Exxon Mobil Corporation (XOM) has signed an agreement with Guangdong Energy Group in Chinato to use its new LNG receiving terminal for 20 years. The $1 billion LNG receiving terminal is located in Huizhou in the Guangdong province. This terminal is expected to begin commercial operations in the upcoming week, per Reuters.The LNG terminal has the capacity to handle 4 million metric tons of liquefied natural gas per year. Furthermore, for trial operations, the terminal has received its initial cargo from the ...