Arc Resources (OTCPK:AETUF) said Tuesday it signed an agreement to supply Exxon Mobil's (XOM) Asian affiliate with liquefied natural gas. Under the deal terms, Exxon Mobil LNG Asia Pacific (XOM) will purchase all 1.

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.

ARC Resources (TSX:ARX) has inked an LNG offtake agreement with ExxonMobil LNG Asia Pacific (EMLAP), with the LNG to be supplied through the Cedar LNG terminal in Kitimat.

ARC Resources Ltd. ("ARC" or the "Company"), announced today it has entered into a long-term sale and purchase agreement ("SPA" or

(TSX: ARX) has entered into a long term sale and purchase agreement for its offtake from the Cedar LNG project in British Columbia, which will see the sale of its liquefied natural

ARC Resources said on Tuesday it had entered into a long-term liquefied natural gas supply agreement with a unit of Exxon Mobil .

ExxonMobil Asia Pacific Global LNG marketing vice-president Andrew Barry added: "This agreement provides ExxonMobil with advantaged access to Asian LNG markets by establishing Exx