Regional gas hub

Following the acquisition of Marathon Oil in 2024, ConocoPhillips became a 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. 
  • 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.