“Our LNG business performed well with total operating profit up 13%, demonstrating the value of our flexible LNG model, which allowed us to capture increased margins by diverting cargoes to higher value markets,” BG chief executive Chris Finlayson said in a statement on Tuesday.
This was despite fourth quarter earnings falling 29% due to a one-off $277 million tax credit for the same period in 2011.
Finlayson