Equatorial Guinea LNG Project, Bioko Island, Punta Europa

Specifications - Equatorial Guinea LNG Project, Bioko Island, Punta Europa, Equatorial Guinea


Key Data
Order Year2004
Construction Started2005
Project TypeLiquefied Natural Gas (LNG) terminal and pipeline
LocationBioko Island, Equatorial Guinea
Estimated Investment$1.4bn
CompletionPhase 1 – 2007; phase 2 – 2008
Production and AimSupply of Atlantic Basin with LNG resources
Key Players
SponsorsMarathon Oil (60%), Compania Nacional de Petroleos de Guinea Ecuatorial (GEPetrol) (25%), Mitsui & Co Ltd (Mitsui) (8.5%), Marubeni Corporation (Marubeni) (6.5%).
Leading CompanyEquatorial Guinea LNG Company Limited (EG LNG Co)
Lead Contractors and DesignersBechtel, Connoco Philips
LNG Supply ContractBG Gas Marketing Ltd (BGML), a subsidiary of BG Group plc – a 17-year contract


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