ExxonMobil India LNG, an affiliate of ExxonMobil, has inked a memorandum of understanding (MoU) with the Indian Oil Corporation (IndianOil) for expanding its liquefied natural gas (LNG) business initiatives in the country.
The companies together will focus on exploring new models of delivering cost-effective natural gas in India where it is most needed to complement traditional pipelines.
ExxonMobil has been delivering natural gas to India for nearly two decades.