Article: China : Sinopec Signs LNG Deal With ExxonMobil.

Byline: manish03

Unipec Asia Company, a subsidiary of China Petroleum and Chemical Corporation, has signed a long-term liquid natural gas supply agreement with Esso Highlands Limited, a subsidiary of ExxonMobil Corporation.

Under the framework agreement, Unipec will import two million tonnes of LNG each year from Esso Highlands's Papua New Guinea LNG project an integrated development which includes gas production and processing facilities, onshore and offshore pipelines, and LNG plant facilities.

Ron Billings, the vice president of ExxonMobil Gas and Power Marketing, said that with this agreement in place, the PNG LNG project is now conducting ...

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