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 Petroleum Economist 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 widel
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