Equatorial Guinea LNG

Regional gas hub

Following the acquisition of Marathon Oil in 2024, ConocoPhillips became the main shareholder in Equatorial Guinea LNG. The facility has operated reliably since 2007 and processes gas under a tolling and profit-sharing arrangement. The ConocoPhillips Optimized Cascade® Process is employed at Equatorial Guinea LNG. 

Diverse supply in the company’s global LNG portfolio 

  • ConocoPhillips lifts and delivers equity LNG to international markets. 
  • LNG volumes are marketed to third parties and indexed to global LNG prices. 

Operational highlights 

  • The Equatorial Guinea LNG (EG LNG) facility has a capacity of 3.7 million tonnes per annum (MTPA) (ConocoPhillips 56%, SONAGAS 37.93%, Marubeni 6.07%). 
  • The EG LNG facility has shipped more than 900 cargos without missing a scheduled delivery. 
  • The dedicated loading terminal accommodates tankers up to 175,000 cubic meters. 
  • Two insulated storage tanks provide a total working capacity of approximately 270,000 cubic meters. 
  • Gas is currently contracted from the Alba and Alen offshore fields. 
  • Tanker off the coast of Equatorial Guinea

    Equatorial Guinea LNG

    ConocoPhillips lifts equity LNG at Equatorial Guinea and delivers to international markets, while the EG LNG facility also uses the company’s Optimized Cascade® Process.

    Learn more at eglng.com
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    “With the acquisition of Marathon Oil, ConocoPhillips strengthened its global portfolio by adding a significant integrated gas business in Equatorial Guinea. We are now the main shareholder in Equatorial Guinea LNG, expanding our ability to deliver reliable energy to global markets and reinforcing our leadership in the LNG sector.”
    - Ryan Lance, chairman and chief executive officer