Tanzania works towards signing $42bn LNG deal before June
Tanzania is working towards signing a $42 billion LNG project agreement before June, with first production envisaged in eight years, Planning and Investment Minister Aida Mkumbo said during a London briefing. The project targets 47 Tcf of offshore reserves in Blocks 1, 2, and 4 off Lindi in southern Tanzania, with a view to developing a 10 mtpa LNG export terminal.
Pavilion of Singapore acquires LNG assets of Spanish utility Iberdrola including UK regas
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 carries out first ship-to-ship commercial LNG bunkering in Singapore
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 of Singapore charters two more LNG vessels from BW Group to expand trading
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.
Total and Pavilion Energy to develop jointly an LNG bunkering hub in Port of Singapore
French energy major Total and Pavilion Energy, the company owned by Singapore wealth fund Temasek, have signed an accord to jointly develop an LNG bunker supply chain in the Port of Singapore.
Pavilion Gas of Singapore starts LNG imports for domestic power needs in Asian city state
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 Gas of Singapore to supply LNG bunkering fuel for PSA Marine harbour tugs
Pavilion Gas of Singapore said it would supply liquefied natural gas fuel to PSA Marine for re-fueling its dual-fuel harbor tugs engaged in port services and scheduled for delivery in 2019.
Germany's Uniper gains access to Far East LNG terminal in exchange for UK and Dutch rights
German energy company and utility Uniper has signed a capacity swap agreement with Pavilion Energy of Singapore for access to its Far East LNG import facility in exchange for access rights to terminals in the Netherlands and the UK where it holds capacity.
Final session of LNG 18 covers supply to Asia and small-scale volumes and projects
LNG 18, the most important industry conference in recent years, entered its final session on April 15 in the Australian city of Perth with the more than 2,000 delegates hearing speeches centred on the Asia-Pacific region and LNG growth in terms of fuel procurement, small-scale distribution and building midscale projects.
