recent years with 2002 and was extended in 2004 to cover butane from the LNG. The new system will
supply from both equity and third party 100% of the terminal capacity for the term reduce fuel gas consumption by up to 85%,
projects. During 2007, BG Group was of the Agreement. The terminal has access thus enhancing margins, reducing emissions,
responsible for importing around 55% to 15 major intra-state and inter-state natural and providing an additional revenue stream
of LNG delivered into the USA. gas pipelines through the Trunkline Gas from NGL sales expected to start in second
Pipeline system. quarter 2009. As part of the agreement,
BG Group, through its subsidiary companies,
has established this leading position through The Lake Charles facility has undergone Trunkline has also extended BGLS’s rights
a combination of its capacity at the Lake two expansions, the latest of which was as the sole capacity holder by six years
Charles and Elba Island LNG receiving completed in 2006 and increased sustainable until 2029.

terminals, a portfolio of LNG supply contracts, baseload capacity to 1.8 bcfd (with peak ELBA ISLAND
its gas marketing capability and its access capacity of 2.1 bcfd) and added a second Beginning in 2004, BGLS established itself
to shipping. BG Group has the potential unloading berth. All of the capacity of the as the new marketer of regasified LNG at
to build on both its supply and marketing expansions is committed to BGLS. Elba Island in Georgia after taking over
operations in the USA through expansion contracted capacity and long-term LNG
of existing facilities and the pursuit of BGLS entered into a long-term agreement
supply from El Paso in late 2003.
new projects. with Trunkline Gas Company for pipeline
Additionally, BG Energy Merchants (BGEM)
capacity sufficient to meet its increasing
In 2006, BG Group initiated expansion into entered into a long-term transportation
throughput capability at Lake Charles
the US merchant power business as part of arrangement with Southern Natural Gas
from April 2004 onwards. The agreement to construct the Cypress pipeline expansion
its integrated natural gas business, via the
provides for the addition of new pipeline of the Southern Natural Gas Pipeline system
acquisition of the Dighton power plant in
facilities and upgrades of existing facilities. running from Elba Island to Jacksonville,
Massachusetts. With the acquisition of two
additional facilities, Lake Road (Connecticut) The installation of the upgrades in 2005 Florida. Cypress Phases I and II are now up
and Masspower (Massachusetts) in early allows BGLS increased access to the US and running with the ability to supply
2007, the US generation portfolio now has pipeline grid, providing enhanced access approximately 336 000 mmbtud of natural
a capacity of 1 234 MW. to diverse and deep markets. gas to southern Georgia and Florida markets
In 2006, BGLS signed an agreement – the first time that Florida has had direct
LAKE CHARLES
with Trunkline LNG, the owner of the Lake access to natural gas supplies other than
In 2001, BG LNG Services (BGLS), a wholly
from the Gulf of Mexico.
owned BG Group subsidiary, signed a Charles terminal, for upgrades to the facility
22 year LNG Terminalling Service Agreement including an ambient air vapourisation In 2005, Southern LNG, Inc., the terminal
to utilise the capacity of the LNG import system and a natural gas liquids (NGL) owner, announced it will expand the total
facility at Lake Charles, Louisiana, USA. extraction plant to remove higher Btu terminal capacity. In September 2007,

United States of America and Global LNG continued

approval was received from the Federal leading gas and electric utilities, as well as on natural gas or distillate oil. Fuel to Lake
Energy Regulatory Commission for the industrial and wholesale gas merchants. Road is supplied through the Algonquin
expansion of the terminal and construction pipeline system while Masspower is supplied
SHIPPING
of the new Elba Express Pipeline in eastern through the Tennessee Gas pipeline system.
BG Group has a long history in LNG shipping,
Georgia. After the Elba Island expansion, With both plants the primary fuel is natural
having been involved in the development of
BG Group expects to have storage capacity gas with distillate as the back-up fuel. The
both the prototype and the first working LNG
of 8.2 bcf and send-out capacity of 1.2 bcfd. ability to switch fuels gives the plants a
carriers in the industry. BG Group’s activities
The Elba Express Pipeline, approximately commercial advantage over gas-only plants
in this area are primarily directed towards
190 miles of pipeline with a capacity of in the region.
meeting the needs of BG Group projects.
1.2 bcfd, will transport natural gas from
In 2007, BG Group took delivery of four new All three plants’ output is sold into the
Elba Island to markets in the south-eastern
ships – the Methane Alison Victoria, the competitive New England power market.
and eastern USA. The facilities will be
constructed in two phases with the initial Methane Heather Sally, the Methane Shirley
in-service date expected to be early 2010. Elisabeth and the Methane Nile Eagle. Four
new owned ships have been ordered for
LNG SUPPLY delivery over 2009 and 2010. These new ships
BG Group is pursuing a number of options will be larger (170 000 cubic metres) than
to create a diversified supply portfolio for those currently owned, and will be powered
its LNG regasification capacity. These by dual-fuel diesel-electric engines which are
options include buying LNG from third more efficient and produce fewer emissions.
parties as well as from BG Group equity
LNG liquefaction projects. The portfolio has BG Group contracts additional shipping
a variety of contract periods and comprises as required on a short-, medium- and
a mixture of free on board (FOB) – where long-term basis in order to capture
the buyer arranges carriage – and carriage, business opportunities and maintain a
balanced shipping position (see page 52
insurance and freight (CIF) deals.
for further details).
In 2007, BG Group started receiving LNG
STORAGE
cargoes under a 17 year 3.4 mtpa supply
In addition to the significant inherent
contract with Equatorial Guinea LNG.
storage facilities at Lake Charles and
In February 2008, BG Group announced an Elba Island, BG Group will from time
alliance with Queensland Gas Company to time contract for natural gas storage
Limited to explore and develop the coal seam capacity on a seasonal and/or medium-
gas resources in the Surat Basin, south-west to long-term basis to facilitate its
Queensland, Australia. The alliance includes operational and commercial requirements.
pursuing an initial 3 to 4 mtpa LNG facility in
POWER
Queensland to supply Asia Pacific markets.
BG Group entered the north-east US
MARKETING power market in 2006, chosen because
BG LNG Trading (BGLT) in conjunction it is both mature and transparent, with
with the Group’s LNG shipping organisation no dominant incumbents. The first power
is engaged in marketing LNG to buyers station purchased was Dighton, followed
throughout the world. During 2007, BGLT by Lake Road and then Masspower.
remarketed 81 cargoes from their intended
destinations in the USA to higher value The acquisitions, all 100% owned by
markets. The combination of flexible supply, BG Group, represent an important step
shipping capacity and commercial capability in the implementation of the Group’s
contributes towards a strategic advantage integrated US gas marketing strategy.
for BG Group. The assets selected have been chosen
to generate additional synergies from
In 2008, BG Group made its first deliveries BG Group’s existing integrated gas
of LNG to Argentina, Brazil and China. The business. This will be via gas supply,
Group has now delivered to 16 of the 19 plant operations and power marketing.
current LNG importing countries.
Dighton (165 MW) is located in
BGEM markets regasified LNG from Massachusetts and is designed to run
Lake Charles and Elba Island, along with on natural gas, which can be supplied
indigenous gas supplies, to multiple
by BG Group through the Algonquin
intermediary and end-use customers
pipeline system.
via delivery through the USA natural gas
pipeline infrastructure. Sales are made Both Lake Road (805 MW) in Connecticut
under various short-, medium- and long-term and Masspower (264 MW) in Massachusetts
arrangements. BGEM’s customers include are dual-fuel capable plants designed to run
www.bg-group.com
31
Brazil
Brazil is the central part of BG Group’s South BG Group has an equity position in the
Partners
PartnersTupi
Tupi
(BM-S-11)(%)
(BM-S-11)(%) America strategy. 2007 was a pivotal year Bolivia-Brazil Pipeline (BBP).
for BG Group in Brazil, with significant
EXPLORATION
drilling success in the Santos Basin where
In 2003, BG Group entered the Second
the Group has seven offshore exploration
Exploration Period for the non-operated
licences. In 2008, BG Group encountered BM-S-9, 10 and 11 blocks in the deep water
two new discoveries: Guara on BM-S-9 Santos Basin (greater than 2 000 metres
and Iara on BM-S-11, extending its drilling water depth). In 2006, the Parati well in
success in the pre-salt play in this basin. BM-S-10 (BG Group 25%) and the Tupi
The Group also has one licence onshore well in BM-S-11 (BG Group 25%) were both
(in São Francisco Basin, Minas Gerais State). declared as discoveries. In 2007, the Carioca
BG Group has a controlling stake in well on BM-S-9 (BG Group 30%) was
Companhia de Gás de Sâo Paulo (Comgas), declared a discovery and the Tupi appraisal
BGBG
Group
Group 2525
Brazil’s largest gas distribution company. well, Tupi Sul (BM-S-11), confirmed the 2006
Petrobras
Petrobras
(operator)
(operator) 6565
Comgas has over 570 000 customers in São Tupi discovery.
Petrogal
Petrogal 1010
Paulo. The concession area has a population
of over 29 million and Comgas anticipates
continued growth opportunities in future.

Brazil continued
Tupi is a large structure with significant The Saleta B Deep well (post-salt gas;
Partners
PartnersBM-S-9
BM-S-9(%)
(%) reserves potential requiring further appraisal BM-S-47, BG Group 50%) reached Total
drilling and evaluation. Initial estimates by Depth in April 2008. BG Group has a
BG Group are that Tupi could contain from further two commitment wells to drill
12 billion boe to more than 30 billion boe as part of the BM-S-47 licence and is
gross hydrocarbons initially in place. currently assessing further prospects.
Commercialisation of the Tupi discovery is BG Group anticipates drilling to commence
receiving highest priority by BG Group and on the Corcovado complex (BM-S-52;
operator Petrobras. Implementation of an BG Group 40% and operator) in first
extended well test (EWT) as well as a Pilot quarter 2009.
Project were sanctioned in 2008. The Tupi
consortium is currently undertaking further BOLIVIA-BRAZIL PIPELINE (BTB)
evaluation of the field under an Evaluation With total capacity of 30 mmcmd, the
BGBG
Group
Group 3030 Plan approved by the National Petroleum BTB is 3 150 kilometres long, of which
Petrobras
Petrobras
(operator)
(operator) 4545 2 593 kilometres is in Brazil. The project
Agency of Brazil (ANP). Initial production
Repsol
Repsol
YPF
YPF
Brasil
Brasil
S.A.
S.A. 2525 was developed through two different
from the EWT is expected in 2009 with
companies: Gas Transboliviano (GTB), which
gross production of 10-20 000 bopd. A pilot
owns and operates the assets in Bolivia, and
production project is expected to commence
Transportadora Brasileira Gasoduto Bolivia
in late 2010, with initial production estimated
Effective
Effective
shareholders
shareholders
BTB
BTB
(%)
(%) Brasil (TBG), which owns and operates the
to be up to 100 000 bopd.
Brazilian portion of the pipeline. Operation
In April 2008, operator Petrobras contracted of the two pipelines is co-ordinated through
three sixth generation rigs from Seadrill, an Interconnection Agreement.
which should guarantee availability of rig BG Group participates in TBG through
capacity to drill and complete the anticipated BBPP Holdings, together with El Paso and
eight additional Tupi Pilot Project wells, as Total. BG Group’s one-third equity in BBPP
well as several appraisal wells on the Carioca, Holdings represents a 9.67% interest in TBG.
Guará and Iara discoveries, by 2011. BG Group holds a 2% interest in GTB.
In BM-S-9, the Guará well was announced BG Group has an effective overall interest
as a discovery in June 2008, the second of 7.65%, although this does not represent
one within this concession area. In a direct equity holding, as GTB and TBG are
BGBGGroup
Group 7.65
7.65
September 2008, BG Group announced the two separate entities. Construction of the
Petrobras
Petrobras 40.46
40.46
pipeline was completed in 2000, opening
Transredes
Transredes 22.27
22.27 completion of drilling on the Iara well in
the Brazilian energy market to Bolivian
El El
Paso
Paso 7.65
7.65 the BM-S-11 concession and estimated gross
gas reserves.
Ashmore
Ashmore Energy
Energy 7.42
7.42 recoverable volumes to be 3-4 billion boe.
Shell
Shell 7.42
7.42 Evaluation Plans for the Carioca and Guará COMGAS
Total
Total 7.12
7.12 discoveries have been approved by the Summary of Comgas 2007 results:
Figures
Figures rounded
roundedtoto
2 decimal
2 decimal
places
places
and
and regulator ANP and the Evaluation Plan
is a
is result
a result
ofof
adding
addingGTB’s
GTB’s
and
and
TBG’s
TBG’s
• 6.5% increase in the total volume
for Iara is expected to be filed during fourth
equity
equity positions
positions of gas sales
quarter 2008.
• 5.7% increase in industrial segment sales
In July 2004, BG Group acquired a 100% • 8.8% increase in gas sales to natural gas
operated interest in the BM-S-13 exploration vehicle (NGV) market
Effective
Effective
shareholders
shareholders
Comgas
Comgas
(%)
(%) block in the shallow water (100 – 200 metres • 535 kilometres of network expansion
water depth) Santos Basin. In 2005, Repsol BG Group has a majority interest in Comgas,
farmed into BM-S-13 for a 40% interest. In Brazil’s largest gas distribution company.
May 2006, BG Group completed its first two Comgas is listed on the São Paulo stock
operated wells in the block and in September, exchange with a free float of 21.8%.
BG Group entered the third and final two
year Exploration Period and acquired 3D At end 2007, Comgas had 5 255 kilometres
seismic to fulfil the commitments. of pipelines covering 66 municipalities
and supplied gas to 989 industrial,
In October 2005, BG Group’s exploration 8 563 commercial and 562 175 residential
portfolio was further extended following customers in the state of São Paulo.
success in the 7th Annual Brazil licensing Additionally, Comgas supplied 384 NGV
BGBG
Group
Group 60.04
60.04 round. Three licences were awarded in the filling stations and 18 customers in the
Public
Public 21.80
21.80 offshore Santos Basin (BM-S-47, BM-S-50 thermo generation and co-generation
Shell
Shell 18.16
18.16 and BM-S-52) and one onshore licence was market. Comgas has increased its average
awarded in the São Francisco Basin in Minas daily volume from 3.0 mmcmd in 1999 to
Gerais State (BT-SF-2). 13.9 mmcmd in 2007.
www.bg-group.com
33
Comgas increased its total net income by OTHER BUSINESS

3.7% to BRL 443 million in 2007 and invested Iqara Gas Natural, launched in 2001, provided Comgas volumes (bcma)
BRL 397 million. compression services to the rapidly growing
Brazilian NGV market. Iqara Gas Natural was 5
BG Group and Shell have been the majority
sold in July 2008 to Dickens Investments LLC,
shareholders in Comgas since April 1999,
a US subsidiary of the Natixis private equity 4
when the state-owned power generation
utility, Companhia Energética São Paulo, company. At the time of sale, there were
3
sold its controlling stake in Comgas. 61 Iqara Gas Natural CNG service
Integral Investments paid BRL 1 653 million stations, primarily located in the states
2
(US$988 million) for 62.7% of the company, of Rio de Janeiro and São Paulo.
which in turn was controlled by BG São Paulo BG Group, through Iqara Energy 1
Investments B.V. (96%) and Shell Gas B.V. Services, has provided energy solutions
(4%). Shell incorporated part of its previously (co-generation, peak shaving electric power 0
held direct shareholding in Comgas into 05 06 07
generation, chilling and heat generation)
the controlling consortium. After execution
tailored to clients’ specific needs using Thermal
of the Shareholders’ Agreement, Integral
natural gas as the primary fuel. By the end Co-generation
Investments holds 71.9% of the company,
of June 2008, a total equivalent to 22.2 MW NGV
in which BG São Paulo Investments B.V.
were in operation and another 27.2 MW Commercial
and Shell Gas B.V. hold 83.5% and
were under construction. In July 2008, Residential
16.5%, respectively.
BG Group sold Iqara Energy Services to Industrial
The Comgas concession is a 30 year Ecogen, (a holding company set up by
franchise, with a potential for a further Geriba Investimentos, a Brazilian private
20 years. The concession area contains equity group, and Iqara management).
7.7 million households and is in the Financial and operating summary
industrial heartland of Brazil, accounting – Comgas
for about 25% of Brazil’s GDP. The current 2007 2006 2005
business focus continues to be the Revenue

(£ million) 810.4 738.6 532.0
connection of higher margin commercial
EBIT
and residential customers.
(£ million) 206.9 186.2 147.0
The concession contract requires a tariff Customers at
review every five years. The first, concluded year end (‘000) 572 517 485
in 2004, defined the overall level and Sales volume
(mmcm) 5 032 4 773 4 346
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 this review, Comgas has invested
approximately BRL 1.5 billion. AMERICAS AND GLOBAL LNG
Comgas purchases gas at prices indexed
to a basket of oil-related fuels. Brazilian
gas supplies from Petrobras of 3.5 mmcmd
are contracted until December 2012. 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 2007 and are
contracted until July 2019. Comgas has
two further gas supply contracts with
Petrobras: a firm energy contract
(1.0 mmcmd until December 2012) and
an interruptible contract (up to 1.5 mmcmd
until December 2010).
On 15 May 2008, a new supply agreement
for 0.65 mmcmd was agreed between
BG Group’s gas marketing arm, BG Comercio,
and Comgas to replace an earlier agreement
that needed to be restructured as a result of
changes to the Bolivian regulatory regime.

Argentina, Chile and Uruguay
ARGENTINA this process still remains uncertain. As a was not obtained and on 15 May 2008,
MetroGAS result, in March 2002, MetroGAS and its GASA received a notification from its
MetroGAS is the largest natural gas holding company – GASA – suspended creditors Marathon Master Fund Ltd.
distribution company in South America. payments on all of its financial debt. In and Marathon Special Opportunity Master
BG Group acts as technical operator. November 2003, MetroGAS launched a Fund Ltd. informing that they wished to
debt-restructuring plan. terminate the 2005 restructuring agreement.
MetroGAS supplies around two million
The creditors based their termination notice
customers in the city of Buenos Aires, and In May 2006, MetroGAS reached a successful
on the argument that closing was not
in 2007 delivered 7.9 bcm gas through over outcome of the debt-restructuring process,
achieved within the timeframe provided
16 000 kilometres of pipeline. The company with a 95% level of consent from its creditors,
for in the restructuring agreement,
distributes approximately 23% of the total increased to 99.5% by December 2006,
resulting in the non-fulfilment of certain
natural gas supplied by the nine distribution following several court rulings.
conditions precedent.
companies in Argentina.
In December 2005, GASA reached agreement
As a result, BG Group and its partners in
In January 2002, the Argentine government with its creditors for a comprehensive
GASA are currently evaluating the course
declared what it called a state of ‘public restructuring, subject to regulatory and
of action that they will follow with respect
emergency’, forcing the re-negotiation local competition authority approvals.
to GASA’s debt.
of public utility contracts. The ‘Public The agreement would have reduced
Emergency Law’ has been extended up BG Group’s interest in GASA and led to
to 31 December 2008, thereby extending the deconsolidation of MetroGAS from
the renegotiation of the MetroGAS licence BG Group’s accounts in 2005. However,
concession. The timing and outcome of the local competition authority approval
www.bg-group.com
35
CHILE URUGUAY
Quintero LNG BG Group is operator with a 40% share in MetroGAS
MetroGASeffective
effectiveshareholding
shareholding(%)
(%)
In March 2007, BG Group and partners the Southern Cross Pipeline (SCP) linking
incorporated GNL Quintero S.A. and Punta Lara in Argentina to Montevideo.
executed the shareholders’ agreement.
The pipeline became operational in 2002
GNL Quintero S.A. is building and will
at the start of a 30 year concession period.
operate and own a 2.5 mtpa LNG import
terminal to be located in Quintero Bay, Through its holding in Dinarel, BG Group
110 kilometres from Santiago. holds a 25.5% interest in Gas Link, a
40 kilometre gas pipeline connecting the
The regasification plant will include two
SCP to the Argentine transportation network.
160 000 cubic metre LNG storage tanks
and will have an initial send-out capacity
of 340 mmscfd on a sustainable basis
BGBG
Group
Group 6.86.8
and 510 mmscfd on a peaking basis, the
Gas
Gas
Argentino
Argentino
S.A.
S.A.
(GASA)*
(GASA)* 70.0
70.0
equivalent of approximately 40% of the
Retail
Retail 13.2
13.2
country’s demand for natural gas. Following
Former
FormerGas
Gas
deldel
project sanction, BG Group and the partners Estado
Estado
employees
employees 10.0
10.0
awarded the EPC contracts to Chicago
Bridge & Iron Company in June 2007. * GASA
* GASA(BG
(BG
Inversiones
Inversiones
Argentinas
Argentinas
54.67%;
54.67%;
YPFYPF
Inversora
Inversora
Energética
Energética
45.33%)
45.33%)
BG Group’s partners in GNL Quintero S.A.
have secured capacity rights in the terminal
and have arranged to off-take the gas via
21 year agreements with 1.7 mtpa LNG Shareholders
ShareholdersGNL
GNLQuintero
QuinteroS.A.
S.A. (%)
(%)
supplied by BG Group from its supply portfolio.
GNL Quintero S.A. is progressing with
the construction of the terminal, which
is scheduled to be completed during
third quarter 2010, with early operations
scheduled for end second quarter 2009.
In August 2008, GNL Quintero S.A.
achieved financial closing of a US$1.11 billion
non-recourse project financing facility that
will finance 85% of the investment. BG Group
acts as a co-lender for 40% of this financing. BGBG
Group
Group 4040
ENAP
ENAP 2020
Endesa
Endesa 2020

Metrogas
Metrogas
S.A.
S.A.
ofof
Santiago
Santiago 2020

Bolivia
Key to operations Key dates

Gas
1998 Margarita discovered
Oil 1999 Itau field discovered
Gas pipeline Purchased Bolivian assets
BG Group- from Tesoro
operated block
Charagua 2004 First production from Margarita
BG Group Early Production Facility
non-operated block
2005 New hydrocarbons law passed
0 100km
in May
Caipipendi
2006 Supreme Decree (No. 28701/6)
on Nationalisation issued
BOLIVIA
New Operations
La Vertiente
Contracts signed
TARIJA
VILLAMONTES
XX Tarija East
2007 New contracts approved
by Congress in April and
XX Tarija West
XX Tarija East became effective in May
Los Suris Successful drilling of Huacaya X-1
well in Caipipendi Block
PARAGUAY
2008 Declaration of Commerciality
ARGENTINA on Huacaya discovery
Bolivian production represented around 2.5% NON-OPERATED BLOCKS

Bolivia: BG Group 3 year production of Group production in 2007. Gas and liquids Caipipendi
Total production mmboe (net) are delivered to the National Oil Company, BG Group has a 37.5% share in this Block,
YPFB, from fields in the La Vertiente, Los Suris which contains the large Margarita gas
10 and Caipipendi blocks to supply Brazilian, condensate field lying in the 874 square
Argentine and domestic markets. kilometre Margarita exploitation area.
Following discovery in November 1998,
7.5 100% OPERATIONS first production from Margarita began in
Following the acquisition in 1999 of Tesoro
6.2
December 2004 under an interconnection

5.5
Bolivia Petroleum Company’s assets, BG Group

5.3
agreement with Petrobras for the temporary

5.0 continues to hold and operate (100%) three use of its gas and liquids lines. The Caipipendi
exploitation and retention licences containing block also contains several large gas
six fields. condensate exploration leads and prospects.
2.5 La Vertiente On the northern part of this block a new
The 375 square kilometre La Vertiente discovery was made at the end of 2007
exploitation block contains the La Vertiente, after successful drilling of the Huacaya X-1
0 Escondido and Taiguati gas condensate fields. well by BG Bolivia and partners. In 2008,
05 06 07
Production from these fields is processed at this partnership issued a Declaration of
the La Vertiente plant and the natural gas Commerciality in respect of this discovery.
Oil & liquids
Gas and stabilised condensate are delivered to XX Tarija West
YPFB for subsequent marketing. Production BG Group has a 25% interest in the XX Tarija
from La Vertiente began in 1978 and from West block, which contains the Itau gas
BG Group, through its subsidiary BG Escondido in October 1989. condensate field currently in retention.
Bolivia, has interests in six exploration and
Los Suris Charagua
exploitation licences. BG Bolivia operates The 50 square kilometre Los Suris exploitation
three gas areas which include six fields and BG Group has a 20% interest in the 992 square
block contains the Los Suris gas condensate kilometre Charagua Block, which contains the
holds a participating interest in another field which began production in 1999. Itatiqui Retention Area.
three areas, which include two of the largest Production from this field is processed
discovered natural gas condensate fields in at the La Vertiente plant.
the country, Margarita and Itau.
XX Tarija East
Following congressional approval in May Two discovered gas condensate and oil fields,
2007, new Operations Contracts became Ibibobo and Palo Marcado, in XX Tarija East are
effective replacing the Shared Risk Contracts. held as Retention Areas awaiting development.
www.bg-group.com
37
Canada and Alaska
CANADA In April 2007, BG Group sold its production

Canada: BG Group 3 year production BG Group’s Canadian exploration activities assets in the Bubbles, Ojay and Copton/Lynx
Total production mmboe (net) are focused in Alberta and British Columbia. areas of the Western Canadian Sedimentary
BG Canada currently holds 77 860 net Basin for £228 million. The Group’s 50%
4 hectares in the Foothills and Deep West interest in Waterton was retained.
3.5
area of the Western Canadian Sedimentary

3.3
ALASKA
Basin. Exploration activities are focused in
In Alaska, BG Alaska has interests in over
3 the northern and central foothills and the
2.3 million gross acres in the eastern North
Wild River Basin. BG Canada also holds
Slope (ENS) and the foothills of the North
interests in 245 679 net hectares in the
Northwest Territories. Slope areas.
2
In 2006, BG Group signed a Participation
In 2005, BG Group acquired two licences
(EL 429 and EL 432) in the Colville Lake area of Agreement for a 33.33% interest in
0.9
1 the Mackenzie Valley, Northwest Territories, 2.1 million acres in the Foothills area
about 700 miles north-west of Yellowknife. of the Alaskan North Slope. Equal partners
BG Group has a 75% interest and is operator. are Anardarko (operator) and Petro-Canada.
0
05 06 07 In 2005, BG Group acquired a 100% interest Alaska’s North Slope has estimated
in a 1 280 hectare licence and a 50% interest discovered reserves in excess of 17 billion
Oil & liquids in a 768 hectare licence in the Waterton area barrels of oil and 35 tcf of gas. In 2006,
Gas of south-east Alberta. In 2006, BG Group BG Group signed a further Exploration
acquired a 100% interest in an 18 000 hectare Agreement to acquire a 40% interest in
licence in the Robb Lake area of north-east 208 000 acres of land along Alaska’s ENS.
British Columbia. Partners are Anardarko with 50% (operator)
and Arctic Slope Regional Corporation with
In May 2007, BG Group acquired two further
10%. The acreage is located on the coastal
licences, EL 444 (BG Group 100%) and EL 445
plain near the Prudhoe Bay field, which has
(BG Group 75% and operator) in the Colville
produced over 10 billion barrels of oil.
Lake area of the Northwest Territories.
Further acreage was also acquired in Alberta Drilling and seismic activities are being
and British Columbia. carried out in both of these areas.

Australia
In February 2008, BG Group announced an The LNG project involves the construction
alliance with Queensland Gas Company of a 380 kilometre pipeline to the port of BG Group/QGC Partnership (%)
Limited (QGC), a leading coal seam gas Gladstone, additional pipeline capacity to
CSG assets(a)
company supplying the Queensland market. link nearby CSG resources and development
BG Group acquired a 20% interest in QGC’s of the LNG terminal. 20 80
coal seam gas assets in the Surat Basin,
In July 2008, the LNG project was awarded
south-west Queensland, and a 9.9% stake in Pipeline
‘Significant Project Status’ by the Queensland
QGC for a total consideration of £316 million. 50 50
Government, a move that triggers
BG Group will also acquire a further 10%
environmental impact assessment under
interest in such coal seam gas and other LNG plant*
Queensland and Australian Government
assets with the earlier of either the
legislation. Bechtel has been appointed 70 30
certification of proved and probable reserves
to commence work on the FEED study.
of 7 000 petajoules (PJ) (c7 tcf) or the final
LNG offtake
investment decision approving the budget In June 2008, QGC announced that its
for the construction of a LNG export facility. proved and probable (2P) reserves of coal 100
seam gas in the QGC/BG Group assets
The companies are co-operating in the
increased from 1 317 PJ to 2 415 PJ. Proved, BG Group
exploration and development of onshore
probable and possible (3P) reserves have QGC
coal seam gas acreage that will supply the 70 30
risen from 3 116 PJ to 7 163 PJ. *BG Group operator
domestic market and a new LNG production
(a) BG Group interest will rise to 30% subject
and export facility. BG Group’s alliance with In September 2008, QGC announced a to certain conditions.
QGC is pursuing a LNG facility on the central further increase in 2P reserves to 2 703 PJ. 3P
Queensland coast to supply Asia Pacific reserves stand at 7 103 PJ. The focus of drilling
markets. The Queensland Curtis LNG project since the last upgrade has been on the
is being designed to initially supply 3-4 mtpa development of 1P and 2P reserves.
of LNG, with potential expansion up to
12 mtpa subject to additional gas reserves.
www.bg-group.com
Statistical supplement 39
CONTENTS
40 Introduction and legal notices
Social and environmental data

41 Environment
41 Our people
41 Conduct
41 Society
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

reserves of oil

and probable reserves
47 Operating statistics
47 Drilling activity
48 Field interests
49 Licence and block interests
LNG
51 Facilities capacity
51 Long-term firm supply
52 Cargoes
52 Ships
Transmission and Distribution

53 Operating statistics
Power Generation
53 Capacity
Corporate information
54 Principal acquisitions,
commitments and divestments
54 Credit ratings
55 Issued share capital

SUPPLEMENT
STATISTICAL
and dividend history
55 Investor calendar
Definitions
56 Definitions
57 Index of assets

40 Introduction and legal notices
INTRODUCTION LEGAL NOTICES EXPLANATORY NOTE FOR US INVESTORS

Financial and operating statistics Steps have been taken to verify the RELATING TO GAS AND OIL RESERVES
This financial and operating information information contained in this Data Book AND RESOURCES
includes extracts from the BG Group and, unless otherwise indicated, is BG Group continues voluntarily to use the
Annual Report and Accounts 2007 believed to be accurate as at 31 July 2008. SEC definition of proved reserves to report
and quarterly results statements. However, neither BG Group plc nor any of proved gas and oil reserves. For further
Reference to these reports will assist in its subsidiary undertakings, joint ventures details of BG Group’s proved reserves
the understanding of the figures in this or associated undertakings or their as at 31 December 2007, and related
document. The financial information in respective directors, partners, employees supplemental gas and oil information, see
this document is unaudited and is not or agents make any representation or
Supplementary information – gas and oil,
intended to be the statutory accounts warranty, express or implied, or accepts any
included on page 121 of the BG Group
of BG Group plc. responsibility, with respect to the accuracy
ARA. This Data Book may also contain
or completeness of the information in
Business Performance additional information about other BG
this document.
‘Business Performance’ excludes Group gas and oil reserves and resources
disposals, certain re-measurements Certain statements included in this Data that would not be permitted in SEC filings.
and impairments, and exclusion of these Book contain forward-looking information For an explanation of terms used in
items provides readers with a clear and concerning BG Group’s strategy, connection with such additional reserves
consistent presentation of the underlying operations, financial performance or and resources information, refer to page 56.
operating performance of the Group’s condition, outlook, growth opportunities
ongoing business. or circumstances in the countries, sectors
or markets in which BG Group operates.
For further explanation of Business
By their nature, forward-looking
Performance and the presentation
statements involve uncertainty because
of results from joint ventures and
they depend on future circumstances,
associates, please refer to the
presentation of non-GAAP measures and relate to events, not all of which are
on page 140 of the BG Group Annual within BG Group’s control or can be
Report and Accounts 2007. predicted by the BG Group. Although
BG Group believes that the expectations
Translation into US Dollars reflected in such forward-looking
Some of BG Group’s financial figures statements are reasonable, no assurance
in Sterling have been translated into can be given that such expectations will
US Dollars. The average rate for each prove to have been correct. Actual results
period has been used when translating could differ materially from those set out
the income statement and cash flow in the forward-looking statements. For a
statement. These translations should detailed analysis of the factors that may
not be construed as representations that affect our business, financial performance
the Sterling amounts actually represent
or results of operations, we urge you to
such US Dollar amounts or could be
look at the “Risk Factors” included on
converted into US Dollars at the rate
pages 42 to 45 of the BG Group Annual
indicated or any other rate.
Report and Accounts 2007 (“BG Group
ARA”). Nothing in this Data Book should
be construed as a profit forecast, and no
part of these results constitutes, or shall
be taken to constitute, an invitation or
inducement to invest in BG Group plc or
any other entity, and must not be relied
upon in any way in connection with
any investment decision. BG Group
undertakes no obligation to update
any forward-looking statements.
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
www.bg-group.com
Social and environmental data 41
ENVIRONMENT
The environment data represents 100% of the direct emissions, discharges and wastes from:
x E&P operations where BG Group is designated as the ‘operator’; and
x 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%).
In addition, the figures include 50% of the direct emissions, discharges and wastes from KPO, our joint-operated venture in Kazakhstan.
Emissions (tonnes) Electricity Distribution Total Total Total t/mmboe t/mmboe t/mmboe
Venting Fugitive Flaring Fuel use generation losses 2007 2006(1) 2005(1) 2007 2006(1) 2005(1)
Carbon dioxide 546 864 2 544 977 2 497 504 4 784 150 1 235 8 374 732 5 216 377 5 486 385 19 735 15 579 16 096
Carbon monoxide 0 0 1 483 4 639 2 794 0 8 916 8 665 39 331 21 26 115
Nitrogen oxides 0 0 732 12 163 5 515 0 18 410 13 590 11 685 43 41 34
Sulphur dioxide 0 0 2 675 8 240 593 0 11 508 9 216 17 197 27 28 50
Methane 6 656 882 1 509 431 624 35 658 45 760 44 825 48 427 108 134 142
Volatile organic compounds 6 458 157 630 296 82 2 889 10 512 10 617 10 467 25 32 31
Greenhouse gases (carbon
dioxide equivalent) 686 636 18 514 582 741 2 526 741 4 836 705 750 059 9 401 936 6 199 205 6 550 543 22 155 18 514 19 217
Discharges to aqueous environments (tonnes) Oil in

process Oil on Oil Process Drill Total Total Total
water cuttings spills water cuttings 2007 2006(2) 2005
209 0 13 4 540 970 22 328 4 563 520 4 381 109 3 867 907
Waste for disposal (tonnes) Drill Total Total Total

Metal General Hazardous Recycled cuttings 2007(3) 2006(4) 2005
1 650 12 629 20 524 3 894 6 708 41 511 54 425 23 534
Energy use (MWh) Total Total Total

Gas Electricity Oil 2007 2006(5) 2005
8 732 176 37 574 2 441 600 11 211 350 9 989 797 8 682 281
(1) Amended from 2005 and 2006 CR Reports to include revised CO2 emissions for diesel vessels
(2) Amended from 2006 CR Report to include BG Trinidad and Tobago drill cuttings data not available at the time of the 2006 Report
(3) 2007 operational waste data for Rashpetco was not available at the time of printing this Report. 2006 waste amounted to 304 tonnes in total
(4) Amended from 2006 CR Report to include additional data from BG Bolivia not available at the time of the 2006 Report
(5) Amended from 2006 CR Report to include additional data from BG Trinidad and Tobago not available at the time of the 2006 Report
OUR PEOPLE
People data refers to direct employees of BG Group (average numbers) 2007 2006 2005
Employees worldwide 4 949 4 665 5 363(6)

Employees based outside UK 3 286 3 030 4 000(6)
Employees working away from home country 582 529 440
Women in management 8% 9% 11%
(6) 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 health and safety data represents 100% of the data from:
x E&P operations where BG Group is designated as the ‘operator’; and
x 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%).
In addition, this includes Dragon LNG, UK, and 100% of the data from KPO, our joint-operated venture in Kazakhstan.
2007 2006 2005
Lost time injury frequency (LTIF) 0.26 0.36 0.51

Total recordable case frequency (TRCF) 1.56 1.66 2.39
Sickness absence 0.83(7) 0.4 0.4
Reported occupational related illness frequency (ORIF) 0.12 0.1 0.1
(7) Increase mainly due to improved data collection methods and reporting in 2007
CONDUCT
2007 2006 2005
Investigations of fraud allegations 6 7 6

Whistleblowing cases 34 24 7
SOCIETY – SOCIAL INVESTMENT

SUPPLEMENT
STATISTICAL
The following data represents 100% of contributions made by wholly owned BG Group businesses and proportional contributions (according to BG Group’s stake)
made by operations and joint ventures where BG Group is a shareholder.
2007 2006 2005
Charitable donations 506 022 426 663 1 064 441

Community investment 1 290 010 1 364 205 1 508 691
Commercial initiatives 1 622 607 1 978 555 808 014
Management costs 459 691 470 966 260 357
Sub-total voluntary contributions 3 878 330 4 240 389 3 641 503
Contractual 1 660 590 1 352 053 3 503 761
Total voluntary and contractual contributions 5 538 920 5 592 442 7 145 264

42 Summarised BG Group annual results
BUSINESS PERFORMANCE
2007 2006 2005(1)
Dated Brent average ($/bbl) 72.39 65.14 54.52

FX rate ($/£) 2.00 1.83 1.83
Henry Hub ($/mmbtu) 6.95 6.74 8.86
BG Group E&P production (mmboe) 220.3 219.2 183.8
Group revenue and other operating income (£ million) 8 330 7 270 5 664
Total operating profit
Exploration and Production 2 387 2 457 1 942
LNG 521 352 181
Transmission and Distribution 247 231 211
Power Generation 130 106 113
(2)
Other activities (37) (43) (58)
Total operating profit on ordinary activities 3 248 3 103 2 389
(3)
Net finance costs (27) (43) (65)
Profit on ordinary activities before taxation 3 221 3 060 2 324
(4)
Tax on profit on ordinary activities (1 385) (1 375) (939)
Profit on ordinary activities after taxation 1 836 1 685 1 385
Minority shareholders’ interest (53) (45) (31)
Earnings 1 783 1 640 1 354
Earnings per ordinary share 52.7p 47.4p 38.2p
Net cash flow from operating activities 2 741 2 381 1 626
Net funds /(borrowings) 25 (103) (30)
Capital investment 2 497 1 847 1 595
Capital investment excluding acquisitions 1 923 1 800 1 566
ROACE after tax (%) 25.8 26.2 22.6
Gearing (%) (0.3) 1.6 0.4
(1) 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
(3) Includes share of joint ventures and associates net finance costs
(4) Includes share of joint ventures and associates tax
www.bg-group.com
Summarised BG Group quarterly results(1) (2) 43
Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1
2008 2008 2007 2007 2007 2007 2006 2006 2006 2006 2005 2005 2005 2005
Dated Brent assumption $/bbl 121.36 96.89 88.45 74.75 68.76 57.76 59.60 69.60 69.59 61.79 56.87 61.63 51.63 47.62
FX rate $/£ 2.00 1.98 2.05 2.02 1.98 1.96 1.90 1.86 1.80 1.75 1.76 1.79 1.87 1.90
Henry Hub $/mmbtu 11.32 8.58 6.92 6.16 7.55 7.16 6.60 6.08 6.54 7.75 12.22 9.82 7.03 6.37
BG Group E&P production (mmboe) 54.7 60.7 59.7 48.7 53.7 58.2 57.2 50.6 55.6 55.8 54.3 41.2 44.6 43.7
– oil volume (mmboe) 7.2 7.9 7.7 6.6 7.4 6.5 5.9 4.3 5.3 5.6 5.5 4.6 4.5 4.7
– liquids volume (mmboe) 9.2 9.3 9.0 8.2 9.7 8.8 8.7 6.9 7.6 7.4 7.8 5.8 8.4 7.7
– gas volume (mmboe)(3) 38.3 43.5 43.0 33.9 36.6 42.9 42.6 39.4 42.7 42.8 41.0 30.8 31.7 31.3
BG Group avg UK gas price pence per produced therm 32.79 38.73 38.36 29.46 23.88 37.03 34.41 25.50 26.20 38.84 38.89 20.10 22.98 24.12
BG Group avg Int’l gas price pence per produced therm 20.43 19.54 16.00 14.54 15.11 16.31 16.69 16.83 17.05 18.4 21.43 17.92 14.16 13.85
Overall BG Group avg gas price pence per
produced therm 22.94 23.87 21.40 16.62 17.00 21.50 21.28 18.52 19.09 23.69 26.11 18.42 16.81 17.48
BG Group avg oil price $/bbl 120.93 98.49 88.59 76.47 69.07 58.13 60.13 71.43 69.76 62.53 58.55 63.02 52.36 48.24
BG Group avg liquids price $/bbl 97.69 81.35 73.48 61.26 56.72 45.57 46.40 57.56 56.79 50.17 47.17 48.23 39.54 33.01
Total operating profit including share of pre-tax
operating results from joint ventures and associates
£ million
Exploration and Production 976 942 763 433 565 626 575 509 647 726 729 419 407 387
LNG 367 395 163 149 88 121 115 65 34 138 81 54 17 29
Transmission and Distribution 55 31 60 67 70 50 53 56 57 65 45 64 56 46
Power Generation 40 38 32 29 31 38 28 16 23 39 35 21 21 36
Other activities(4) (7) (4) (12) (6) (7) (12) (11) (13) (9) (10) (30) (7) (8) (13)
Total operating profit 1 431 1 402 1 006 672 747 823 760 633 752 958 860 551 493 485
Net finance costs(5) 4 (11) (4) (8) (6) (9) (17) (13) (14) 1 (17) (14) (13) (21)
Profit before tax 1 435 1 391 1 002 664 741 814 743 620 738 959 843 537 480 464
Tax on profit on ordinary activities(6) (617) (598) (431) (281) (317) (356) (324) (266) (401) (384) (346) (215) (191) (187)
Profit for the period 818 793 571 383 424 458 419 354 337 575 497 322 289 277
Minority interest (11) (4) (13) (15) (15) (10) (9) (12) (12) (12) 6 (15) (14) (8)
Earnings (BG Group shareholders) (7) 807 789 558 368 409 448 410 342 325 563 503 307 275 269
Earnings per ordinary share 24.1p 23.6p 16.6p 10.9p 12.0p 13.1p 12.0p 10.0p 9.3p 16.0p 14.2p 8.6p 7.8p 7.6p
Net cash flow from operating activities 1 353 1 165 714 486 639 902 577 461 641 702 369 469 378 410
Net funds/(borrowings) 629 506 25 (60) 213 (27) (103) (358) 14 183 (30) (380) (245) (1 095)
Capital investment 950 647 628 504 496 869 549 511 401 386 408 457 415 315
Capital investment excluding acquisitions 634 647 626 504 422 438 502 511 401 386 408 457 386 315
ADDITIONAL INFORMATION: EXPLORATION AND PRODUCTION

Lifting costs ($/boe) 3.72 3.11 3.22 3.60 3.44 2.97 2.88 2.69 2.18 2.08 1.92 2.54 2.10 2.18
– lifting costs (£/boe) 1.87 1.57 1.58 1.78 1.74 1.51 1.51 1.45 1.21 1.19 1.09 1.42 1.13 1.15
Opex ($/boe) 6.47 5.55 5.10 5.50 5.41 4.92 4.82 4.39 3.72 3.82 3.85 4.57 3.82 3.96
– opex (£/boe) 3.24 2.80 2.50 2.73 2.74 2.51 2.53 2.36 2.07 2.18 2.19 2.56 2.04 2.08
Development expenditure (£ million) 406 407 340 310 301 291 201 229 160 131 188 166 174 155
Gross exploration expenditure (£ million) 234 187 181 148 102 105 180 103 103 169 131 65 38 102
– capitalised 180 146 116 83 46 59 129 65 66 136 89 34 15 87
– other expenditure 54 41 65 65 56 46 51 38 37 33 42 31 23 15
(1) All information is prepared under IFRS

(2) BG Group has applied IFRIC 4 from 1 January 2006. Comparative information for 2005 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 do not include fuel gas
(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

44 Segmental analysis(1)
Q2 Q1 Year Q4 Q3 Q2 Q1 Year Q4 Q3 Q2 Q1 Year Q4 Q3 Q2 Q1
£ million 2008 2008 2007 2007 2007 2007 2007 2006 2006 2006 2006 2006 2005 2005 2005 2005 2005
Revenue and other

operating income
Exploration and Production 1 476 1 455 4 039 1 241 829 942 1 027 3 928 1 001 870 984 1 073 3 074 1 093 688 658 635
LNG 1 395 1 336 3 099 788 704 910 697 2 442 675 566 548 653 1 631 771 404 236 220
Transmission and Distribution 327 289 978 266 258 234 220 877 226 224 224 203 808 219 224 196 169
Power Generation 160 139 523 145 140 142 96 248 64 42 50 92 227 59 47 46 75
Other activities(2) 1 2 7 2 2 1 2 8 1 2 2 3 15 5 4 4 2
Intra-group sales (143) (115) (316) (104) (83) (67) (62) (233) (70) (57) (54) (52) (91) (49) (28) (7) (7)
3 216 3 106 8 330 2 338 1 850 2 162 1 980 7 270 1 897 1 647 1 754 1 972 5 664 2 098 1 339 1 133 1 094
OPERATING PROFIT
Group operating profit before
share of pre-tax results of
joint ventures and associates
Exploration and Production 976 942 2 387 763 433 565 626 2 457 575 509 647 726 1 942 729 419 407 387
LNG 331 370 394 125 116 57 96 248 90 40 10 108 70 45 24 (7) 8
Power Generation 17 16 44 11 5 10 18 18 7 (1) 2 10 24 8 1 (1) 16
Other activities (7) (4) (37) (12) (6) (7) (12) (43) (11) (13) (9) (10) (58) (30) (7) (8) (13)
Sub-total Group
operating profit 1 365 1 349 3 001 940 609 684 768 2 870 705 581 696 888 2 147 786 491 437 433
Share of operating profit of
joint ventures and associates
Exploration and Production – – – – – – – – – – – – – – – – –
LNG 36 25 127 38 33 31 25 104 25 25 24 30 111 36 30 24 21
Power Generation 23 22 86 21 24 21 20 88 21 17 21 29 89 27 20 22 20
Other activities – – – – – – – – – – – – – – – – –
Sub-total share of operating
profit in joint ventures
and associates 66 53 247 66 63 63 55 233 55 52 56 70 242 74 60 56 52
Total operating profit 1 431 1 402 3 248 1 006 672 747 823 3 103 760 633 752 958 2 389 860 551 493 485
(1) BG Group has applied IFRIC 4 from 1 January 2006. Comparative information for 2005 has been restated for IFRIC 4. For further detail, please see the
www.bg-group.com website
www.bg-group.com
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, Israel and areas of Palestinian Authority, Kazakhstan, Oman and Thailand,
Rest of the world – Algeria, Australia, 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 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
(1)
Revisions of previous estimates 80 583 145 20 828
Extensions, discoveries and reclassifications 87 – – – 87
Production (223) (515) (170) (92) (1 000)
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
(1)
Revisions of previous estimates 122 469 (192) 25 424
Extensions, discoveries and reclassifications 5 – 159 – 164
Production (192) (465) (191) (90) (938)
Purchase of reserves-in-place 21 – – – 21
Sale of reserves-in-place – (57) – – (57)
(44) (53) (224) (65) (386)
(2)
As at 31 December 2007 1 024 4 562 2 381 1 229 9 196
Proved developed reserves of natural gas:
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
As at 31 December 2007 807 1 897 2 046 822 5 572
(1) Includes effect of oil and gas price changes on PSCs

(2) Estimates of proved natural gas reserves at 31 December 2007 include fuel gas of 632 bcf (31 December 2006 640 bcf; 31 December 2005 534 bcf)
SUPPLEMENT
STATISTICAL

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
mmbbls mmbbls mmbbls mmbbls mmbbls
As at 31 December 2004 164.5 10.9 414.2 45.2 634.8

(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)
(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
(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)
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
(1)
Revisions of previous estimates 31.3 1.9 (47.1) (1.7) (15.6)
Extensions, discoveries and reclassifications 0.3 – 35.7 – 36.0
Production (27.2) (2.8) (31.4) (2.4) (63.8)
Purchase of reserves-in-place 1.0 – – – 1.0
Sale of reserves-in-place – – – (3.5) (3.5)
5.4 (0.9) (42.8) (7.6) (45.9)
As at 31 December 2007 167.2 13.9 287.4 37.9 506.4
Proved developed reserves of oil:

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
As at 31 December 2007 138.9 9.0 223.5 21.5 392.9
(1) Includes effect of oil and gas price changes on PSCs
Exploration and Production: Estimated net proved and probable reserves(2)

DEVELOPMENT STATUS
Gas Oil(3) Total(4)
bcf mmbbls mmboe
As at 31 December 2007
Fields in production 13 415 925 3 161
Fields under development 334 21 76
Fields awaiting development 871 186 331
Total 14 620 1 132 3 568
(2) Gas and oil reserves cannot be measured exactly since estimation of reserves involves subjective judgement. Therefore all estimates are subject to revision
(3) Oil includes crude oil, condensate and natural gas liquids
(4) Conversion rate of 6 bcf gas per mmboe
www.bg-group.com
Exploration and Production: Operating statistics 47
Production volumes (mmboe)

2008 2008 2007 2007 2007 2007 2007 2006 2006 2006 2006 2006 2005 2005 2005 2005 2005
– oil volume mmboe 7.2 7.9 28.2 7.7 6.6 7.4 6.5 21.1 5.9 4.3 5.3 5.6 19.3 5.5 4.6 4.5 4.7
– liquids volume mmboe 9.2 9.3 35.7 9.0 8.2 9.7 8.8 30.6 8.7 6.9 7.6 7.4 29.7 7.8 5.8 8.4 7.7
– gas volume mmboe(1) 38.3 43.5 156.4 43.0 33.9 36.6 42.9 167.5 42.6 39.4 42.7 42.8 134.8 41.0 30.8 31.7 31.3
Prices
BG Group avg UK gas price
pence per produced therm 32.79 38.73 33.32 38.36 29.46 23.88 37.03 31.89 34.41 25.50 26.20 38.84 27.30 38.89 20.10 22.98 24.12
BG Group avg Int’l gas price
Overall BG Group avg gas price
BG Group avg oil price
$ per barrel 120.93 98.49 73.39 88.59 76.47 69.07 58.13 65.54 60.13 71.43 69.76 62.53 55.96 58.55 63.02 52.36 48.24
BG Group avg liquids price
$ per barrel 97.69 81.35 59.07 73.48 61.26 56.72 45.57 52.68 46.40 57.56 56.79 50.17 41.77 47.17 48.23 39.54 33.01
Henry Hub $/mmbtu 11.32 8.58 6.95 6.92 6.16 7.55 7.16 6.74 6.60 6.08 6.54 7.75 8.86 12.22 9.82 7.03 6.37
Unit costs
Lifting costs ($/boe) 3.72 3.11 3.29 3.22 3.60 3.44 2.97 2.45 2.88 2.69 2.18 2.08 2.17 1.92 2.54 2.10 2.18
Lifting costs (£/boe) 1.87 1.57 1.64 1.58 1.78 1.74 1.51 1.34 1.51 1.45 1.21 1.19 1.19 1.09 1.42 1.13 1.15
Opex ($/boe) 6.47 5.55 5.22 5.10 5.50 5.41 4.92 4.18 4.82 4.39 3.72 3.82 4.04 3.85 4.57 3.82 3.96
Opex (£/boe) 3.24 2.80 2.61 2.50 2.73 2.74 2.51 2.29 2.53 2.36 2.07 2.18 2.21 2.19 2.56 2.04 2.08
Finding and development costs
3 year rolling average ($/boe)(2) 14.60(3) 11.50(3) 7.07(3)
Reserve replacement
3 year organic average reserve
replacement ratio (%) 84(3) 108(3) 152(3)
Investment
Development expenditure
(£ million) 406 407 1 242 340 310 301 291 721 201 229 160 131 683 188 166 174 155
Gross exploration expenditure
(£ million) 234 187 536 181 148 102 105 555 180 103 103 169 336 131 65 38 102
– capitalised 180 146 304 116 83 46 59 396 129 65 66 136 225 89 34 15 87
– other expenditure 54 41 232 65 65 56 46 159 51 38 37 33 111 42 31 23 15
(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 2007 2006 2005 2004 2003
Total 20 42 29 28 17
Percentage successful (gross well basis) 67 56 48 64 71
WELLS DRILLED IN 2007: ANALYSIS BY COUNTRY Exploration Appraisal
Gross(4) Net(5) Gross(4) Net(5)
Bolivia 1 0.375
Brazil 1 0.300 1 0.250
Canada 3 2.315
Norway 3 1.020
Thailand 6 1.330
Trinidad and Tobago 1 0.650
Tunisia 1 1.000
UK 3 0.643
Total 11 4.928 9 2.955
(4) The gross figure is a total number of wells in which BG Group participated
(5) The net figure is calculated by applying the licence working interest to each well and taking the sum of the fractional interests
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
SUPPLEMENT
STATISTICAL

48 Exploration and Production: Field interests
(1)
PRODUCING FIELDS
(2)
Gas production Oil and liquids production Total production
(net) bcf (net) ‘000s barrels (net) mmboe
BG Group working
interest (%) 2007 2006 2005 2007 2006 2005 2007 2006 2005
UKCS Armada and SW Seymour(3), (4) 58.22 and 57.00 21.8 42.3 38.1 1 111 2 037 1 880 4.7 9.1 8.2
Atlantic Cromarty 75.00 and 10.00 24.0 13.4 – 684 354 – 4.7 2.6 –
Blake(3) 44.00 0.7 0.8 0.8 3 468 3 841 4 088 3.6 4.0 4.2
Buzzard 21.73 1.4 – – 10 638 – – 10.9 – –
Easington Catchment Area(5) 30.77 and 79.00 36.2 38.6 51.3 118 123 204 6.1 6.6 8.8
Elgin/Franklin 14.11 22.9 24.4 26.5 4 948 5 290 5 996 8.8 9.4 10.4
Everest(4) 59.32 18.2 18.8 25.1 579 494 720 3.6 3.6 4.9
J-Block and Jade(6) 30.50 and 35.00 36.6 48.5 43.5 4 610 5 413 4 800 10.7 13.5 12.1
Lomond 61.11 22.4 29.4 28.9 499 539 569 4.2 5.4 5.4
Other 8.0 6.6 4.7 545 346 54 1.9 1.4 0.8
UKCS sub-total 192.2 222.8 218.9 27 200 18 437 18 311 59.2 55.6 54.8
International Bolivia(7) 37.50 and 100.00 27.1 26.5 30.7 994 918 1 063 5.5 5.3 6.2
Canada Various 4.8 19.8 19.0 56 162 176 0.9 3.5 3.3
Egypt(3) 50.00 and 80.00 324.4 365.4 209.9 2 503 1 530 259 56.6 62.4 35.3
India(3),(8) 30.00 53.1 37.5 35.5 4 825 4 050 3 504 13.7 10.3 9.4
Kazakhstan(9) 32.50 86.8 82.3 75.7 25 138 22 585 22 399 39.6 36.3 35.0
Mauritania(10) – 0.2 – 28 949 – – 1.0 –
Thailand(11) 22.22 50.7 50.3 47.0 1 448 1 440 1 440 9.9 9.8 9.3
Trinidad and Tobago(3) 45.88, 50.00 and 65.00 136.5 134.7 107.4 298 121 111 23.0 22.6 18.0
Tunisia(3) 100.00 62.8 65.4 64.9 1 405 1 527 1 717 11.9 12.4 12.5
International sub-total 746.2 782.1 590.1 36 695 33 282 30 669 161.1 163.6 129.0
Total 938.4 1 004.9 809.0 63 895 51 719 48 980 220.3 219.2 183.8
OTHER FIELDS AND DISCOVERIES WITH PROVED OR PROBABLE RESERVES: BG GROUP WORKING INTEREST (%)
AS AT 31 DECEMBER 2007
Bolivia Palo Marcado 100.00
Brazil Tupi 25.00
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
UKCS Glenelg 14.70
Jasmine 30.50
Maria(3) 36.00
NW Seymour(3) 57.00
West Franklin 14.11
(1) BG Group working interest at 31 December 2007 or when disposed of producing field
(2) Conversion rate of 6 bcf gas per mmboe
(3) Operated by BG Group at 31 December 2007. Maria entered production in December 2007
(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
www.bg-group.com
Exploration and Production: Licence and block interests 49
HELD AT 31 JULY 2008

EUROPE AND CENTRAL ASIA
Number BG Group- BG Group
Country Interest details of blocks Gross area (1) Type of fields (2) operated interest (%)
Italy Po Valley Permits (Italy Onshore) 1 392 Gas & condensate 0 40
Kazakhstan Karachaganak 1 280 Various 1 32.5
Norway Southern North Sea 14 1 775 Various & unknown 13 Various
North Tampen 11 2 145 unknown 9 Various
Mid-Norway 23 5 368 Gas & unknown 11 Various
Barents Sea 8 2 054 Oil & unknown 2 Various
United Kingdom(8) Southern North Sea 21 646 Gas & unknown 17 Various
Central North Sea 70 4 371 Various & unknown 33 Various
Onshore PEDL 133 5 500 Gas 0 51

Algeria Hassi Ba Hamou Perimeter 5 18 381 Gas 1 36.75
Areas of Palestinian Authority Gaza Marine 1 2 000 Gas 1 90
China Block 53/16 1 8 671 Unknown 1 100
Block 64/11 1 7 546 Unknown 1 100
Egypt Rosetta Concession(4) 4 296 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 1 950 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 0 45
KG-DWN-98/4 1 5 591 Unknown 1 30
Israel Med Yavne(7) 1 52 Gas 1 35
Madagascar Majunga Offshore Profonde 1 15 161 Unknown 1 30
Nigeria OPL 332 1 1 258 Oil 1 45
OPL 286-DO 1 804 Oil 1 66
Oman Block 60 1 1 485 Gas 1 100
Thailand 2/2539/49(8) 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(9) 3 10 420 Unknown 3 50
5/2515/9 1 1 279 Various 0 22.22
Tunisia Amilcar 1 1 016 Unknown 1 50
Miskar 1 320 Gas & condensate 1 100
Hasdrubal 1 260 Gas, condensate & oil 1 50
SUPPLEMENT
STATISTICAL

50 Exploration and Production: Licence and block interests continued

Australia Walloons Fairway 58 4 382 Gas 0 Various
Bolivia(3) La Vertiente 1 38 Gas 1 100
Caipipendi 1 195 Gas 0 37.5
Block XX Tarija West 1 25 Gas 0 25
Block XX Tarija East 1 15 Gas & oil 1 100
Charagua 1 99 Unknown 0 20
Block Los Suris 1 5 Gas 1 100
Brazil BM-S-9 1 1 881 Oil 0 30
BM-S-10 1 1 192 Gas 0 25
BM-S-11 1 2 295 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 1 700 Oil 1 40
BT-SF-2 6 17 677 Unknown 0 50
Canada(3) i) Alberta Waterton 14 9 707 Gas 0 50
Foothills & Deep West 41 26 926 Unknown 27 85
ii) British Columbia Foothills 48 56 747 Unknown 27 75
iii) Northwest Territories Central Mackenzie Valley 4 394 668 Unknown 4 81
Trinidad and Tobago Block 5(a) 1 90 Various 1 50
Block 6(10) 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
Block 5c 1 323 Various 0 30
United States(11) Alaska Foothills & Eastern North Slope 446 2 505 276 Unknown 0 37
(1) The gross area figures given are approximations only. Gross area figures are in square kilometres unless otherwise indicated
(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)
(6) Mid and South Tapti and Panna/Mukta are jointly operated with ONGC and Reliance Industries. KG-OSN-2004/1 and KG-DWN-98/4 are operated by ONGC
(7) BG Group has announced its intent to surrender its interest in the Med Yavne Lease. The resulting assignment of BG Group’s interest to its partners is subject
to the approval of the Israeli Ministry of Natural Infrastructure. This approval is currently pending
(8) Includes part blocks
(9) Area is subject to international boundary dispute – obligations under suspension pending resolution
(10) Block 6, Manatee operated by Chevron Trinidad and Tobago Resources SRL
(11) Figures given for Gross area are in acres
www.bg-group.com
LNG: Facilities capacity (mtpa) 51
AS AT 31 AUGUST 2008
EXPORT TERMINALS
Total capacity Total capacity
BG Group equity/ (mtpa) (mtpa)
Train utilisation (%) Gross Net Status
Atlantic LNG 1 26.00 3.1 0.806 Since April 1999

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
(mtpa) (mtpa) Bcfd
Gross 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 Cypress pipeline de-bottlenecking since May 2007
Total operating 17.6 17.6 2.37
Lake Charles IEP 3.9 3.9 0.55 Anticipated 2009
Total planned expansions 3.9 3.9 0.55
In development:
Dragon LNG, Milford Haven, Wales 4.4 2.2 0.30 Anticipated end 2008
GNL Quintero, Chile 2.5(2) 0.0 0.00 Anticipated 2009/2010
Brindisi, Italy 6.0 4.8(3) 0.65 TBA
Elba Island, USA 4.3(4) 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(5)

Firm Supply Commercial
(mtpa) start-up Years Shipping
Atlantic LNG T2/3 2.1 2003 20 FOB

Nigeria LNG T4/5 2.3 Q1 2006 20 CIF
Egyptian LNG T2(6) 3.5 Q2 2006 20 FOB
Atlantic LNG T4(7) 1.5 Q2 2007 20 FOB
Equatorial Guinea(8) 3.3 Q3 2007 17 FOB
Nigeria LNG T7(9) 2.3 2013 20 CIF
Total firm supply 15.0
(5) Assumes delivery into US East Coast

(6) First cargo lifted in September 2005
(7) First cargo lifted in January 2006
(8) First cargo lifted in May 2007
(9) First cargo expected 2013
SUPPLEMENT
STATISTICAL

52 LNG: Cargoes

2008 2008 2007 2007 2007 2007 2007 2006 2006 2006 2006 2006 2005 2005 2005 2005 2005
Actual cargoes
Lake Charles – – 86 1 21 46 18 50 12 14 22 2 36 11 8 9 8
Elba Island 16 6 64 10 22 17 15 54 15 16 14 9 50 14 15 11 10
Re-marketed 47 52 81 37 17 8 19 78 23 13 13 29 31 13 7 1 10
Total 63 58 231 48 60 71 52 182 50 43 49 40 117 38 30 21 28
Managed volumes (trillion
British thermal units)
Sales volumes 42 19 427 31 120 184 92 289 74 88 97 30 238 70 63 56 49
Re-marketed 144 159 244 114 52 25 53 223 66 39 32 86 92 39 20 3 30
Total managed volumes 186 178 671 145 172 209 145 512 140 127 129 116 330 109 83 59 79
LNG: Ships
Name Year built Capacity (cm)(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)
Methane Nile Eagle 2007 145 127 ST Mk. III TC
Total 9 1 292 079 TC
Flexible fleet Various 1976-2008 < 165 500 – – TC
New builds SHI HN 1745 2009 170 000 DFDE(5) Mk. III Owned
SHI HN 1746 2010 170 000 DFDE Mk. III Owned
SHI 1858 2010 170 000 DFDE Mk. III Owned
SHI 1859 2010 170 000 DFDE Mk. III Owned
Total 4 680 000
(1) Capacity – gross 100%

(2) ST – steam turbine
(3) BB – bareboat charter
(4) TC – time charter
(5) DFDE – dual-fuel diesel-electric
www.bg-group.com
Transmission and Distribution 53
As at 31 December
2007 2006 2005
Throughput (million cubic metres per year)

Net to BG Group 9 303 11 925 13 199
Customers
Comgas 572 000 518 000 485 000
MetroGAS 2 000 000 2 000 000 2 000 000
Gujarat Gas 286 000 248 000 200 000
Power Generation
CAPACITY
Operating Net to
Location Name BG Group equity (%) Operating total (MW) BG Group (MW)
Italy BG Italia Power S.p.A. 100 400 400

Malaysia Genting Sanyen Power (Kuala Langat) 20 794 159
Philippines First Gas Power (San Lorenzo) 40 500 200
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
USA Dighton 100 165 165
USA Lake Road(1) 100 805 805
USA Masspower(1) 100 264 264
Cogen – secured capacity India – 11 7
Total operational 6 385 4 281
(1) ISO-NE weighted average annual installed capacity ratings
SUPPLEMENT
STATISTICAL

54 Principal acquisitions, commitments and divestments
ACQUISITIONS (TO 31 JULY 2008)

Announced Details Completion £m
2008
Acquired 20% interest in Queensland Gas Company Limited’s (QGC) coal seam gas interests in the Surat
February Basin, Australia and a 9.9% stake in QGC April 2008 316
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 2008)

2008
May Ordered two new LNG ships 2010 delivery 194
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
DIVESTMENTS (TO 31 JULY 2008)

2008
July Sale of Iqara Energy Services July 2008 14
July Sale of BG GNV do Brasil July 2008 5
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(2)
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
(2) 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+ September 2007 Stable

Moody’s A2 August 2005 Stable
Standard & Poor’s A April 2008 Stable
BGEH’s objective is to achieve long-term credit ratings equivalent to mid-single A from all the above agencies.
www.bg-group.com
Corporate information 55
TOTAL ISSUED ORDINARY SHARE CAPITAL

2007 2006 2005
Shares in issue at year end (millions) 3 575 3 558 3 549
DIVIDEND DATA
Payment Value Announcement date Ex-dividend date Record date Payment date UK Payment date USA
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
Final 2.08p 15 February 2005 30 March 2005 1 April 2005 13 May 2005 20 May 2005
Final 4.09p 8 February 2006 29 March 2006 31 March 2006 12 May 2006 19 May 2006
INVESTOR CALENDAR
Event Type Date
2008
Fourth quarter and Full Year 2007 Results and Strategy Presentation Presentation 7 February 2008
2007 Final dividend Ex-dividend 9 April 2008
2008 Annual General Meeting Meeting 14 May 2008
First quarter 2008 Results Announcement 30 April 2008
2007 Final dividend Dividend paid (UK) 23 May 2008
Dividend paid (USA ADR) 2 June 2008
Second quarter 2008 Results Announcement 24 July 2008
2008 Interim dividend Ex-dividend 6 August 2008
2008 Interim dividend Dividend paid (UK) 12 September 2008
Dividend paid (USA ADR) 19 September 2008
Third quarter 2008 Results Announcement 4 November 2008
2009
Fourth quarter and Full Year 2008 Results and Strategy Presentation Presentation 5 February 2009
2008 Final dividend Ex-dividend April 2009(1)
2009 Annual General Meeting Meeting May 2009(1)
(1)
First quarter 2009 Results Announcement May 2009
2008 Final dividend Dividend paid (UK) May 2009(1)
Dividend paid (USA ADR) May 2009(1)
Second quarter 2009 Results Announcement July 2009(1)
2009 Interim dividend Ex-dividend August 2009(1)
2009 Interim dividend Dividend paid (UK) September 2009(1)
Dividend paid (USA ADR) September 2009(1)
Third quarter 2009 Results Announcement November 2009(1)
(1) Provisional dates

SUPPLEMENT
STATISTICAL
Registrar and Transfer Office Stock Exchange Information American Depositary Receipts
Equiniti London Stock Exchange JPMorgan Chase Bank, N.A.
Aspect House, Spencer Road Ticker symbol: BG.L P.O. Box 64504
Lancing, West Sussex SEDOL number: 876289 St. Paul, MN 55164-0504 USA
BN99 6DA Tel:+1 800 990 1135 (for US residents)
Tel: 0871 384 2064 One ADR: 5 ordinary shares Tel:+1 651 453 2128 (outside USA)
www.shareview.co.uk Pink OTC Markets symbol: BRGYY www.adrs.com
Email: bg@equiniti.com Email: jpmorgan.adr@wellsfargo.com

56 Definitions
For the purpose of this document the following definitions apply:
€ Euro kboed Thousand barrels of oil equivalent per day
$ US Dollars km Kilometres
£ UK Pounds Sterling mmbbls Million barrels
bbls Barrels mmboe Million barrels of oil equivalent
bcf Billion cubic feet mmbopd Million barrels of oil per day
bcfd Billion cubic feet per day mmbtu Million British thermal units
bcm Billion cubic metres mmbtud Million British thermal units per day
bcma Billion cubic metres per annum mmcmd Million cubic metres per day
bcpd Barrels of condensate per day mmcm Million cubic metres
BG Group BG Group plc and its subsidiary undertakings, joint mmscm Million standard cubic metres
ventures or associated undertakings
mmscmd Million standard cubic metres per day
billion or bn One thousand million
mmscf Million standard cubic feet
boe Barrels of oil equivalent
mmscfd Million standard cubic feet per day
boed Barrels of oil equivalent per day
MoA Memorandum of Agreement
bopd Barrels of oil per day
MoU Memorandum of Understanding
bpd Barrels per day
mtpa Million tonnes per annum
Btu British thermal units
MW Megawatt
CAGR Compound Average Growth Rate
MWh Megawatt hours
CCGT Combined Cycle Gas Turbine
NGL Natural Gas Liquids
CIF Carriage, insurance and freight
NGV Natural Gas Vehicle
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
context is not intended to, nor shall be deemed
DTI Department of Trade and Industry
to, create or constitute a partnership between
EPC Engineering Procurement Construction BG Group and any such entity for the purposes
of the Partnership Act 1890 or any similar law
FEED Front End Engineering Design in any jurisdiction in which such activities may
FOB Free on board be conducted
GSA Gas Sales Agreement PJ Petajoules
GW Gigawatts PPA Power Purchasing Agreement
GWh Gigawatt hours PSC/PSA Production Sharing Contract/Production

Sharing Agreement
HIIP Hydrocarbons Initially In Place
SPA Sale and Purchase Agreement
HPHT High Pressure High Temperature
sq km Square kilometres
IFRIC International Financial Reporting
Interpretations Committee tcf Trillion cubic feet
RESERVES AND RESOURCES
Proved reserves
BG Group utilises the SEC definition of proved reserves. Further information on proved reserves can be found in BG Group’s Annual Report and Accounts for 2007 on page 121.
Probable reserves
Probable reserves are those unproven reserves which analysis of geological and engineering data suggest are more likely than not to be recoverable. Taken together with
proved reserves, proved plus probable reserves comprise the best estimate of reserves for an asset and will normally be used in business planning.
Un-booked resources
Un-booked resources are defined by BG Group as the best estimate of recoverable hydrocarbons where commercial and/or technical maturity are such that project sanction
is not expected within the next three years.
Risked exploration
Risked exploration resources are defined by BG Group as the best estimate (mean value) of recoverable hydrocarbons in a prospect multiplied by the ‘Chance of Success’.
The term ‘gross reserves’ means gross Proved reserves plus gross Probable reserves.
For details of BG Group’s Reserves and Resources as at 31 December 2007, see table on inside cover.
US investors should refer to the explanatory note on page 40.
Index of assets
Page Page Page

Norway REGASIFICATION TERMINALS
EXPLORATION AND PRODUCTION Bream 11 Italy
FIELDS, BLOCKS, TERMINALS, CONCESSIONS Pi North 11 Brindisi LNG 12
AND LICENCES Jordbaer 11
Chile
Alaska Orange 11
GNL Quintero 35
Foothills and Eastern North Slope 37 Ververis 11
UK
Algeria Nigeria
Dragon LNG 10
Hassi Ba Hamou Perimeter 22 OPL 332 and OPL 286-DO 20
USA
Australia Oman
Elba Island 29
Walloons coal seam gas 38 Block 60 21
Lake Charles 29
Bolivia Thailand
XX Tarija East and West 36 Bongkot 19 TRANSMISSION
Caipipendi 36 Gulf of Thailand Blocks 7, 8, 9
South America
Charagua 36 and 9A 19
Bolivia – Brazil Pipeline 32
Escondido 36
Trinidad and Tobago Southern Cross and Gas Link Pipelines 35
Huacaya X-1 36
Block 5(a) and 5(c) 26
Itau 36 Kazakhstan
Block 6(b) and 6(d) 26
La Vertiente 36 Caspian Pipeline Consortium (CPC) 9
Block E 26
Los Suris 36
Bougainvillea 27 UK
Margarita 36
Central Block 27 CATS 7
Palo Marcado 36
Chaconia 27 Interconnector UK 7
Ibibobo 36
Dolphin and Dolphin Deep 26 SEAL and SILK 7
Taiguati 36
East Coast Marine Area (ECMA) 26
Brazil Heliconia 27 DISTRIBUTION
BM-S-9, 10, 11 and 13 31 Hibiscus 27
Argentina
BM-S-47, 50, 52 31 Ixora 27
MetroGAS 34
BT-SF-2 31 Loran/Manatee 26
Tupi 31 North Coast Marine Area (NCMA) 27 Brazil
Poinsettia 27 Comgas 32
Canada
Iqara Gas Natural 33
Deep West area of the Western Tunisia
Canadian Sedimentary Basin 37 Amilcar 18 India
Foothills 37 Hasdrubal 18 Gujarat Gas Company (GGCL) 17
Northwest Territories 37 Miskar 18 Mahanagar Gas (MGL) 17
Waterton 37 Ulysse A & B 18
China Hannibal 18 POWER
Blocks 64/11, 53/16 and 41/06 24 UK Italy
Amethyst 4 BG Italia Power S.p.A. 12
Egypt
El Burg Offshore and Armada 4 Malaysia
El Manzala Offshore 14 Apollo 6 Genting Sanyen 25
Mina and Silva 14 Atlantic/Cromarty 5
Blake and Blake Flank 5 Philippines
North Sidi Kerir Deep 13
Buzzard 5 San Lorenzo 25
Rashid North 14
Drake 4 Santa Rita 25
Rashid -1,-2,-3 14
Rosetta 14 Easington Catchment Area (ECA) 6 UK
Scarab Saffron 14 Elgin/Franklin and Glenelg 6 Premier Power (Ballylumford) 10
Simian, Sienna and Sapphire 14 Everest and Lomond 6 Seabank Power 10
SimSatP2 14 Fleming 4
SimSatP1 14 Hawkins 4 USA
Solar, Serpent, Saurus, Sequoia J-Block, Jade, Judy/Joanne 6 Dighton 30
and Sienna-Up 14 Jackdaw 7 Lake Road 30
West Delta Deep Marine (WDDM) 14 Jasmine 7 Masspower 30
Maria 7
India Mercury, Minerva and Neptune 6
Panna/Mukta and Tapti 16 SW Seymour and NW Seymour 4
Israel and areas of Whittle and Wollaston 6
Palestinian Authority
Med Yavne 23 LIQUEFIED NATURAL GAS
Gaza Marine 23
LIQUEFACTION TERMINALS
Italy Australia
Po Valley 12 Queensland Curtis LNG 38
Kazakhstan Egypt
Karachaganak 8 Egyptian LNG Trains 1 and 2 13
Libya Nigeria
Area 123 and Area 171 22 OKLNG 20
Madagascar Trinidad and Tobago
Majunga Offshore Profonde 23 Atlantic LNG Trains 1, 2, 3 and 4 28

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Our vision

Natural gas is our business.

Cover image – Exploration and Production reserves and resources(a) base

CAGR 19% 2005-2007 2007 RESERVES/ Long-term reserves

1 000 9.3 years *Based on 2007 production of 220.3 mmboe

(a) For an explanation of these terms, refer to page 56.

T&D, LNG, Power and Other

BG Group – Oil and gas production 2007

Countries A-Z Page Page Statistical supplement Page

BG Group Data Book 2008

Exploration and Production (E&P) Liqueﬁed Natural Gas (LNG)

Main markets and activities Main markets and activities

Performance highlights Performance highlights

200 604 000 boed 4

BG Group net production (kboed) BG Group LNG supply (mtpa)

600 Nigeria LNG

Transmission & Distribution (T&D)

BG Group’s T&D activities develop markets for natural gas

Main markets and activities

The Group’s T&D businesses are focused on high growth

Main markets and activities AMERICAS AND GLOBAL LNG p26

BG Group has a 4.3 GW portfolio of mostly gas-ﬁred Trinidad and Tobago

3 Group ﬁnancial data

BG Group Data Book 2008

With interests in more than 20 UK West in 1991. The development’s four

waters of the UK. BG Group operates: the

The commingled stream of Armada

BG Group Data Book 2008

BG Group Data Book 2008

45 to improve the safety and environmental

access to world markets. performance of the facilities.

In May 2007, BG Group and partners agreed

Karachaganak, operating via the Gas Stabilised Planned Capacity

BG Group Data Book 2008

PREMIER POWER LIMITED the equivalent to approximately 6% of

SOUTHERN NORTH SEA MID-NORWAY

BG Group Data Book 2008

AFRICA, MIDDLE EAST AND ASIA

BG Group’s activities in Egypt span

business in Egypt comprises:

BG Group Data Book 2008

DOWNSTREAM PROJECTS Egyptian LNG Company owns both the

AFRICA, MIDDLE EAST AND ASIA

Simian, Sienna and Sapphire: integrated upstream and downstream

GAS SUPPLY LIQUEFACTION OUTPUT LNG PURCHASE

565 mmscfd – Simian and Sienna

565 mmscfd – Sapphire

Gas BG Group 38% LNG

UPSTREAM LIQUEFACTION OUTPUT DOWNSTREAM

BG Group Data Book 2008

developing its upstream position through the management of technical operations.

developing regulatory debate on the further

AFRICA, MIDDLE EAST AND ASIA

BG Group Data Book 2008

Key to operations Key dates

ALGERIA MEDITERRANEAN SEA

AFRICA, MIDDLE EAST AND ASIA

In 2001, a MoU was signed by the

accommodation; and a condensate

BG Group Data Book 2008

AFRICA, MIDDLE EAST AND ASIA

BG Group Data Book 2008

ALGERIA TUNISIA TRIPOLI

Key to operations SOMALIA Key to operations