December 15, 2017 / 1:21 PM / a month ago

India Petronet signs revised LNG buy deal with Exxon

NEW DELHI, Dec 15 (Reuters) -

* India’s Petronet LNG signs revised 1.44 million tonnes a year long-term liquefied natural gas (LNG) purchase deal with Australian unit of Exxon Mobil - Petronet statement

* New agreement links Gorgon LNG pricing to current oil prices

* Petronet to buy LNG on delivered basis instead of free on board basis

* Petronet to buy additional 1.2 million tonnes a year LNG from Exxon for 15 years (Reporting by Nidhi Verma, editing by David Evans)

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