Central Africa
Equatorial Guinea Launches US$475m Alen Gas Backfill Project
The Alen gas monetization backfill project represents the first phase of the strategic vision to transform Equatorial Guinea into a Gas Mega Hub through the development of several offshore gas hubs and monetization of neighboring gas reserves.
Aggregating gas from upstream producers and delivering it to onshore industry, the Mega Hub aims to create new efficiencies and safeguard the steady production of liquefied natural gas (LNG) in Equatorial Guinea, as well as reduce dependency on single upstream producers.
The Alen backfill project provides for the monetization of 580
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