Ineos Signs Contract with Range Resources For Import of Shale Gas to Grangemouth

摘要

London— Ineos has signed a long-term agreement with Range Resources for the supply of shale-derived ethane from the U.S. to Ineos' Grangemouth, Scotland, petrochemical complex, according to several sources, which Ineos declined to confirm as of PCN's deadline. The agreement runs for a period of 15 years, with the first delivery expected in 2016. To accommodate the imports, Ineos, as part of a ￡300-million survival plan for the complex, earlier said it planned to build a gas terminal for ethane imports from the U.S. (PCN, 28 Oct 2013, p 1).