Petronet signs revised LNG buy deal with Exxon
12/15/2017
NEW DELHI (Reuters) — India’s Petronet LNG signs revised 1.44 MMtpy long-term LNG purchase deal with Australian unit of Exxon Mobil Petronet said in a statement.
The new agreement links Gorgon LNG pricing to current oil prices. Petronet to buy LNG on delivered basis instead of free on board basis.
Petronet to buy an additional 1.2 MMtpy LNG from Exxon for 15 yr.
Reporting by Nidhi Verma, editing by David Evans
Sign up to Receive Our Newsletter
- Mitsubishi Heavy Industries Compressor acquires Swiss rotating equipment maintenance company AST Turbo AG
- Digital Exclusive: Evolving pressure relief valve designs protect LNG facilities
- Qatar’s Ras Laffan LNG hub hit by missile attack, ‘extensive damage’ reported
- JGC-Hyundai JV awarded EPC contract for major low-carbon LNG plant project in Papua New Guinea
- Iran attacks wipe out 17% of Qatar’s LNG capacity for up to five years
Comments