Zhejiang Energy signs 20-year LNG SPA with ExxonMobil

April 24, 2019

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Zhejiang Provincial Energy Group signed an LNG SPA with ExxonMobil. Under the agreement, Zhejiang Energy is expected to receive 1 MTPA of LNG over 20 years. The LNG will be delivered to Wenzhou LNG receiving terminal with a capacity of 3 MTPA currently being constructed by Zhejiang Energy.

Edited from ExxonMobil press release.