# BP will lay off around 20 people on its pipeline gas unit.

*business · news · 2026-05-15 · MarketScreener*

## Key points

- BP will dismantle its pipeline gas trading team and prioritize LNG trading operations.
- Around 20 employees from BP's pipeline gas unit will be laid off amid this restructuring.
- Remaining pipeline gas staff will be integrated into BP's expanding LNG trading division.
- The move reflects a pivot following Europe's shift from Russian pipeline gas to LNG since 2022.
- BP's renewed focus on LNG aligns with its strategy to cut debt and deprioritize renewables.

**Companies:** BP
**Countries:** United Kingdom, Japan, Korea, Kuwait, Singapore, Taiwan, Australia

[Read the full story on MarketScreener](https://www.marketscreener.com/news/bp-to-cut-pipeline-gas-trading-team-as-lng-focus-grows-sources-say-ce7f5bd3d981f121)

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