Pavilion Energy And Chevron Ink A LNG Supply Agreement For Singapore
Pavilion Energy Trading & Supply Pte. Ltd.[1] (“Pavilion Energy”) and Chevron U.S.A. Inc (Singapore Branch) (“Chevron”) have signed a six-year LNG sale and purchase agreement (SPA) for the supply of approximately 0.5 million tonnes of LNG per year to Singapore from 2023.
To promote increased sustainability and transparency in the LNG value chain and as required by Pavilion Energy under its supply tender[2], each LNG cargo delivered under this agreement will be accompanied by a statement of its greenhouse gas (“GHG”) emissions measured from wellhead to discharge port.
In addition to supplying LNG to Singapore, Pavilion Energy and its strategic partners are committed to co-develop and implement a GHG quantification and reporting methodology for LNG. The methodology is being developed based on internationally recognised standards and will cover emissions from wellhead-to-discharge terminal, including LNG