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EG LNG (Train 2)

Proposed

Project Details

CountryEquatorial Guinea
LocationPunta Europa, Bioko Norte
Terminal TypeLiquefaction (Export)
Rig TypeOnshore
Capacity4.4 mtpa / 6 bcm
Trains1
Start Date-
Cost (US$bn)-
Origin-
Destination-
OwnersMitsui {Japan}, Sonangol {Angola}, ConocoPhillips {United States}, Marubeni Corporation {Japan}
BuyersGlencore {Switzerland}

Status Notes

September 2025 - The project has a capacity of 4.4mntpa; November 2024 - ConocoPhillips has completed the acquisition of Marathon Oil Corporation; October 2023 - Marathon Oil Corporation has entered into a five-year firm LNG sales agreement with Glencore Energy UK Ltd; June 2023 - Marathon Oil has signed a heads of agreement (HOA) with the Republic of Equatorial Guinea and Noble Energy which will help further leveraging and extending the life of the project; As per January 2020, Second train at LNG complex under consideration

Last reviewed: 13 Jan 2026