Middle East Economic Survey


No 7



BG Raises Earning Growth Outlook, Citing North African, Kazakh Holdings

BG on 9 February raised its earning growth outlook to 2009 and said it was increasing its E&P and LNG volume targets for the second year in row. In presenting the groups strategy for coming years, BG said it had increased the 2006 E&P volume target from 580,000 boe/d to 600,000 boe/d and the LNG volume target from 6.9mn tons/year...