LNG

Feb 3 (LNGJ) - BP, the UK oil and gas major with global LNG interests from Trinidad to Indonesia, took an almost $1 billion charge because of the oil price fall. BP's underlying replacement cost profit for the fourth quarter was $2.2Bln compared with $2.8Bln for the same period in 2013. Full-year profit was $12.1Bln compared with $13.4Bln for 2013. BP took a $3.6Bln post-tax net charge for non-operating items in the quarter over the oil slump.  As a result, including this charge and other effects, BP reported a replacement cost loss of $969M for the fourth quarter of 2014.