east coast. In October 2011, BG Group signed a US$8 billion deal with Cheniere Energy to export liquefied natural gas from the United States. In October 2012, BG sold its 65% majority stake in Gujarat Gas Company for $470 million to the state-run Gujarat State Petroleum Corporation. In January 2014, BG Group announced the initial drilling of an oil exploration well offshore in Kenya. In April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory and shareholder agreement. The deal gave BG shareholders 19% of the combined group, and gave Shell extensive access to BG's LNG assets, accelerating its global LNG and deep water strategy. Finalisation of the BG acquisition by Royal Dutch Shell was completed on 15 February 2016. Operations BG Group's main business was the exploration and extraction of natural gas and oil and the production of liquefied natural gas. It sold these products to wholesale customers such as retail gas suppliers and electricity generating companies. It also owned some gas pipelines and was involved in some power generation projects. It was active around the world, with only a minority of its business being in the UK. BG Group was a multinational company with operations in 27 countries. Key areas for the company included: Australia QGC, coal seam gas upstream plays in Queensland's Surat and Bowen basin, and Curtis Island based LNG plant Brazil Interests in the Tupi, Iara, Guara, and Iracema fields in the Santos Basin off the coast of southeastern Brazil Egypt Operates the Rosetta and West Delta Deep Marine gas fields, LNG export India Interest in the Panna-Mukta and Tapti fields, and Mahanagar Gas Limited (a city gas distribution company operating in Mumbai). Kazakhstan Interest in the Karachaganak gas field Norway Exploration licences with several discoveries Thailand Interest in the Bongkot gas field Trinidad & Tobago NCMA gas fields, Dolphin gas field, LNG export Tunisia Operates the Miskar and Hasdrubal gas fields UK Interests in several oil and gas fields in the UK continental shelf, including operating the Armada, Everest, and Lomond gas fields and the Blake oil field, Interest in the Dragon LNG import terminal USA Interest in LNG Terminals, shale gas joint venture operation in the Haynesville and Marcellus plays, and Houston. Senior management Sir Frank Chapman was appointed Chief Executive of the BG Group in October 2000. His remuneration for