XOM - ExxonMobil's LNG Leap: Secures 1.2 MTPA Boost From Mexico Pacific Project | Benzinga
Mexico Pacific penned a third long-term Sales and Purchase Agreement (SPA) with Exxon Mobil Corp (NYSE:XOM) ExxonMobil LNG Asia Pacific for an additional 1.2 million tonnes per annum (MTPA) of Liquefied Natural Gas (LNG).
XOM inked the deal for LNG from Train 3 of Mexico Pacific’s Saguaro Energia project located on the west coast of Mexico.
As per the Train 3 LNG SPA, ExxonMobil will purchase LNG on a free-on-board basis over a 20-year term, with an option ...