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IOCL and ExxonMobil to enter in Natural Gas Pact

Energy Giant ExxonMobil has entered into an agreement with Indian Oil Corporation to explore new models of delivering cost-effective natural gas. The main aim of signing this agreement is to accelerate accessibility to affordable and cleaner energy in India. This collaboration is a strategic move by the global oil and gas player, Exxon Mobil to establish a strong foothold in the Indian gas market by focusing on delivering cost-effective natural gas model to complement the traditional pipelines. Such investments would progressively develop the gas infrastructure in the country.