BG eyes year-end decision on Karachaganak

June 17. Reuters. LONDON

by Dan Lalor

British gas producer BG Group Plc (BG.L) said on Wednesday it was hoping to decide on the design of a delayed expansion of its Karachaganak project in Kazakhstan by the end of the year.

“We are working very closely with the government and our partners to finalise the development concept for the next phase of Karachaganak expansion before the year end,” Peter Dranfield, President of BG’s Kazak unit told the Kazakhstan Growth Forum.