BG hooks up with Japanese state-owned bank

Utility company BG Group had signed an agreement with the Japan Bank for International Cooperation (JBIC) aimed at supporting the long-term supply of liquefied natural gas (LNG) to Japan and creating opportunities for Japanese companies to participate in energy projects around the world.

Utility company BG Group had signed an agreement with the Japan Bank for International Cooperation (JBIC) aimed at supporting the long-term supply of liquefied natural gas (LNG) to Japan and creating opportunities for Japanese companies to participate in energy projects around the world.

Under the cooperation agreement the British company will liaise with JBIC, a policy-based financial institution wholly owned by the Japanese government, on BG Group's natural gas developments and JBIC will consider providing financial support for these projects.

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