HomeNewsINEOS Enters the Liquified Natural Gas (LNG) Market with a 1.4 Million Tonne per Annum Agreement with Sempra Infrastructure

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INEOS Enters the Liquified Natural Gas (LNG) Market with a 1.4 Million Tonne per Annum Agreement with Sempra Infrastructure

6/22/2022

INEOS Energy - Press release INEOS Energy has today signed a Heads-of-Agreement with Sempra Infrastructure for the potential supply of 1.4 million tonnes per annum of LNG from North America for 20 years. LNG will be delivered free-on-board, from either the proposed Port Arthur LNG Phase 1 project or the Cameron LNG Phase 2 projects. The long-term agreement marks INEOS’ entry into the global Liquified Natural Gas (LNG) market. The company is a first mover among European corporates as it secures competitive sources of energy to meet its own needs and those of its customers throughout the energy transition. INEOS intends to build partnerships with other industrial users of energy in Europe t

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