A unit of UK’s Ineos has signed a liquefied natural gas (LNG) supply agreement with Japan’s Marubeni for delivery into Asian markets, marking the company’s first LNG deliveries into the Pacific Basin.
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Japan's Marubeni said it had transferred its entire 40 percent stake in Everpower IPP, which operates an LNG-fired combined cycle power generation project in Taiwan, to the Jack Wang Motors Group, Everpower’s largest shareholder.