LNG equity projects

ConocoPhillips has equity ownership in multiple LNG liquefaction facilities that utilize the Optimized Cascade process.

Australia Pacific LNG — Queensland, Australia
In 2008, ConocoPhillips signed an agreement with Origin Energy to participate in a 50/50 joint venture that would be comprised of coal bed methane development, operated by Origin Energy, and a liquefied natural gas production project, operated by ConocoPhillips. 

Equatorial Guinea LNG — Bioko Island, Equatorial Guinea 
Following the acquisition of Marathon Oil in 2024, ConocoPhillips became the main shareholder in Equatorial Guinea LNG. The facility has operated reliably since 2007 and processes gas under a tolling and profit-sharing arrangement. The ConocoPhillips Optimized Cascade® Process is employed at Equatorial Guinea LNG.   

^{Optimized Cascade® is a registered trademark of ConocoPhillips Company in the United States and certain other countries.}