EG LNG (Train 2)

ProposedEquatorial Guinea·Liquefaction (Export)

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

May 2026 - The project is operational; 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: 17 Jul 2026