Pavilion prepares for carbon neutrality as normal
The Singaporean firm is laying the foundations for when carbon-neutral LNG will be a requirement
Pavilion Energy’s sales-and-purchase agreement (SPA) with Qatar Petroleum for up to 1.8mn t/yr into its home Singapore market for ten years from 2023 was not a run-of-the-mill contract. Notably, it contained a clause that each cargo delivered under the agreement will be accompanied by a statement of its greenhouse gas (GHG) emissions measured from well to discharge port. The ground-breaking November commitment may well have been in voters’ minds when they selected Pavilion as the Mid/Small Cap Energy Firm of the Year in the PE Awards 2020. But CEO Frederic Barnaud is keen to stress that this is only the start of the journey for Pavilion and for the LNG industry more widely. How do you see th
Also in this section
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
10 December 2024
Tightened standards have helped improve the outlook for the voluntary carbon market, which is set for a record year and poised for long-term growth
