By Emily Chow and Marwa Rashad
September 9, 2025
Exxon Mobil targets new LNG markets in Asia Pacific, Africa, Latam
LNG-fueled trucks and marine vessels are massive growth areas in China
Exxon dismisses LNG oversupply concerns, expects demand to meet new supply
First LNG from Sabine Pass Train 1 seen around year-end
MILAN, Sept 9 (Reuters) - Exxon Mobil (XOM.N), expects strong growth in demand for liquefied natural gas (LNG) in China, driven by transport and marine sectors, and sees rising opportunities in new markets across Asia Pacific, Africa and Latin America, a senior company executive told Reuters on Tuesday.
China, the world's largest LNG importer, signed deals on September 2 to boost gas supply through the existing Power of Siberia pipeline and to build the Power of Siberia 2, raising concerns in that this could displace China's appetite for imported LNG.