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

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.”

- Advertisements -

Most Popular

Tellurian says Shell, Vitol LNG supply deals terminated

US LNG firm Tellurian, the developer of the Driftwood LNG export project in Louisiana, said on Friday that its...

Energy Infrastructure Partners buys stake in Fluxys

Switzerland-based investor Energy Infrastructure Partners (EIP) has signed a deal to buy a stake in Belgian LNG terminal operator...

UAE’s Adnoc to supply LNG to Germany’s RWE

UAE’s Adnoc and Germany's RWE have signed a supply deal on the first commercial LNG delivery to the Brunsbuettel...

More News Like This

Chevron’s Australian LNG plants shipped 87 cargoes in first half

Chevron's two Australian LNG export projects, Gorgon and Wheatstone, have shipped 87 cargoes in the first half of 2022,...

Eni, partners take FID on new gas project to supply Angola LNG plant

Italian energy giant Eni and its partners have taken a final investment decision on the Quiluma and Maboqueiro gas...

Chevron to buy LNG from Venture Global under 20-year deals

US energy giant Chevron will buy liquefied natural gas from compatriot Venture Global LNG under two long-term sales and...

Cheniere pens long-term LNG supply deals with Chevron

US LNG exporter Cheniere has signed two long-term deals to supply liquefied natural gas to compatriot energy giant Chevron. Cheniere's...