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INEOS signs shale gas deal with Britain's IGas

by ChemOrbis Editorial Team -
  • 10/03/2015 (15:50)
Petrochemical giant INEOS has signed a shale gas deal with Britain’s largest shale gas developer IGas, according to media reports. The transaction value was reported at 30 million pounds ($45 million).

Through the deal, INEOS will be able to access to shale sites outside of Scotland while IGas will have another partner to help fund its projects. As part of the new deal, INEOS will also invest around £138 million in developing shale gas sites across England.
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