BG Group raised its LNG portfolio profit guidance by 30% for 2012 on strong demand.
The UK-based gas giant’s chief executive, Frank Chapman, said the company now expects to earn between $2.6 billion and $2.8 billion from the sector.
“The outlook for global gas and LNG demand is strong. BG Group is well set to capitalise on these opportunities and is making good progress with delivering its plans,” he said as the Reading-headquartered company reported fourth quarter earnings.
Chapman
