Insight

The implications of BG's Egyptian Force Majeure

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Report summary

On 27th January, BG and PETRONAS declared Force Majeure on gas supply to Egyptian LNG and stressed that there is considerable uncertainty around how much LNG the ELNG asset will produce in 2014. But why is there so much uncertainty for a mature asset and how important is Egypt for the company’s flagship LNG portfolio?

What's included

This report contains

  • Document

    The implications of BG's Egyptian Force Majeure

    PDF 413.12 KB

Table of contents

  • Executive Summary
  • Why has LNG production disappointed?
  • What will affect LNG production in the future?
  • How will BG’s LNG portfolio be impacted?

Tables and charts

This report includes 3 images and tables including:

Images

  • West Delta Deep Marine Production
  • ELNG Exports
  • BG's LNG Trading Portfolio

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