BG Group sells stake in LNG asset

FTSE 100-listed oil and gas company BG Group yesterday said it has completed the sale of its final 20 per cent stake in Quintero LNG, a Chilean liquid to natural gas terminal, for $176m (£113m). The previously announced deal was part of an agreement to sell BG Group’s entire 40 per cent stake in Quintero LNG for a combined $352m. The agreements do not impact BG Group’s long-term contracts to supply LNG to the Chilean market.