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
5 May 2025
The country is seeing a notable increase in petroleum product retail outlets, with private operators gaining market share
2 May 2025
Fast-tracking US project approvals and increased trade pressures have already changed the LNG landscape since Trump came to office, with further transformation ahead
2 May 2025
Peru’s state-owned hydrocarbons agency has launched the search for new investors for Offshore Block Z-69, a high-potential asset in the prolific Talara Basin.
2 May 2025
The scars of the Russia crisis have accelerated Europe’s push to wean itself off gas dependence as the growing globalisation of LNG becomes a double-edged sword
