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INEOS signs LNG supply agreement with Marubeni Corporation (updated)

UPDATE 1-INEOS signs LNG supply agreement with Marubeni Corporation 

Updates with detail on supply agreement

- INEOS Energy said on Tuesday it has signed a liquefied natural gas supply agreement with Marubeni Corporation for delivery into Asia from 2029.

Under the agreement, INEOS Energy will supply LNG on a delivered ex-ship basis to Marubeni, it said in a statement.

INEOS Energy did not specify the duration or volume of the supply agreement in its statement. But a company spokesperson said the LNG could be delivered to Marubeni in Japan, or Marubeni could nominate delivery into South Korea, Taiwan or China.


(Reporting by Anjana Anil in Bengaluru and Emily Chow in Singapore
Editing by Bernadette Baum and Joe Bavier)

((Anjana.Anil@thomsonreuters.com;))

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