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ExxonMobil signs 20-year LNG agreement with Zhejiang Energy

ExxonMobil has signed a sales and purchase agreement with China’s Zhejiang Provincial Energy Group to supply 1mn t/y of LNG over 20 years.

Zhejiang Energy is planning to develop a major LNG gateway in the Ningbo-Zhoushan region of China, and is to build an LNG receiving terminal at Wenzhou.

News Item details


Journal title: Petroleum Review

Countries: China -

Subjects: Liquefied natural gas, LNG markets

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