Exxon Mobil signs framework agreement on LNG supply with Zhejiang Energy

Exxon Mobil Corp has signed a framework agreement on a 15-year liquefied natural gas (LNG) supply deal with Zhejiang Provincial Energy Group.

Peter Clarke, the President of Exxon Mobil gas and power marketing, made the announcement on Thursday, marking Zhejiang Energy’s first long-term supply deal.

Clarke was quoted as saying at the International Petroleum and Natural Gas Enterprise conference at Zhoushan, near Shanghai. (Reuters/NAN)