Marathon sees 2016 'window' for Equatorial Guinea LNG expansion

摘要

Marathon, operator of Equatorial Guinea's sole liquefaction train, said Wednesday that the prospects for expansion on Bioko Island will be enhanced by rebounding global LNG demand, which the US company estimates will start from 2016. "We expect a supply gap for LNG starting from 2016, or 2017 at the latest, that will create a window of opportunity for EG [Equatorial Guinea] LNG Train 2," David Hughes, business development director at Marathon told delegates at a Gulf of Guinea Oil and Gas conference in London on Wednesday.