INEOS Energy has signed a liquefied natural gas (LNG) supply agreement with Marubeni Corporation, marking the company’s first LNG deliveries into the Pacific Basin and a significant step in its international growth strategy.
Under the terms of the agreement, INEOS Energy will supply LNG to Asian markets on a Delivered Ex-Ship (DES) basis, providing customers with reliable and flexible access to LNG across the region. The deal extends the company’s LNG portfolio beyond its traditional Atlantic Basin operations and strengthens its presence in one of the world’s fastest-growing energy markets.
The agreement reflects INEOS Energy’s ambition to build a diversified global LNG portfolio capable of serving demand centres across multiple regions. Asia remains a critical market for LNG, driven by rising energy consumption, industrial growth, and ongoing fuel-switching initiatives aimed at supporting energy security and reducing emissions.
Commenting on the agreement, David Bucknall, CEO of INEOS Energy, described the partnership as an important milestone in the company’s expansion plans.
He noted that the Pacific Basin represents a key growth market for LNG and said the agreement provides a strong platform for further development in the region. Bucknall added that the company remains focused on building a flexible and diversified LNG portfolio and welcomed Marubeni as a trusted and experienced partner.
Marubeni Corporation also highlighted the significance of the collaboration. Masahiro Yamazaki, chief operating officer of the company’s Energy & Chemicals division, expressed appreciation for reaching the agreement and said Marubeni looks forward to working closely with INEOS Energy in the global LNG sector.
The partnership comes at a time when Asia continues to play a central role in global LNG demand. Structural growth in energy requirements, combined with increasing demand from power generation and industrial sectors, is expected to support long-term LNG consumption across the region.
For INEOS Energy, the transaction further advances its strategy of developing a globally balanced LNG portfolio spanning both Atlantic and Pacific Basin markets. The company aims to strengthen its ability to provide secure, flexible, and reliable energy solutions to customers worldwide while capitalising on emerging opportunities in international LNG trade.
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