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Exxon says Sinopec to buy Papua New Guinea LNG

Wed Nov 4, 2009 1:17am EST

Stocks

   

PERTH, Nov 4 (Reuters) - U.S. energy major ExxonMobil Corp (XOM.N) has reached a preliminary agreement to sell 2 million tonnes a year of liquefied natural gas (LNG) to a unit of China's Sinopec Corp (0386.HK), it said on Wednesday.

Exxon said the gas would be supplied from its Papua New Guinea LNG project. (Reporting by Fayen Wong; Editing by Mark Bendeich)



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