Canadian energy company ARC Resources has entered into a long-term sale and purchase agreement (SPA) with ExxonMobil LNG Asia Pacific (EMLAP). Under the agreement, EMLAP will buy all of ARC’s LNG offtake from the Cedar LNG Project – approximately 1.5 million tonnes per annum (mtpa) – at international LNG pricing.

ARC Resources (TSX:ARX) has inked an LNG offtake agreement with ExxonMobil LNG Asia Pacific (EMLAP), with the LNG to be supplied through the Cedar LNG terminal in Kitimat.

Woodside Energy Group Ltd. has signed an agreement with China Resources Gas International to send liquefied natural gas to the Asian country, the first binding supply deal for the fuel between Chinese and Australian companies in years.