Companies

ExxonMobil, Petronet LNG sign contract

ExxonMobil and Petronet LNG have signed a sales and purchase agreement for the long-term supply of liquefied natural gas. The deal worth Australian $25 billion will see around 1.5 million tonnes of LNG from the Gorgon project (Western Australia) sold into India annually over a 20-year term. The Gorgon area holds more than 40 trillion cubic feet of gas, says a release from the Australian High Commission.

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Printable version | Jan 27, 2021 1:26:38 AM | https://www.thehindu.com/business/companies/ExxonMobil-Petronet-LNG-sign-contract/article16875784.ece

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