Pavilion diversifies LNG supplies further with BP deal
TEMASEK'S liquefied natural gas (LNG) investment arm Pavilion Energy has made further progress in diversifying and strengthening overall supply of its LNG portfolio.
Announced by Pavilion Energy's chief executive officer Seah Moon Ming, under its wholly-owned subsidiary Pavilion Gas, they have sealed a 20-year contract with UK oil and gas company BP, under which the latter will supply it with 0.4 million tonnes per annum (mtpa) of LNG beginning 2019.
This announcement comes just three months after Pavilion Gas inked a 10-year deal to receive 0.7 mtpa of LNG from France-based international oil and gas company Total beginning 2018, and a year since the official start of the unit's operations in September 2013.
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