24 May 2004 — INEOS Fluor has confirmed that it has reached agreement to sell two million tonnes of Certified Emission Reductions (CERs) to an undisclosed European corporate buyer. The company involved has committed to purchase a forward stream of CER’s over 6 years, beginning in 2006. The trade, which was brokered by Natsource Tullett (London), will help to cover the buyer’s needs, under the EUETS and the first commitment period of the Kyoto Protocol.

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