Exxon in LNG deal with Zhejiang

EXXONMOBIL said this week it had signed a sales and purchase agreement with Zhejiang Provincial Energy Group for LNG supply.
Exxon in LNG deal with Zhejiang  Exxon in LNG deal with Zhejiang  Exxon in LNG deal with Zhejiang  Exxon in LNG deal with Zhejiang  Exxon in LNG deal with Zhejiang

Peter Clarke

Staff Reporter

In terms of the agreement, Zhejiang Energy is expected to receive one million metric tonnes per annum of LNG over 20 years.
 
"This sales and purchase agreement represents an important milestone and provides a solid foundation for our strategic partnership with Zhejiang Provincial Energy Group," Exxon official Peter Clarke said.
 
"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."
 
ExxonMobil says it has been involved with China's energy industry since the late 1970s. With a long-term commitment to China, ExxonMobil expects to help meet China's energy needs through its products, technologies, partnerships and investments.
 
 

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