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ExxonMobil strikes LNG supply deal with Zhejiang Energy US...

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    ExxonMobil strikes LNG supply deal with Zhejiang Energy

    US energy major ExxonMobil signed a sales and purchase deal with Zhejiang Provincial Energy Group for liquefied natural gas supply.

    Under the agreement, Zhejiang Energy is expected to receive 1 million metric tons per annum of LNG over 20 years, ExxonMobil said in its statement on Monday.

    “This sales and purchase agreement represents an important milestone and provides a solid foundation for our strategic partnership with Zhejiang Provincial Energy Group,” said Peter Clarke, senior vice president of LNG at ExxonMobil.

    “ExxonMobil shares Zhejiang Energy’s vision in developing a major LNG gateway in the Ningbo-Zhoushan region,” Clarke said.

    “We look forward to continuing our support for Zhejiang Energy during the construction, commissioning and operation of its Wenzhou LNG receiving terminal,” he added.


    www.lngworldnews.com/exxonmobil-strikes-lng-supply-deal-with-zhejiang-energy/

    www.sourcewatch.org/index.php/Wenzhou_LNG_Terminal
 
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