BG Group move a big boost for S'pore's LNG hub status

[SINGAPORE] Singapore's pioneer liquefied natural gas (LNG) aggregator, the BG Group, has moved its global headquarters for LNG and oil marketing from the United Kingdom to here, boosting Singapore's LNG hub ambitions.

The move comes a year after Shell set up its global gas headquarters here.

Steve Hill, BG's president for global LNG and oil marketing, who has also relocated here, said: "Asia is the world's largest market for LNG and where the BG Group already sends the majority of its cargo.