LNG

Gasum, the Finnish state-run natural gas company and leading Nordic LNG supplier, delivered a cargo to the floating storage regasification unit (FSRU) deployed in southern Finland to help fill a gap during the current cold spell caused by a key gas pipeline shutdown.

Pavilion Energy, the Singapore natural gas and LNG company, has named Alan Heng as Group Chief Executive effective from April 2022 as the company continues to support Asian expansion in trading and bunkering activities.

Pavilion Energy, the Singaporean company owned by the city-state wealth fund Temasek, said it entered into an agreement to purchase the portfolio of LNG assets of Spanish utility Iberdrola, including European regasification capacity in the UK and Spain.

Pavilion Energy, the Singaporean company owned by the city-state wealth fund Temasek, has performed the first commercial ship-to-ship liquefied natural gas bunkering operation in the Port of Singapore as part of efforts to create an Asian LNG Hub.

The operation comprised a reload of 2,000 cubic metres capacity of fuel onto a small-scale tanker at the newly-modified second jetty at the Singapore LNG (SLNG) import terminal at Jurong Island, followed by a ship-to-ship transfer to the receiving heavy-lift commercial vessel.
 
“Pavilion Energy’s first commercial ship-to-ship LNG bunkering operations in Singapore demonstrates our strong commitment and capability to deliver a comprehensive suite of LNG bunker supply solutions to Singapore and the region,” said Mr. Frédéric H. Barnaud, Group Chief Executive of Pavilion Energy.

“We are very pleased to have achieved this shared milestone in close collaboration with the Maritime and Port Authority (MPA) and SLNG Corporation, and with the support from various stakeholders, partners and customers,” added Barnaud.

Ms Quah Ley Hoon, CEO of the Port Authority, said that as the world’s largest bunkering port, Singapore is committed to provide a range of fuels to meet the future energy needs of the global shipping industry.

“We congratulate Pavilion Gas for completing this ship-to-ship LNG bunkering operation in the Port of Singapore safely and look forward to more of such activities taking place in our Port,” she added.

Through its wholly-owned subsidiary, Pavilion Gas, a licensed LNG bunker supplier in the Port, Pavilion said it continued to be at the forefront of change for cleaner and more responsible solutions with LNG bunkering. 

Pavilion Energy demonstrated its truck-to-ship bunkering capabilities in 2017, and further expanded its bunker logistics with the charter of its first LNG bunker vessel newbuild in February 2019.

The 12,000 cubic metres capacity re-fueling vessel with Mark III Flex membrane LNG storage tanks from French company GTT is set for delivery by 2021.

“We strongly believe that LNG will become the worldwide fuel of choice for bunkering in the long term, and SLNG is well-positioned to facilitate this development,” said Tan Soo Koong, CEO of terminal owner SLNG.

“We are keen to work with all stakeholders and invest in infrastructure as necessary, to help grow LNG bunkering here,” he added.

Pavilion Energy said it would be chartering its first liquefied natural gas bunkering vessel to supply LNG fuel in the Port of Singapore and the Japanese-owned ship will have 12,000 cubic metres of capacity.

Pavilion Energy of Singapore and its shipping partner BW Group have signed an agreement for Pavilion to charter two more LNG carriers, each with capacity of 173,400 cubic metres and scheduled for delivery between 2019 and 2020.

Singapore LNG import licence holder Pavilion Gas, part of the portfolio of the city-state equity fund Temasek and its Pavilion Energy company, received its inaugural LNG cargo from Middle East supplier Qatargas for the local natural gas market.

Pavilion Energy of Singapore, the LNG and gas company owned by the city-state’s wealth fund Temasek, has chosen Frenchman Frederic Barnaud from Russian natural gas giant Gazprom to succeed Seah Moon Ming as Chief Executive.