Exec-Edge
4 min read
BGN’s “North Gas,” a 230-meter Very Large Gas Carrier, which carries LPG and other offtakes from BGN’s U.S. suppliers. (Courtesy BGN)
By Exec Edge Editorial Staff
BGN Group may not be an everyday presence in Americans’ lives the way more familiar energy companies are, but it may soon be, thanks to recent investments.
The company, a global energy and commodities business, is now the largest offtaker of Liquified Petroleum Gas (LPG) in the US.
LPG, a cleaner-burning fuel that offers a practical alternative to coal and oil, is a fast-growing market that was estimated to be worth $145 billion globally in 2025.
BGN is a far-reaching and expanding presence in the global energy and commodities trading sector, operating in 120 countries around the world. And, from its North American headquarters in Houston, the company is poised to expand its presence and raise its U.S. profile.
“We are committed to partnering with American energy innovators to deliver reliability, affordability, and sustainability for the next generation,” said Ruya Bayegan, the group’s chairwoman.
The family-owned, multi-generational energy and commodities business is based in Geneva. In addition to Houston, it has operations in Dubai, Casablanca, Doha, Rotterdam and Singapore. It operates through its two main subsidiaries, BGN International (BGN Int.) and BGN Energy, each specializing in distinct areas of the energy market.
Bayegan has been instrumental in shaping the company’s strategic direction and driving its growth. With a background in executive roles within family businesses, she has led BGN since its inception, expanding its operations and establishing offices in key global locations.
BGN Int. serves as the trading arm of BGN Group, focusing on the storage and transportation of petroleum products, petrochemicals and other commodities worldwide. It has an extensive network of refineries, producers, state oil companies and international traders. BGN Int. also deals in minerals and carbon credits and is one of the sector’s largest LPG traders. It also has the world’s largest LPG fleet and has access to crude in South America, USGC, Canada, the North Sea, the Mediterranean, the Middle East, the Far East and Africa
BGN Energy, the investment and development arm of BGN Group, focuses on midstream and upstream energy projects, supports the energy transition and enhances the group’s trading activities. BGN Energy’s core areas include upstream oil production and development of renewable energy with the goal of generating significant renewable capacity by 2030. It also deals in transition fuels, including trading in liquefied petroleum gas (LPG), liquefied natural gas (LNG), and sustainable aviation fuel (SAF). With more than 38 vessels under management, BGN moves 10 percent of the global LPG trade.
