Pavilion, Gasum join forces on LNG bunkering

Singapore’s Pavilion Energy and Finland-based Gasum said they will collaborate to develop a global LNG bunkering network for their customers in Singapore and northern Europe.

The duo revealed on Thursday they signed a memorandum of understanding via a virtual ceremony.

Furthermore, they agreed to leverage each other’s LNG infrastructure and supply capabilities to provide global supply points for their customers.

Temasek’s Pavilion is a licensed LNG importer and bunker supplier for Singapore. The firm has already taken several steps as the country looks to become an LNG hub.

On the other side, Gasum has five LNG bunkering vessels in operation and several terminals in the Nordics.

From Far East to northern Europe

Pavilion’s chief executive Frédéric Barnaud said the partnership would provide customers with a wide supply LNG bunkering network for ocean-going vessels sailing between the Far East and northern Europe.

“We will complement this alliance with additional LNG bunkering partnerships in the Mediterranean, North Asia and the Americas,” he said.

Johanna Lamminen, CEO of Gasum said the partnership underlines the firm’s aim to build a world-wide partner network.

“For our customers this means that we will support them with LNG wherever they are,” she said.

Most Popular

LNG carrier arrives to load first LNG Canada cargo

The 174,000-cbm GasLog Glasgow has arrived at the LNG Canada jetty in Kitimat to load the first LNG cargo produced at the Shell-led terminal, an LNG Canada spokesperson told LNG Prime on Saturday.

HD Hyundai Samho scores contract to build LNG carrier quartet

South Korea’s HD Hyundai Samho has secured an order to build four liquefied natural gas (LNG) carriers for about $1.03 billion.

Atlantic LNG shipping rates down, Pacific rates up

Atlantic spot LNG shipping rates decreased to $48,750 per day this week, while Pacific rates rose compared to the week before.

More News Like This

Gasum in Norwegian bio-LNG move

Finnish state-owned energy firm Gasum has signed a deal with Norway's Vireo to purchase all the bio-LNG produced at the latter's Hardanger biogas plant in Norway.

Singapore LNG bunkering volumes down in May

Singapore’s monthly LNG bunkering sales decreased 7.7 percent in May compared to the same month last year, but were higher compared to the month before, according to Singapore’s Maritime and Port Authority.

Singapore LNG bunkering volumes rise in April

Singapore’s monthly LNG bunkering sales rose 18.1 percent in April compared to the same month last year, according to Singapore’s Maritime and Port Authority.

Singapore LNG bunkering volumes slightly up in March

Singapore’s monthly LNG bunkering sales rose slightly in March compared to the same month last year, according to Singapore’s Maritime and Port Authority.