Asset Report
Alba (LNG)
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Alba is a giant gas/condensate field that came onstream in 1991 and marked Equatorial Guinea's debut as a hydrocarbon producer. The field is operated by Marathon Oil. It is the sole supplier of feedgas to Equatorial Guinea's LNG plant. The initial Alba development involved production of condensate and LPG, with any remaining gas flared. In mid-1993, condensate production was increased after an upgrade of the onshore facilities, and in 1997 the LPG plant capacity was expanded.
Table of contents
- Summary
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Key Issues
- LPG plant participation
- Methanol plant participation
- EG LNG participation
- Recent exploration
- Earlier exploration
- Emissions
- Key development metrics
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Initial development (1990-2003)
- Offshore infrastructure
- Initial condensate and LPG extraction facilities
- Methanol plant
- Phase 2 development (2004-2005)
- Phase 3 development (2004-2007)
- Alba compression project (2016)
- Methanol plant storage and transportation
- Exploration costs
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Capital costs
- Initial development (early 1990s)
- Phase 2a and 2b (early 2000s)
- Phase 3 (mid 2000s)
- Compression unit (mid 2010s)
- Infill drilling (2025)
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Operating Costs
- Gas sales to LPG Plant and onward LPG sales
- Sales to the EG LNG plant
- LNG export contracts
- 7 more item(s)...
Tables and charts
This report includes the following images and tables:
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Index mapAlba mapAlba upstream participation
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Pipeline SummaryOperating Costs 2026 to 2035 (US$ million)Cash Flow (US$)PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining Present Value Price Sensitivities
- 19 more item(s)...
What's included
This report contains:
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