The governments of Equatorial Guinea and Nigeria have signed an agreement for the construction of the Gulf of Guinea gas pipeline project.
This will transport gas from Nigeria to Equatorial Guinea’s LNG processing facilities at Punta Europa on Bioko Island, owned by EG LNG.
“By partnering with Nigeria…we are not only strengthening bilateral cooperation but also regional collaboration to ensure a secure and reliable supply of gas for our LNG facility at Punta Europa for years to come,” said Antonio Oburu Ondo, Minister of Mines and Hydrocarbons of Equatorial Guinea.
Equatorial Guinea’s GMH facility at Punta Europa, commissioned in 2007, initially processed gas from Marathon Oil’s offshore Alba Field.
Now alternative sources of feedstock are being developed, with Marathon and Chevron signing an agreement with Equatorial Guinea last year to advance the next stages of the GMH.
The first phase expansion, completed in 2021, involved the tieback of Noble Energy’s offshore Alen Field to the facility, with first gas following later that year.
Under the second phase, gas from Alba will be processed under new contractual terms, and a third phase will process gas from the Noble-operated Aseng Field (Noble is owned by Chevron).
Earlier this year, Equatorial Guinea also signed a bilateral trade agreement with Cameroon to jointly develop oil and gas projects along their shared maritime borders, including the Yoyo and Yolanda fields, the Etinde gas field, and the Camen and Diega fields.
