EG LNG

EG LNG

EG LNG is a LNG company that operates a liquid natural gas terminal and plant in Malabo, Bioko Island, Equatorial Guinea. The LNG plant began operation in 2007.cite web | publisher= Marubeni Corporation |url= http://www.marubeni.com/news/2007/070525e.html | title = EG LNG Completes Delivery of First LNG Cargo from Train 1 Plant in Equatorial Guinea. Press release | date = 2007-05-25 | accessdate=2007-07-11]

LNG plant

The plant's Train 1 has a capacity of 3.4 million metric tonnes per annum. Several systems are in places such as feed gas metering, liquefaction, refrigeration, ethylene storage, boil off gas compression, product transfer to storage and LNG product metering.cite web | publisher= Scandinavian Oil-Gas Magazine |url= http://www.scandoil.com/moxie-bm2/gas/lng_gas/marathon-and-partners-awa.shtml | title = Marathon and partners award front end engineering and design contract for train 2 LNG project in Equatorial Guinea | date = 2006-08-24 | accessdate=2007-07-11] The EG LNG plant utilizes the ConocoPhillips Optimized Cascade(SM) Process.cite web | publisher= Rigzone |url= http://www.rigzone.com/news/article.asp?a_id=45607 | title = Marathon, Partners Make Early LNG Delivery from Bioko Island | date = 2007-05-24 | accessdate=2007-07-11]

A planned second train will produce 4.4 million metric tonnes of LNG per annum. In addition to the construction of the second train, the US$3 billion project includes construction of three gas pipelines to connect Nigeria, Cameroon and Equatorial Guinea gas fields with the LNG plant. In addition to the shareholders of the Train 1, Unión Fenosa Gas, a joint venture of Unión Fenosa and Eni, and E.ON will participate in this project.cite web | publisher= Downstream Today |url= http://www.downstreamtoday.com/News/Articles/200802/Fenosa_E_ON_To_Build_Second_LNG_Train_i_8873.aspx | title = Fenosa, E.ON To Build Second LNG Train in Gulf of Guinea | date = 2008-02-22 | accessdate=2008-02-23]

hareholders

The shareholders in EG LNG Co are:
*Marathon Oil (60%);
*Sonagas, the National Gas Company of Equatorial Guinea (25%);
*Mitsui & Co., Ltd. (8.5%);
*Marubeni Corporation (6.5%).

References

External links

* [http://www.equatorialoil.com/pages/EG%20LNG%20page.htm Equatorial Oil's EG LNG page]


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