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ARC RESOURCES LTD. ANNOUNCES LONG-TERM SALE AND PURCHASE AGREEMENT WITH EXXONMOBIL

Summary by Benzinga
CALGARY, AB, March 11, 2025 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company"), announced today it has entered into a long-term sale and purchase agreement ("SPA" or "the Agreement") with ExxonMobil LNG Asia Pacific ("EMLAP"), an ExxonMobil affiliate, for the supply of liquefied natural gas ("LNG"). Under the Agreement, EMLAP will purchase all of ARC's LNG offtake from the Cedar LNG Project – approximately 1.5 million tonnes per ann…

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Benzinga broke the news in New York, United States on Tuesday, March 11, 2025.
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