ARC signs long-term LNG supply deal with ExxonMobil LNG Asia Pacific

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.

The deal starts on the launch of commercial operations at the Cedar LNG Facility in offshore Louisiana, expected late 2028, and will run for the term of ARC’s liquefaction tolling services agreement with Cedar LNG Partners.