SHEL Shell Plc

  By Eric Yep 
 

SINGAPORE--BG Group PLC (BG.LN) said Monday it will manage its international liquefied natural gas and oil marketing business from Singapore because of the importance of Asian energy markets.

It has moved the "global center" of the marketing business from its headquarters in the U.K. and has also relocated President for Global LNG and Oil Marketing Steve Hill to Singapore.

"Asia is the world's largest market for LNG and where BG Group already sends the majority of its cargoes," Mr. Hill said in a statement.

BG Group is one of several energy companies to set up base in Asia's largest oil and gas trading hub--especially for trading liquefied natural gas--in recent months. Royal Dutch Shell PLC (RDSA.LN) moved its headquarters for international gas to Singapore more than a year ago.

Write to Eric Yep at eric.yep@wsj.com

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