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    Exxon eyes more long-term LNG deals with India: press

Summary

ExxonMobil currently has a long-term contract to annually supply 1.5mn metric tons/year to India’s Petronet LNG.

by: Shardul Sharma

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Complimentary, Natural Gas & LNG News, Asia/Oceania, Liquefied Natural Gas (LNG), Security of Supply, Corporate, Import/Export, News By Country, India, United States

Exxon eyes more long-term LNG deals with India: press

US major ExxonMobil is looking at signing more long-term LNG supply deals with India, company CEO Monte Dobson said, Reuters reported on February 4. 

"We're certainly happy to work with our friends and partners in India to sign the kind of long-term contracts that allow a large part of the energy demand to be de-risked from a price perspective," Dobson said at World Energy Policy Summit.

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At present ExxonMobil has a long-term contract to supply 1.5mn metric tons/year to India’s Petronet LNG.

ExxonMobil signed a non-binding MoU in 2020 with Indian state-run firm, Indian Oil Corporation, for the introduction of ISO containers for the Indian gas market.