Pavilion Energy to offer small-scale LNG solutions in S-E Asia
Singapore
PAVILION Energy plans to start providing small-scale liquefied natural gas (LNG) solutions in South-east Asia, and has already started discussions with several partners in markets such as Indonesia and the Philippines.
Its chief executive officer, Seah Moon Ming, said this on Wednesday as he outlined a trend towards small-scale LNG solutions in recent years.
In the past five years, 65 per cent of all contracts were signed for volumes below one million tonnes a year, he said. Some European terminals have also started to offer LNG bunkering, truck loading, re-exports and small-scale services, such as the Gate terminal in Rotterdam which will offer break-bulking services next year.
"Unlike the US or Europe, South-east Asia has numerous small and remote islands, of which many are permanently inhabited and require power," said Mr Seah. Hence, using small vessels of 10,000 cubic metres in capacity - carrying about 0.05-0.5 million tonnes a year of LNG - to make deliveries across various locations would make sense, he …
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