Petronet signs revised LNG buy deal with Exxon
12/15/2017
NEW DELHI (Reuters) — India’s Petronet LNG signs revised 1.44 MMtpy long-term LNG purchase deal with Australian unit of Exxon Mobil Petronet said in a statement.
The new agreement links Gorgon LNG pricing to current oil prices. Petronet to buy LNG on delivered basis instead of free on board basis.
Petronet to buy an additional 1.2 MMtpy LNG from Exxon for 15 yr.
Reporting by Nidhi Verma, editing by David Evans
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