NOT AN OFFICIAL UNCTAD RECORD GAS AND PETROCHEMICAL INDUSTRY IN EQUATORIAL GUINEA UNCTAD- FORUM , Nairobi, May 23th – 2 5nd , 2007 Juan Antonio NDONG ONDO General Director SONAGAS G.E. Agenda Introduction Development of Gas Industry in Equatorial Guinea
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GAS AND PETROCHEMICAL
INDUSTRY IN EQUATORIAL GUINEA
UNCTAD- FORUM, Nairobi,
May 23th – 25nd, 2007
Juan Antonio NDONG ONDO
With the initial production of national hydrocarbons, since 1991-1992, all related activities has constantly increased with the results of first produced products derived from: Condensate Gas, LPG mixed, methanol and others. The production diversification for the expansion of gas market in the country, is the current role of EG Government, planning in projects, such as the development of petrochemical industry.
The creation of values over regional gas, is another key role of the Government of Equatorial Guinea, on its project to gather the excess gas being flared in neighboring countries, by a pipeline system to the processing hub to be constructed in EG.
regional processing industry for lean gas,
LNG, LPG and other liquids,
for the entire Gulf of Guinea region.
Methanol (Atlantic Methanol Production)
- Butane ………………….. 8,000 Bbls/d
- Propane ………………… 14,000 Bbls/d
LNG Train 1
PARTNERS AND INTEREST:
- MARATHON E.G.: 45%
- NOBLE E.G.: 45%
- SONAGAS G.E.: 10%
PARTNERS AND INTEREST:-MARATHON E.G.: 60%
-SONAGAS G.E.: 25%
PARTNERS AND INTEREST:-MARATHON E.G.: 40%-NOBLE E.G.: 40%-SONAGAS G.E.: 20%