INEOS Energy has signed an LNG supply agreement with Marubeni Corp for delivery into Asian markets.
This marks the company’s first LNG deliveries into the Pacific Basin.
Under the agreement, INEOS will supply LNG on a delivered ex-ship basis.
This agreement represents an important milestone in INEOS Energy’s LNG growth strategy, extending its portfolio beyond the Atlantic Basin into one of the world’s most dynamic LNG demand regions, the company said.
David Bucknall, INEOS Energy CEO, said: “This agreement with Marubeni marks an important milestone for INEOS as we expand our LNG activities into Asia. The Pacific Basin is a key growth market for LNG and this deal provides a platform for growth in the region.
“We continue to build a diversified and flexible LNG portfolio and are delighted to have Marubeni as a strong and established partner,” he said.
Masahiro Yamazaki, COO, Energy & Chemicals Div of Marubeni Corp, added: “We are grateful to conclude this agreement with INEOS Energy and looking forward for the collaboration in the global LNG sector.”
Asia continues to be a key global LNG demand centre, underpinned by structurally growing energy requirements and fuel switching across the power and industrial sectors. This agreement supports continued access to secure and flexible LNG supply in the region, INEOS said.
The transaction further reinforces the company’s strategy to develop a globally diversified LNG portfolio, spanning Atlantic and Pacific Basin markets, and to provide reliable energy solutions to customers worldwide, it added. (June 2, 2026, Source: https://lngjournal.com/index.php/latest-news-mainmenu-47/item/116480-ineos-agrees-lng-supply-agreement-with-marubeni)
ASIA - LNG - SUPPLIES - IMPORTS - EXPORTS