Singapore: Pavilion Energy, Temasek Holdings’s LNG vehicle, is buying 400,000 tonnes of LNG a year starting 2019 from BP for 20 years in a contract signed today. The gas will come mainly from BP’s Freeport LNG project in the US.
Pavilion Energy ceo Seah Moon Ming said, "We are delighted to collaborate closely with BP. The conclusion of a long-term agreement with BP, which involves LNG supply from the US, is another significant development for Pavilion Gas. This deal is part of our continued effort to enhance and diversify our LNG portfolio to deliver sustainable and competitive LNG supply to Asia." [25/09/14]
