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

QatarEnergy, ExxonMobil expect first LNG from Golden Pass plant in H1 2025

Energy giants QatarEnergy and ExxonMobil are expecting to start LNG production at their Golden Pass LNG export terminal on...

Nigeria’s NNPC teams up with China’s Wison on floating LNG project

State-run Nigerian National Petroleum Corp is joining forces with China's Wison to develop a floating LNG production project in...

Trinidad seals Atlantic LNG restructuring deal with Shell and BP

Trinidad and Tobago has finally signed a restructuring deal with the shareholders of LNG producer Atlantic LNG, Shell, BP,...

More News Like This

Chevron says third Gorgon LNG train returns to full production

The third liquefaction train at Chevron's giant Gorgon LNG plant in Western Australia has returned to full production, Chevron...

Chevron working to resume full Gorgon LNG production after electrical incident

Chevron's unit in Australia is working to return to full production from its Gorgon LNG plant in Western Australia...

Chevron: Gorgon and Wheatstone LNG workers back new labor deals

Chevron’s workers at the Gorgon and Wheatstone LNG export terminals in Western Australia have voted in favor of new...

Chevron to acquire Hess in $53 billion deal

US energy giant and LNG producer Chevron has agreed to buy compatriot oil and gas firm Hess in an...