For the repulsive Blume-Emery-Griffiths model the phase diagram in the space of three fields, temperature (T ), crystal field (∆) and magnetic field (H), is computed on a fully connected graph, in the canonical and microcanonical ensembles. When the strength of the biquadratic interaction (K) is low, there exists a tricritical point where the three critical lines meet. As K decreases, new multicritical points like the critical end point and bicritical end point arise in the (T, ∆) plane. For K > −1, we observe that the two critical lines in the H plane and the multicritical points are different in the two ensembles. At K = −1, the two critical lines in the H plane disappear and as K decreases further, we see no phase transition in the H plane. Exactly at K = −1 the two ensembles become equivalent. Beyond that for all K < −1, there are no multicritical points and there is no ensemble inequivalence in the phase diagram. We also study the transition lines in the H plane for positive K i.e. for attractive biquadratic interaction. We find that the transition lines in H plane are not monotonic in temperature for large positive K.