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.