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INEOS closes shale deal with Britain’s IGas

by ChemOrbis Editorial Team -
  • 11/05/2015 (11:58)
According to media reports, INEOS has closed a deal with Britain’s largest shale gas developer IGas. INEOS now holds the majority stakes in IGas’ licences in the Bowland basin in the northwest of England.

INEOS has paid IGas a cash sum of £30 million and plans to invest around £138 million in developing shale gas sites across England.
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