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BG Group
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2013 Strategy Update
| Andrew Gould; Chris Finlayson | Page 47 of 11 |
November 21, 2024
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Strategy Update 0 2 4 6 8 10 2014 2015 2016 QCLNG: strongly cash positive from 2015 LNG production (mtpa) Initial development well advanced 250 kboed gross production on plateau LNG and domestic supply Mainly QGC* production 3rd-party gas secured to maximise value Low cost opportunity to de-bottleneck LNG plant 5-10% capacity increase Strongly cash positive from 2015 High margin production Operating cash on plateau: BG net $3.5-4 bn pa Margins captured in Upstream segment What this strategy delivers * BG Group equity: 74% Future volumes at reference conditions (see Appendix) Plant de-bottlenecking opportunity 47