Equatorial Guinea LNG
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.
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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.