The Sunday Times: Cooking with Gas: BG Keeps Growing

“The Sunday Times described BG’s success in recent years. “Since the sleepy old British Gas was split up through the demerger of Centrica in 1997, BG’s operating profits have rocketed from £160m to £3.1 billion last year, a compound annual growth rate of almost 40%.” “One of BG’s biggest money-spinners has been the fast-growing export of liquefied natural gas or LNG. Last year profits in this division soared 94%. BG is the biggest LNG exporter to America after building the business from scratch in 2002.” “The global hunger for energy has led to explosive growth in the LNG market. Poten & Partners, an energy consultant, expects the market to grow by an average 13% a year between 2005 and 2010 – almost double the 1980-2004 rate.”