Punta Europa LNG Terminal
| Part of the Global Gas Infrastructure Tracker, a Global Energy Monitor project. |
Punta Europa LNG Terminal, also known as EG LNG T1, Equatorial Guinea LNG 1, EGLNG1, and Bioko LNG Terminal, is an LNG export terminal in Equatorial Guinea with units that are operating and cancelled (inferred 4 y).
Location
Table 1: Location details
| Name | Location | Coordinates (WGS 84) |
|---|---|---|
| T1 | Malabo, Bioko Island, Equatorial Guinea[1] | 3.776, 8.7015 (exact) |
| T2 | Malabo, Bioko Island, Equatorial Guinea[1] | 3.776, 8.7015 (exact) |
The map below shows the exact location of the terminal:
Project Details
Table 2: Infrastructure details
| Name | Facility type | Status | Capacity | Total terminal capacity | Offshore | Associated infrastructure |
|---|---|---|---|---|---|---|
| T1 | export[2] | operating[3] | 3.7 mtpa[3] | 8.1 mtpa | False | – |
| T2 | export[4] | cancelled (inferred 4 y) | 4.4 mtpa[4] | 8.1 mtpa | False | – |
Table 3: Cost
| Name | Facility type | Cost | Total known terminal costs |
|---|---|---|---|
| T1 | export[2] | US$1,500,000,000[5] | US$1,500,000,000 |
| T2 | export[4] | – | US$1,500,000,000 |
Financing
No financing data available.
Table 4: Project timeline
| Name | Facility type | Status | Proposal year | FID year | Construction year | Operating year | Inactive year |
|---|---|---|---|---|---|---|---|
| T1 | export[2] | operating[3] | 2004[4] | – | 2005[4] | 2007[3] | – |
| T2 | export[4] | cancelled (inferred 4 y) | 2006[4] | 2012 (Pre-FID)[6] | – | –[6][6] | 2021 (cancelled) |
Ownership
Table 5: Ownership
| Name | Facility type | Status | Owners | Parent companies | Operator |
|---|---|---|---|---|---|
| T1 | export[2] | operating[3] | EG LNG [100%][3] | Marathon Oil Corp [60.0%]; Sonagas [25.0%]; Mitsui Group [8.5%]; Marubeni Corp [6.5%] | EG LNG[3] |
| T2 | export[4] | cancelled (inferred 4 y) | EG LNG [100%][3] | Marathon Oil Corp [60.0%]; Sonagas [25.0%]; Mitsui Group [8.5%]; Marubeni Corp [6.5%] | EG LNG[3] |
Background
Train 1
Punta Europa LNG Terminal is an LNG terminal on Bioko Island, in Equatorial Guinea. It consists of a single train with capacity of 3.7 million metric tons per year (mtpa), or 0.53 billion cubic feet per day (bcfd). It is owned by a joint venture of four companies, with a majority stake held by U.S. company Marathon Oil.[7][8] The project was completed in May 2007, and cost $1.5 billion.[9]
In 2024, ConocoPhilips bought Marathon Oil, acquiring its stake in the project.[10]
Train 2
The project to build a second train at EG LNG has existed since the first train was finished in 2007. As of 2011, an MOU had been signed for the second train, and the plant's owners had contracted Bechtel to build it. The second train would have additional capacity of 4.4 million mtpa.[11][12] The planned FID was 2012, with first LNG trading in 2016.[12]
According to a January 2017 article, the push for Marathon to build a second train was coming from the government of Equatorial Guinea. Marathon countered that the reserves that it still had available on the Alba gas field weren't even fully enough for the first train, let alone enough to justify building a second. The dispute also revolved around access to additional gas blocks, which the government was holding for use by a separate petrochemical facility.[13]
As of 2021, there have been no project updates in over 4 years, and the expansion is presumed to be cancelled.
Articles and Resources
Additional data
To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.
References
- ↑ 1.0 1.1 https://www.google.com/maps/place/Equatorial+Guinea+LNG/@3.7512263,8.6811465,14446m/data=!3m1!1e3!4m6!3m5!1s0x10669b888e59b619:0xc557bbcaf42329ae!8m2!3d3.7759565!4d8.7016392!16s%2Fg%2F11c1r7xhbj?entry=ttu&g_ep=EgoyMDI1MDYxNy4wIKXMDSoASAFQAw%3D%3D.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 2.2 2.3 https://docs.google.com/spreadsheets/d/1tcS6Wd-Wp-LTDpLzFgJY_RSNDnbyubW3J_9HKIAys4A/edit?gid=575268689.
{{cite web}}: Missing or empty|title=(help) - ↑ 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 (PDF) https://giignl.org/wp-content/uploads/2022/05/GIIGNL2022_Annual_Report_May24.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ 4.0 4.1 4.2 4.3 4.4 4.5 4.6 4.7 https://www.offshore-technology.com/projects/bioko-lng/?cf-view.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.chron.com/news/article/prn-marathon-and-partners-deliver-first-lng-1798014.php.
{{cite web}}: Missing or empty|title=(help) - ↑ 6.0 6.1 6.2 https://www.enerdata.net/publications/daily-energy-news/signature-mou-lng-train-2-equatorial-guinea.html.
{{cite web}}: Missing or empty|title=(help) - ↑ About EG LNG, Equatorial Guinea LNG Holdings Ltd website, accessed June 2017.
- ↑ Equatorial Guinea: Operations, Marathon Oil website, accessed June 2017.
- ↑ "Marathon and Partners Deliver First LNG Cargo From Equatorial Guinea Train 1 LNG Project Six Months Ahead of Original Schedule". chron.com. 2007-05-24. Retrieved 2025-06-24.
{{cite web}}: CS1 maint: url-status (link) - ↑ Staff, LNG Prime (2025-06-12). "ConocoPhillips loads its first Equatorial Guinea LNG cargo". LNG Prime. Retrieved 2025-06-24.
- ↑ Equatorial Guinea liquefied natural gas Train 2 integrated project, Creamer Media's Engineering News, 24 June 2011.
- ↑ 12.0 12.1 Cite error: Invalid
<ref>tag; no text was provided for refs named:1 - ↑ Marathon stands up to Gabriel Obiang on EG LNG, Africa Energy Intelligence, 17 Jan. 2017.
