Singapore has ambitions to become an LNG bunkering hub
BP and Singapore’s Pavilion ink LNG supply deal
BP and a Temasek subsidiary sign a long-term LNG supply deal with a full-cycle emissions ambition
BP will supply Pavilion Energy—a subsidiary of Singapore’s state-owned Temasek—with 800,000t/yr of LNG for ten years from 2024. The long-term sales-and-purchase agreement will see the LNG delivered to Singapore. The partners plan "to co-develop and implement a greenhouse gas (GHG) quantification and reporting methodology” for LNG cargoes “from wellhead to discharge terminal”. Quantifying emissions is the first step towards “a lower carbon future... [and carbon] reduction and offsets for Singapore”, Pavilion Energy CEO Frederic Barnaud says, while BP cites its stated ambition “to be a net zero company by 2050 or sooner”. Pavilion Energy is involved in LNG trading, shipping and storage, as wel
Also in this section
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference
