Equatorial Guinea, oil and gas map focused on Bioko island

Equatorial Guinea: Marathon talks up Punta Europa gas sales upside

Issue 479 - 06 Mar 2023 - By James Gavin | 2 minute read

Marathon Oil Corporation has been talking up plans for its 3.7m t/yr Punta Europa liquefied natural gas (LNG) plant on Bioko Island, where it is looking to generate $1bn in profits in 2024, when it can drop the US Henry Hub indexation that has curbed its earnings potential.

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