LNG

May 8 (LNGJ) - BG Group of the UK said its first-quarter highlight was the recommended cash and share offer for the company from Royal Dutch Shell as LNG Shipping and Marketing earnings brought in $708 million compared with $730M in the same quarter a year ago, down 3 percent. LNG was seen bringing in up to $1.5Bln for the full year. BG Chief Executive Helge Lund said: "Our LNG business performed strongly." While LNG revenue fell the number of cargoes shipped by BG increased. The UK company supplied 61 cargoes (3.8 million tonnes) in the quarter. This was 21 more than the first quarter of 2014 (2.4 million tonnes), with eight additional spot cargoes supplied, seven of them from  the new Queensland Curtis LNG plant in Australia. Of the 61 cargoes, 43 were shipped to Asian markets compared with 26 in the year-ago quarter.