ExxonMobil to Supply LNG to China's Zhejiang Energy

ExxonMobil has signed a sales and purchase agreement with China’s Zhejiang Provincial Energy Group for supply of 1mn metric tons/year of LNG over 20 years, it said April 22.

Zhejiang is planning to build an LNG receiving terminal in the Ningbo-Zhoushan region.

“ExxonMobil shares Zhejiang Energy’s vision in developing a major LNG gateway in the Ningbo-Zhoushan region,” Peter Clarke, senior vice president of LNG at ExxonMobil said. “We look forward to continuing our support for Zhejiang Energy during the construction, commissioning and operation of its Wenzhou LNG receiving terminal."