Vitol Inc. and IRH Global Trading Ltd., a subsidiary of International Resources Holding (IRH), have executed a natural gas sale and purchase agreement. The companies announced the deal on June 25, 2026.
Under the agreement, Vitol will supply IRH with 1 million tonnes of liquefied natural gas (LNG) per year for 20 years. Deliveries will be made on a free-on-board (FOB) basis.
Pablo Galante Escobar, Vitol’s Global Head of LNG and European Gas & Power, said the agreement would build on the companies’ strong relationship.