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18 Africa, Middle East and Asia<br />

Thailand<br />

<strong>BG</strong> <strong>Group</strong>’s investment in Thailand is focused on<br />

upstream activities, including an interest in the large<br />

offshore Bongkot field, which supplies approximately<br />

20% of the country’s gas demand.<br />

Areas of operation<br />

New information<br />

• Increased equity interest in<br />

Blocks 7, 8 and 9<br />

• Gas Sales Agreement for Bongkot<br />

South signed<br />

Key dates<br />

ANDAMAN SEA<br />

Key to operations<br />

Gas<br />

Oil<br />

Gas pipeline<br />

Oil pipeline<br />

Gas and Oil/<br />

Condensate<br />

0 250km<br />

1990 Participation and Operating<br />

Agreement (POA) with partners<br />

entered into<br />

1993 Bongkot first production<br />

2001 Memorandum of Understanding<br />

(MoU) between Thailand<br />

and Cambodia for a Joint<br />

Development Area<br />

2007 Supplementary Petroleum<br />

Concession Agreements signed<br />

www.bg-group.com<br />

MYANMAR<br />

<strong>BG</strong> <strong>Group</strong>operated<br />

block<br />

<strong>BG</strong> <strong>Group</strong><br />

non-operated<br />

block<br />

RATCHABURI<br />

Block 9A<br />

KHANOM<br />

12<br />

9<br />

6<br />

3<br />

0<br />

THAILAND<br />

BANGKOK<br />

RAYONG<br />

Bongkot<br />

Oil & liquids<br />

Gas<br />

Blocks 7, 8, 9<br />

GULF OF<br />

THAILAND<br />

B13/38<br />

9.8<br />

2006<br />

CAMBODIA<br />

Thailand: <strong>BG</strong> <strong>Group</strong> 3 year production<br />

Total production mmboe (net)<br />

9.9<br />

2007<br />

9.8<br />

2008<br />

BONGKOT GAS FIELD<br />

<strong>BG</strong> <strong>Group</strong> has a 22.22% interest in the<br />

Bongkot field in the Gulf of Thailand, which<br />

came onstream in 1993. The field is operated<br />

by PTT Exploration and Production (PTTEP).<br />

Production to date is from Bongkot North<br />

where the DCQ has risen to 550 mmscfd<br />

(from an initial 150 mmscfd) through<br />

phased development. The Bongkot North<br />

development consists of a central complex<br />

for gas gathering, processing, export and<br />

accommodation; a condensate floating<br />

storage and offloading vessel; and 22<br />

remote wellhead platforms.<br />

In 2007, the Thai Government granted an<br />

extension of Bongkot’s production periods for<br />

Blocks B15, B16 and B17 until 2022 and 2023.<br />

Further development is planned to extend<br />

the life of the field: in 2008 the partnership<br />

successfully drilled three exploration wells on<br />

Bongkot North to define the next phase of<br />

development, and further exploration drilling<br />

in 2009 and beyond is aimed at discovering<br />

reserves for additional development phases.<br />

Bongkot South is an important part of the<br />

development plan and is being developed<br />

independently from the existing Bongkot<br />

North facilities. It will comprise a central<br />

processing facility, a quarters platform<br />

and 13 wellhead platforms. The Gas Sales<br />

Agreement for Bongkot South was signed<br />

in July 2009. First gas is scheduled for 2012.<br />

EXPLORATION<br />

<strong>BG</strong> <strong>Group</strong> is the operator of Blocks 7, 8 and 9<br />

in the Gulf of Thailand, in an area subject to<br />

overlapping claims by Thailand and Cambodia.<br />

In March 2009, <strong>BG</strong> <strong>Group</strong> completed the<br />

acquisition of Rio Tinto’s 16.67% interest in<br />

Blocks 7, 8 and 9. The acquisition increases<br />

<strong>BG</strong> <strong>Group</strong>’s equity in the blocks from 50%<br />

to 66.67%.<br />

In 2001, a MoU was signed by the governments<br />

of Thailand and Cambodia aimed at concluding<br />

an agreement for the exploration and<br />

development of hydrocarbons in the<br />

overlapping claims area. A Joint Technical<br />

Committee is working to agree a mutually<br />

acceptable basis for resolution.

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