BG completes sale of Chilean LNG terminal

5 September 2013

BG Group completes sale of interest in Chilean LNG terminal

BG Group today announced it had completed the previously announced transaction to sell a second and final 20% equity interest in the Quintero LNG regasification terminal in Chile to Terminal de Valparaiso, a company majority owned by Enagás S.A. of Spain, for $176 million.

An agreement to sell BG Group's entire 40% interest in Quintero LNG to Enagás was announced in April 2012, with the transfer of an initial 20% stake completed in September 2012. The sale of the two equity tranches, part of BG Group's approach to active portfolio management, raised a combined $352 million.

The sale applies only to BG Group's shareholding in GNLQ - the owner and operator of the2.5-million-tonnes-per-annum capacity regasification terminal in Quintero, Chile. The agreements do not impact the Group's long-term contracts to supply LNG to the Chilean market.

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Notes to Editors:

BG Group plc (LSE: BG.L) is a world leader in natural gas, with a broad portfolio of business interests focused on exploration and production and liquefied natural gas. Active in more than 20 countries on five continents, BG Group combines a deep understanding of gas markets with a proven track record in finding and commercialising reserves. For further information visit: www.bg-group.com

There are matters set out within this announcement that are forward-looking statements. Such statements are only predictions, and actual events or results may differ materially. For a discussion of important factors which could cause actual results to differ from these forward-looking statements, refer to BG Group's Annual Report and Accounts for the year ended 31 December 2012. BG Group does not undertake any obligation to update publicly, or revise, forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.

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