EG LNG

EG LNG (Equatorial Guinea Liquefied Natural Gas) refers to the liquefied natural gas production and processing facilities located in Punta Europa, Bioko Island, Equatorial Guinea.

EG LNG is a critical component of Equatorial Guinea's hydrocarbon industry, serving as the nation's primary LNG plant. It processes natural gas derived primarily from offshore gas fields, liquefying it for transportation via specialized LNG carriers to international markets. The project represents a significant investment in the country's energy infrastructure, contributing substantially to its economy through exports and revenue generation.

The plant consists of multiple processing trains, enabling it to convert natural gas into LNG. The LNG produced is typically sold under long-term contracts and spot market transactions to various global buyers.

Ownership of EG LNG has varied over time but typically involves a consortium of international energy companies and the government of Equatorial Guinea. The specific ownership structure can be complex and subject to change.

The establishment of EG LNG has had a multifaceted impact on Equatorial Guinea, offering both economic opportunities and environmental considerations. Environmental safeguards and sustainable practices are important aspects of its operations.