ExxonMobil eyes more long-term gas supply deals with India
Global energy major ExxonMobil is looking at signing more long-term gas sales deals with India as rising spot prices have added to the appeal of longer duration contracts.
“We’re certainly happy to work with our friends and partners in India to sign the kind of long-term contracts that allow a large part of the energy demand to be de risked from a price perspective,” said Monte Dobson, CEO, ExxonMobil Gas (India).
At present Exxon has a long-term contract to annually supply 1.5 million tonnes of liquefied natural gas to Indian firm Petronet LNG.
