6th Apr 2005 15:20
BG GROUP plc06 April 2005 MediaInformation6 April 2005 BG Group completes the disposal of North Caspian PSA BG Group has today announced that it has now completed the sale of its 16.67 percent interest in the North Caspian Production Sharing Agreement (NCPSA) and hastoday received an aggregate pre-tax cash consideration of approximately $US 1.8billion. Notes to Editors: The NCPSA licence area, all of which is offshore in the Republic of Kazakhstan'ssector of the Caspian Sea, includes the Kashagan oil field and the recent oildiscoveries on the Kalamkas, Kairan, Aktote and Kashagan South West parts of thelicence area. BG Group is a global natural gas business. Active on five continents in over 20countries, it operates four business segments - Exploration & Production,Liquefied Natural Gas, Transmission & Distribution and Power Generation. Enquiries: Media +44 (0) 118 929 3717Out of hours media mobile: + 44 (0)7917 185707Investors +44 (0) 118 929 3025Website: www.bg-group.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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