The governments of Equatorial Guinea and Nigeria have signed an agreement to build the gas pipeline project in the Gulf of Guinea.

This will transport gas from Nigeria to Equatorial Guinea’s LNG processing plants in Punta Europa on the island of Bioko, which are owned by EG LNG.

“By partnering with Nigeria, we are strengthening not only bilateral cooperation but also regional cooperation to ensure a safe and reliable gas supply to our LNG plant in Punta Europa for years to come,” said Antonio Oburu Ondo, Minister of Mines and Hydrocarbons of Equatorial Guinea.

The GMH plant in Punta Europa, Equatorial Guinea, which began operations in 2007, initially processed gas from Marathon Oil’s Alba offshore field.

Alternative sources of raw materials are currently being developed; Marathon and Chevron signed an agreement with Equatorial Guinea last year to advance the next phases of the GMH.

The first phase of expansion, completed in 2021, involved connecting Noble Energy’s offshore Alen Field to the facility, with the first gas delivery following later that year.

The second phase will process gas from Alba under new contract terms, and a third phase will process gas from the Aseng field operated by Noble (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.