This enabling agreement sets the terms, conditions, and commercial framework for Chart to provide LNG equipment, technology, and services for ExxonMobil’s global portfolio of projects. Specifically, the agreement includes
ExxonMobil boosting LNG business
ExxonMobil recently said it expects its annual LNG sales to surpass 40 million metric tons per annum of LNG by 2030, as it continues to expand its global LNG portfolio.
The company has four large LNG projects under development.
The addition of these projects further expands the company’s global LNG footprint and market access.
ExxonMobil expects to achieve first LNG sales from the Golden Pass development in the US and from the Qatar North Field East expansion project near the end of 2025.
The company is also targeting final investment decisions at Papua New Guinea’s Papua LNG project in 2025 and at Mozambique’s Rovuma development in 2026.
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