AsiaContracts and Tenders

Singapore’s Pavilion inks 6-year LNG supply deal with Chevron

By LNG Prime Staff
Singapore's Pavilion inks 6-year LNG supply deal with Chevron
At the signing ceremony (Image: Pavilion Energy)

US energy giant Chevron has signed a six-year deal to supply liquefied natural gas (LNG) to a unit of Singapore’s Pavilion Energy.

Under the sale and purchase agreement, Temasek’s Pavilion Energy will buy 0.5 million tonnes of LNG per year to Singapore from 2023, according to a statement released on Monday.

Frédéric Barnaud, CEO of Pavilion Energy, and Law Tat Win, Chevron Singapore country chairman, signed the agreement.

Furthermore, each cargo delivered under this agreement will come with a statement of its greenhouse gas emissions measured from wellhead to discharge port, including LNG transportation, Pavilion said.

The new agreement follows a 10-year supply deal Pavilion Energy signed with Qatar Petroleum’s newly-established LNG trading unit in November which also included a GHG statement.

In addition to supplying LNG to Singapore, Pavilion Energy and its strategic partners will co-develop and implement a GHG quantification and reporting methodology for LNG, Pavilion said.

Moreover, the Singaporean firm added that it develops the methodology based on “internationally recognised standards.”

Most Popular

LNG Terminals

Atlantic LNG shipping rates down, Pacific rates climb

Atlantic spot LNG shipping rates dropped this week, while Pacific rates rose compared to the week before, according to Spark Commodities.
LNG Terminals

Cheniere nears launch of seventh Corpus Christi expansion train

US LNG exporter Cheniere is close to launching the seventh and final train of the Corpus Christi Stage 3 expansion project in Texas.
LNG Terminals

Vietnam’s Cai Mep LNG terminal starts gas deliveries to Phu My power complex

Nebula Energy’s AG&P LNG has started delivering natural gas from Vietnam's Cai Mep liquefied natural gas (LNG) import terminal to the 900 MW Phu My 2.1 and 2.1E power plants operated by EVNGENCO3.
spot_img

More News Like This

LNG as Fuel

Singapore LNG bunkering volumes remain steady in June

Singapore’s monthly LNG bunkering sales remained steady in June compared with the same month last year, according to the Maritime and Port Authority of Singapore.
Contracts and Tenders

Chevron pens Western Australian gas supply deal with Alinta

Chevron’s Australian unit has signed a new long-term deal with Alinta Energy to deliver domestic natural gas from its Gorgon and Wheatstone LNG projects and the Woodside-led NWS JV.
LNG as Fuel

Singapore LNG bunkering volumes hit new record in May

Singapore’s monthly liquefied natural gas (LNG) bunkering sales reached a new record in May, according to Singapore’s Maritime and Port Authority.
Vessels

MOL’s newbuild LNG carrier gets sails in South Korea

South Korea's Hanwha Ocean has completed the world’s first installation of the wind challenger system on an LNG carrier. The LNG carrier is owned by Japan's MOL and chartered by US energy giant Chevron.