finance

Britain's Ineos signs 20-year LNG deal with Sempra Infrastructure



© Reuters. A logo is pictured in the headquarters of INEOS chemicals company in Rolle, Switzerland, November 13, 2017. REUTERS/Denis Balibouse/Files

(Reuters) – Britain’s INEOS Energy, part of INEOS Group, has signed an agreement with U.S. firm Sempra Infrastructure for the supply of 1.4 million tonnes per annum of liquefied (LNG) from North America for 20 years, it said on Wednesday.

It marks INEOS’s entry into the global LNG market, with the volumes intended both for trading and supplying of INEOS’ own industrial needs in Europe, the company said.



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