Equatorial Guinea will need new sources of natural gas to sustain its Punta Europa processing and liquefied natural gas (LNG) infrastructure as the mature Alba field declines, according to Wood Mackenzie.
In a report published October 5, the consultancy said the country’s Gas Mega Hub (GMH) has extended the life of Punta Europa by using existing infrastructure to commercialize gas from the Alen, Alba and Aseng developments. However, their combined supply is expected to eventually fall short of the capacity of the Equatorial Guinea LNG plant.
Chevron’s Alen tieback came on stream in 2021, followed by Alba infill drilling in 2025. Chevron sanctioned the single-well Aseng tieback in Block I in April 2026. Wood Mackenzie said Alen and Alba currently supply about 175 million cubic feet per day (mcfd) of feed gas, rising to more than 300 mcfd once Aseng starts production.
Together, the three phases are expected to commercialize about 1 trillion cubic feet (tcf) of gas over the next decade. The consultancy said the confirmed GMH phases will nevertheless fall short of EG LNG’s liquefaction capacity as the mature fields decline.
Wood Mackenzie identified Yoyo-Yolanda and Ebano among potential sources of additional gas for Punta Europa. Yoyo-Yolanda, a cross-border project unitized with Cameroon in February 2026, could deliver up to 350 mcfd through a subsea tieback to Alen, with first gas targeted for late 2029.
Smaller Equatorial Guinean discoveries across Alba and Blocks D, O, EG-23, EG-31 and EG-08 could provide nearly 2 tcf of potential backfill, much of it close to existing pipelines.
A larger opportunity could come from Block EG-27, now known as Ebano. With about 3 tcf of contingent resources, the consultancy said the project could potentially support a second LNG train at Punta Europa if a hub-based development proves more competitive than a standalone floating LNG (FLNG) option.