Natural Gas and Power Marketing

Reliable economic supplies of natural gas and power are fundamental to the world’s economic growth. ExxonMobil employs a worldwide team of commercial experts, with detailed knowledge of global energy markets, to maximize the value of the company’s gas, natural gas liquids, and power interests.

Over the coming decades, natural gas is expected to play an increasingly important role in fueling the world’s economic growth. ExxonMobil sells approximately 11 billion cubic feet of gas per day and is active across the gas value chain in most major markets. Our global presence, combined with our ability to leverage expertise across our Upstream, Downstream, and Chemical businesses enables us to create innovative integrated solutions. This provides an important competitive advantage and positions ExxonMobil strongly to help meet the world’s growing natural gas and power demands.

Power Activities
ExxonMobil has interests in about 16,000 megawatts of power generation capacity worldwide. This includes a majority interest in the Castle Peak Power Company that generates electricity for consumers in Hong Kong and mainland China. In 2009, ExxonMobil and our partners awarded contracts for front-end engineering and design for a new 500-megawatt power plant in Nigeria. We are an industry leader in the application of cogeneration technology with interests in approximately 4900 megawatts of capacity. We continue to look for opportunities around the world to make use of cogeneration to efficiently supply the power and steam demands of our facilities.