Cap Lopez FLNG Terminal

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Cap Lopez FLNG Terminal is a liquefied natural gas (LNG) export terminal proposed in Gabon.

Location

The terminal is proposed to be located in Cap Lopez, Gabon.

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Project details

• Operator: Perenco

• Owner: Perenco

• Parent company: Perenco

• Location: Cap Lopez, Gabon

• Coordinates: -0.632279, 8.712530 (approximate)

• Capacity: 0.7 mtpa

• Trains:

• Status: Proposed

• Type: Export

• Start year: 2026

• Cost: US$1 billion

• Financing:

• FID status: FID (2023)

• Associated infrastructure: Cap Lopez Oil Export Terminal

Background

In December 2022, London-based oil and gas firm Perenco received technical approval from the Gabonese authorities for the construction of an LNG export terminal at Cap Lopez, Gabon.

In February 2023, Perenco announced a final investment decision (FID) on the project. The facility will have a capacity of 0.7 mtpa LNG and 0.2 mtpa liquefied petroleum gas (LPG). The project will expand on the existing Cap Lopez Oil Export Terminal operated by Perenco. Construction is expected to take 3 years, with the project coming online in 2026.

Perenco had bought the Cap Lopez terminal from TotalEnergies in 2021 for $350 million but was forced to suspend operations in April 2022 following a 300,000 barrel oil spill at the terminal.

In May 2024, a representative of Perenco said that construction was expected to begin within the coming weeks, and that the design was "a unique concept, where we have a liquefaction barge that will be built and all modules sent to the FSU which will be moored alongside the FLNG."